• 2014 July 18 17:49

    RZD inaugurates Rajin rail transshipment terminal, kicks off freight traffic via Hasan-Tumen border crossing

    A solemn ribbon-cutting ceremony was held today, July 18, 2014, for a new rail transshipment terminal inaugurated in the North Korean port of Rajin, which  launched freight carriage through the border crossing Hassan, Russia and Tumen, North Korea, the Russian Railways said in a press release.

    The event was attended by RZD President Vladimir Yakunin, the DPRK Minister of Railways Jeong Gil Su, head of the Far Eastern Railway Mikhail Zaichenko, other dignitaries and representatives of international business community.

    Opening of the new terminal has completed a pilot project on the reconstruction of part of the Trans-Korean Railway. Work was carried out by Russian-Korean JV "RasonKonTrans" in conjunction with JSC Trading House RZD, a subsidiary of Russian Railways, and the port of Rajin.

    Terminal is a modern high-technology multifunctional facility, which is able to handle five million tonnes of freight a year. At the initial stage the rail transport will haul to the port of Rajin primarily coal and other bulk cargoes. The terminal will provide handling and storage of cargoes and the magnetic coal cleaning system and sorting according to the specific request of the consumers on the quality of the commodity.

    In the framework of the international visit, Vladimir Yakunin and Jeong Gil Su held a bilateral working meeting to discuss prospects of further cooperation.

    Currently JSC Russian Railways with a consortium of South Korean companies (POSCO, HMM, KORAIL) begin to work together to develop a mechanism to implement the project in the format of trilateral cooperation that in the future will allow for the resumption of railway communication on the Korean peninsula with access to the Trans-Siberian Railway.


2016 August 27

15:16 E.R. Capital Holding and Rickmers Holding AG will not pursue the merger of their ship management divisions any further
15:14 Diana Shipping engages financial advisors to negotiate amendments to certain of its loan facilities
15:11 EGD joins Klaveness as partner in the combination carriers
08:18 Latvian Shipping Company posts revenue of USD 50,08 million for Q2 2016

2016 August 26

18:02 MV WERFTEN signs a letter of intent with Foreship
17:24 CMA CGM announces GRR from Asia to North Africa trades
16:59 Rates for pilotage fee changed at port Ust-Luga
16:24 CMA CGM implements GRR from Asia to North Europe
16:05 Evergreen, K Line, COSCO, Wan Hai and PIL to offer two new joint services for Indian Subcontinent
15:52 VARD secures contract for two luxury expedition cruise vessels for Hapag-Lloyd Cruises (photo)
15:43 Russian fishing fleet is being equipped with Gonets sattelite system of domestic origin (photo)
15:26 Hansa Heavy Lift transports giant pipe racks for new FPSO unit in Brazil
15:22 Seaspan closes the sale of its previously announced public offering of shares
14:21 Kalmar appoints Peter McLean to lead the Asia-Pacific region
13:50 Within the unannounced inspection Coastal Troops and Marines of Black Sea Fleet and Caspian flotilla performed marches to concentration zones
13:22 Ulrike Riedel to become HR Director of the EUROGATE Group
13:02 CMA CGM announces GRR from Asia to Mediterranean
12:19 The Grimaldi Group completes the acquisition of Finnlines
12:15 ABS announces the publication of The ABS Guide for Certification of Offshore Access Gangways
11:54 EC, Tekes selects Norsepower to develop the world’s largest rotor sail
11:20 High-level officials met in Riga to discuss Rail Baltica Intergovernmental Agreement
10:41 Dutch ambassador promotes the emergence of LNG platform in Lithuania
10:29 Matson signs contract with NASSCO to build two new Con-Ro ships for Hawaii service
10:19 WSS Suez Canal transit team to cut customer costs, workloads and confusion
10:08 Brent Crude futures price down 0.46% to $49.44, Light Sweet Crude – down 0.26% to $47.20
09:52 Rosmorport announces tender for maintenance dredging at port Temryuk
09:33 Indicative bunker prices are almost flat at the port of Saint-Petersburg (graph)
09:19 Baltic Dry Index up to 718 points

2016 August 25

18:46 Tuco Marine reveals a new Arctic Workboat Daughter Craft
18:05 Scania will introduce marine engines meeting the requirements of TIER III
17:37 The logistics division at IMPERIAL continues to grow
17:11 Royal IHC upgrades underwater pump-unit TSHD for Van Oord
17:04 BMW Group Brazil celebrates first shipment to the US
16:45 Gazprom Neft reports IFRS financial results for 2H and 1H 2016
16:22 Kalmar wins further forklift order from Algerian port procurement company GICEP
16:03 Foreship establishes Tallinn subsidiary
15:41 Yet another regular ocean link between the Port of Gdansk and Asia
15:20 Norsepower receives €2.6m funding to develop the world’s largest rotor sail
14:59 ESL Shipping’s ice-strengthened supramax vessel Arkadia contracted to transport iron ore from Canada to Germany
14:52 Damen and AEC Maritime join forces for scrubber solutions
14:37 Renewable energy business triggers busiest period at the Port of Ayr in 25 years
14:15 Höegh Autoliners names latest newbuilding
13:50 Baltic Workboats completed its first all-new 22-metre wave-piercing aluminium patrol boat Patrol 2200 WP for Belgium Customs
13:26 Klaipeda Seaport cargo handling turnover increased by 4.2% to 23.15 mln t in 7M’16
13:11 The Australian Maritime Safety Authority’s next gen search and rescue satellite tracking system is now operational
13:07 Sovcomflot’s H1 2016 net profit down 23.3%, y-o-y, to $165.9 mln
12:40 ABB’s Marine Academy launches arctic course in response to strong demand
12:16 Lucas Marine partners with Harbor Breeze Cruises to reduce fuel costs in L.A. & Long Beach Harbors
11:55 Bunker prices go up at the Far East ports (graph)
11:31 "K" Line enhances Asia/India/Pakistan services (PMX/PIX)
11:22 Barque Kruzenshtern takes part in Black Sea Tall Ship Races 2016 in the year of her 90-year anniversary (photo)
11:09 OOCL announces withdrawal on the North Pacific 3 service
10:50 Brent Crude futures price up 0.04% to $49.03, Light Sweet Crude – up 0.04% to $46.79
10:33 AS Tallink Grupp published unaudited consolidated interim report for Q2 2016
10:09 MSC launches new direct service from Middle East-Pak-India to East Africa
09:45 Tallink Grupp states QII profit of EUR 36 mln
09:14 Baltic Dry Index up to 706 points
09:02 Secret corporate structures rife in North Sea Oil - ITF

2016 August 24

18:52 Signing of cooperation agreement between ports of Kiel and Ust-Luga slated for Sept. 22
18:31 Port of Long Beach continues investments in community groups