• 2017 May 11


    Cargo volume is up at the Port of Long Beach – will it last?

    Long Beach port officials reported a 16.5 jump in container volume for April compared to the same time last year, an early sign of hope for port officials looking for a comeback after a disappointing 2016...

  • 2017 May 10


    Urals CIF Rotterdam crude oil grade at premium to Urals CIF Augusta for 1st time in over 2 years

    Urals CIF Rotterdam established a premium over Urals CIF Augusta after Monday’s assessment as a change to fundamentals of the crude loading out of the Baltics and the Black Sea has moved the grades in opposite directions over the past month...

  • 2017 May 10


    German exports, imports reach record heights in March

    German exports rose to a new record high in March but were outpaced by imports to slightly narrow the trade surplus, while factory production dropped slightly...

  • 2017 May 10


    New China-Europe container train launched

    A train pulling 45 containers set off from Panjin Port, northeast China's Liaoning Province on Wednesday, joining China-Europe freight trains which have been booming in recent years...

  • 2017 May 5


    Gazprom to build helium hub in Russia’s Far East

    Gazprom Gazenergoset Helium, an affiliate of the Russian gas holding Gazprom, will build one of world’s largest logistical centers for helium containers handling in Nadezhdinskaya advance development territory...

  • 2017 May 5


    Major Russian port fully purchased for $354 million

    Evraz Nakhodka Trade Sea Port, one of the largest stevedoring companies in the Far East of Russia, is being fully purchased for a total of US$354.4 million...

  • 2017 April 27


    Construction of Rosneft base in Murmansk to start in two years

    The construction of a coastal base on the premises of the 82nd shipyard in Murmansk to support oil major Rosneft’s offshore hydrocarbon production projects will begin in two years...

  • 2017 April 27


    Russia speeds up manufacture of icebreaker reactor

    Russia's Zio-Podolsk has completed "one of the most complex" manufacturing operations on the reactor head of the Sibir nuclear-powered icebreaker, using a new tool that reduces the time required to bore holes in the structure from 150 days to 36 days...

  • 2017 April 27


    Five Russian sailors detained in Libya freed

    The Five Russian sailors, who were detained on board MERLE cargo vessel inside Libyan waters off Al-Zawiya shores, returned to Russia after two months of negotiations with Libyan authorities...

  • 2017 April 27


    Russia to launch LNG-fueled oil tankers

    When Russia’s biggest tanker operator launches four new vessels next year, they won’t just be carrying oil to northern Europe but the hopes of the liquefied natural gas industry...

  • 2017 April 27


    Russian navy ship crashes into vessel carrying livestock in Black Sea

    A Russian naval reconnaissance ship has sunk after it crashed into a freighter carrying livestock in the Black Sea, near Turkey...

  • 2017 April 25


    JGC building huge modular LNG plant in the Arctic

    A construction of a huge liquefied natural gas plant on the Yamal Penninsula, Russia, is under way by JGC...