• 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 May 28

21:19 Diana Shipping announces time charter contracts for m/v Naias and m/v Artemis with Bunge
21:05 Terex announces talks with Zoomlion terminated agreement to sell the material handling & port solutions business to Konecranes to proceed
20:39 Crowley recognized with Lloyd’s List Ocean-Going Ship Operator of the Year Award
13:50 Aquatic to mobilise carousel for Bibby Offshore's ETAP redevelopment project for BP
12:56 New procedure for commercial goods permits in Yemen ports
12:35 Bibby Offshore awarded North Sea contract with Apache
10:36 ACE Winches names new Engineering Manager

2016 May 27

18:55 Technip secures contract in Saudi Arabia from CTCI
18:21 CPU GmbH acquisition increases MacArtney presence in the German market
17:57 Revenue of Sovfracht-Sovmortrans Group up 32% to RUB 8.3 bln in QI’2016
17:38 Prosafe's Harald Espedal steps down, interim Chairman tapped
17:23 Statoil: three wells for the price of one
17:15 Seadrill reports Q1 $891 million revenue
16:33 Thales signs OFSV contract with Seaspan’s Vancouver Shipyards
16:18 Royal Dutch Shell: Q1 2016 scrip dividend programme reference share price
16:12 Saint-Petersburg will host IX Russian Forum “Current State and Prospects for Development of Russian Bunker Services Market” on June 23-24
15:56 Petroleum Geo-Services data for Norway 23rd round work commitments
15:18 VOS Sugar commences first charter contract at BARD Offshore 1
14:28 Seaspan thumbs up the Canadian Government's National Shipbuilding Strategy
14:13 DEME receives highest certification level CO2 Performance Ladder
13:51 Aker Solutions purchases 100,000 of its own shares
13:42 Almaz Shipbuilding Company (Saint-Petersburg) launches coast guard ship Nadezhny (photo)
13:18 ​​​Goltens contracted to install BWMS on ten Royal Netherlands naval vessels
12:57 Ministry of Industry and Trade says the state supports construction of 89 vessels in Russia
12:28 Nevsky Shipyard launches the lead Arctic class supply tanker of Project ST33 (photo)
12:01 Russian Railways BoD praises Company's activity in 2015 to improve efficiency
11:39 ABP’s ports of Ayr and Troon are set to receive a record number of cruise calls in 2016
10:53 Baltic Dry Index down to 601 points
10:40 Brent Crude futures price down 0.85% to $49.17, Light Sweet Crude – down 0.75% to $49.11
10:27 Laky Verf (Leningrad Region) lays down first ship of Project 12М (photo)
10:14 KONGSBERG contracted to supply AUVs and hydrographic technology for new Peruvian Arctic research vessel
09:49 Samskip doubles frequency of its Duisburg service
09:26 ZIM EBITDA in Q1 2016 remains positive at $8 million
09:18 Bunker fuel prices are flat at the port of Saint-Petersburg (graph)

2016 May 26

18:36 ABB electric propulsion system saved over 700,000 tons of fuel for marine vessels so far
18:14 Hapag-Llod revises HLC on East Asia - Mexico, Central America, Caribbean, WCSA services
17:52 Sixth combination bulk oil / deck cargo carrier of Project RST54 built by Okskaya shipyard to undergo sea rtials
17:31 TORM purchases shares for $19 million as part of the completed squeeze-out of remaining TORM A/S shareholders
17:30 Turku hosts the ninth Baltic Sea Region Forum
17:03 Hapag-Lloyd announces rotation change on JSC Service
16:49 Viking Line invests in maritime reseach in the Baltic Sea
16:43 LRQA receives accreditation from ANAB
16:21 Fugro enables safer drilling for BP in area of strong currents
16:11 Royal Caribbean's Empress of the Seas arrives to Miami
16:04 Navios Maritime Holdings' posts $101.5 million revenue for Q1 2016
15:57 RF Government issues instructions on expansion of port Kaliningrad for LNG terminal
15:39 Zelenodolsk Plant named after Gorky launches Gepard-3.9 frigate built for Vietnam
15:18 Hapag-Lloyd hikes rates from North, South and Central China to Persian Gulf
15:02 Broekman logistics signs contract with Novaedes
14:49 Expert says no firm trend on global bunker market next week
14:41 Flag hoisting ceremony held onboard M/V Ecolog built by Okskaya Sudoverf shipyard (photo)
14:35 BC Ferries adds more sailings in June on its three busiest routes
13:55 GESAMP group meets to focus on impacts of geoengineering on marine environment
13:49 Nayada Co Ltd joins Russian Association of Marine and River Bunker Suppliers
13:24 Ministers of Defence of Baltic States visit Baltic Workboats
12:56 IFO-180 НS is still in deficit at the ports of Russia’s Far East (graph)
12:28 Throughput of Murmansk Sea Fishing Port down 23.7% to 96,400 t in 4M’16 (photo)
12:00 SCF says construction of tankers complying with Tier-III Standard will cost 16-22% more
11:31 Damen unveils new compact multi-role UV 2410
11:15 122 permissions for navigation in NSR waters issued this year