• 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 October 25

18:04 CMA CGM announces new FAK rates from Asia to North Africa
17:50 Gazprom to build two offshore strings across the Black Sea to Turkey by late 2019
17:34 CMA CGM announces FAK rates from Asia to Mediterranean
17:18 Keel of Derzky corvette to be laid in Saint Petersburg on October 28
17:04 CLdN Ro-Ro starts new intermodal service between the ports of Zeebrugge and Lyon
16:49 Multipurpose Reloading Complex of Ust-Luga invested over RUB 22 mln in port infrastructure development
16:34 Statoil cancels contract with Stena Drilling for the mobile rig Stena Don
16:20 Worldwide backlog of orders till 2020 includes 130 LNG and 141 LPG tankers – expert
16:04 Cargotec launches a programme to achieve annual cost savings of approximately EUR 25 million in MacGregor
15:42 IUMI opens new overseas hub in Asia
15:04 Dutch business community calls on government to introduce climate legislation
14:49 Oil spill prevention and response exercise held in Ust-Luga port (photo)
14:21 JAXPORT reports container volume of 968,279 TEUs for fiscal year ending Sept. 30, 2016
14:18 DP World reports 2.2 % gross volume growth in the first nine months of 2016
13:58 Freight terminal in Сentral Gothenburg moves to the Port of Gothenburg
13:37 Damen delivers stock CSD450 within 3 working days on site
13:25 Fuel oil prices are still high at the Far East ports amid the deficit in the region (graph)
13:02 MOL issues "MOL Safety Standard Specifications" brochure
12:47 RS to participate in Shiptec China 2016
12:31 MPI’s wind-turbine installation vessel’s leg extensions increase work capabilities
12:12 Krylov State Research Centre took part in Marintec Russia Exhibition and Conference
12:05 Rolls-Royce to deliver ship equipment to the world’s largest tugs
11:59 GTT receives an order from DSME to equip two new LNG carriers
11:01 Smetlivy guard ship returned to Sevastopol after accomplishing the assigned tasks
10:20 DP World reports 2.2% gross volume growth in the first nine months of 2016
09:54 Brent Crude futures price down 0.66% to $51.52, Light Sweet Crude – down 0.06% to $50.56
09:35 Russian LNG projects are implemented under unfavorable market conditions – expert
09:16 Baltic Dry Index up to 831 points

2016 October 24

18:50 Port of Antwerp handles first project cargo for petrochemical cluster
17:58 Global order backlog numbers 138 LNG carriers
17:29 Dredging ship Belomorsky returns to Arkhangelsk under Russian flag (photo)
17:00 Abolishing of export duty on crude and oil products can result in 60-pct reduction of Russian terminals’ cargo base - expert
16:32 40th tanker leaves ice-resistant offshore rig Prirazlomnaya (photo)
16:04 APM Terminals orders automated cranes for MedPort Tangier facility
15:51 Trawler ship Pechora built for NAD fishing farms will be based in Murmansk (photo)
15:17 OSG Board OKs spin-off of its international business
15:04 Keppel to deliver one of the world’s largest FPSOs to Bumi Armada
14:46 Average wholesale prices for М-100 HFO up to RUB 10,463 in RF spot market
14:10 Port of Rotterdam throughput decreases by 1.9% in first nine months of 2016
14:02 Keppel to deliver third FPSO for Shapoorji Pallonji and Bumi Armada JV
13:33 Evgeniy Ambrosov makes a report at the conference “International Cooperation in the Arctic: New Challenges and Vectors of Development”
13:02 Hyundai Heavy Industries wins an order to build two 2,600 ton frigates for the Philippine Navy
12:34 BW LPG takes delivery of BW Magellan
12:10 Mordraga LLC (DEME Group) sponsors business lunch at 4th International Forum of Dredging Companies
11:29 PJSC TransContainer reports its Financial Results under Russian Accounting Standards for the first nine month of 2016
11:03 Overseas Shipholding Group approved to transfer to NYSE “Big Board”
10:45 Damen wins 13-tug order from Edison Chouest Offshore
10:37 OCEAN Alliance to become effective Monday, October 24, 2016
10:24 Brent Crude futures price down 0.25% to $51.66, Light Sweet Crude – down 0.35% to $50.67
10:02 Skangas awarded framework agreement with Statoil
09:40 Throughput of Port Vanino OJSC up 29% to 5.2 mln t in 9M’16
09:15 Baltic Dry Index down to 842 points

2016 October 23

14:33 Panama Canal records third highest annual cargo tonnage in Fiscal Year 2016
14:28 African States, the European Union and European shipowners endorse maritime security
14:27 Port of Antwerp freight volume up 3.3% after 9 months
14:26 Eimskip starts calling Bremerhaven in Germany
14:24 Ports support designation North Sea and Baltic Sea as Nitrogen Emission Control Areas

2016 October 22

14:23 Hapag-Lloyd announces GRI from East Asia to East Coast of South America
14:21 Teekay Tankers wins Lloyd’s List Asia Tanker Operator of the Year
13:48 World union meeting unites against TiSA and CETA