• 2016 December 3 20:34

    Dmitry Medvedev wished success in implementation of Vostochny Port’s Phase 3 project (photo)

    RF Prime Minister Dmitry Medvedev visited the exposition of Port Management Company LLC and Vostochny Port JSC at the “Transport of Russia” exhibition. According to Dmitry Medvedev, is it a very good time for the project implementation - Phase 3 of Vostochny Port, Russia’s largest dedicated coal terminal is to be launched in September 2017, says press center of Port Management Company.

    Coal exports via the Far East ports of Russia have been showing sustainable growth from 2012. This entails the demand for additional transshipment facilities with open access for different companies.

    It was in autumn of 2012 that the decision was made to expand the capacity of Vostochny Port JSC. Investments into Phase 3 of the port make some RUB 27 bln. The project is financed exclusively by the company without any resources from the federal or regional budget. 

    Irina Olkhovskaya, Director on Long-Term Development and Interaction with Federal Authorities, Port Management Company LLC, told Dmitry Medvedev about the private investment project on construction of Phase 3 of Vostochny Port, Russia’s largest dedicated coal terminal (part of the holding run by Port Management Company LLC): “Over RUB 19 bln of planned RUB 27 bln have already been invested. A new berth was opened in summer. Despite the geographic proximity of China and Japan, over 4,000 t of metal structures manufactured in Russia were used for the construction under import substitution programme. Assembly of special coal loading equipment has been performed in cooperation with the Japanese partners. Apart from port infrastructure the project foresees the construction of two railway-yards for RUB 5 bln. It is a very important factor for synchronization of port and rail infrastructure development. We have been in permanent cooperation with our colleagues from Russian Railways JSC”. 

    With the launch of new facilities, Irina Olkhovskaya emphasized, the stevedore’s coal transshipment will grow to 40 mln t per year to meet the growing demand in the Asia-Pacific Region and to build up exports potential of Russia’s coal industry. 

    When asked by the Prime Minister about the number of new jobs under the project, Irina Olkhovskaya said that the launch of the port’s new facilities would generate 400-500 new jobs for Primorsky Territory citizens.

    Port Management Company LLC controls operation of Russia’s largest coal terminals – Vostochny Port JSC (Vrangel Bay, Primorsky Territory) and Rosterminalugol JSC (Ust-Luga, Leningrad Region). Total throughput of the two dedicated terminals exceeded 40 mln t in 2015, which is more than one third of coal exported from Russia by sea. Coal is shipped to more than 30 countries of Europe, Middle East and Asia-Pacific Region.  By 2019, total throughput of the company’s terminals is to reach 56.5 mln t. 

    The company applies advanced technologies to export coal produced by JSC Kuzbassrazrezugol, JSC SUEK, JSC Kuzbass Fuel Company, JSC Russian Coal, JSC Sibuglemet, LLC Promugolservice CJSC Belovskaya Mine, LLC Stepanovsky Razrez, LLC Razrez Bungursky Severny and other Russian coal companies.

    Port Management Company was set up in 2008. From 2009 the company controls the operation of Vostochny Port JSC. Over this period, Vostochny Port’s throughput surged by 58% to 22.8 mln t in 2015. In 2010-2015, the company held optimization of production processes and implemented the programme on modernization of equipment. Rosterminalugol JSC fell under control of Port Management Company in 2016. In 2015 Rosterminalugol handled 17.5 mln t of coal, a record-high result of the company. Port Management Company is headquartered in Moscow. 

    Vostochny Port JSC (Vrangel Bay, Primorsky Territory, Far East) is Russia’s largest publicly available terminal equipped with cutting-edge equipment: tandem wagon dumpers, conveyor systems, stackers, reclaimers, ship loading conveyors, a defrosting system for 80 railcars and a unique multilevel system of magnetic separation. Highly efficient systems of water treatment, dust suppression and wind barrier installed at the terminal ensure the protection of the Vrangel Bay environment.

    In 2015 the port handled 22.8 mln t of coal, one fifth of all coal exports via Russian seaports and about 32% of coal transshipment via the ports of Russia’s Far East Basin. The coal is exported to APR, India and Latin America. 

    Vostochny Port JSC is implementing an ambitious investment project on construction of the coal terminal’s Phase 3. New terminal facilities will be put into operation in 2017 allowing for port capacity to reach 39 mln t in 2019. The project is financed exclusively by private investor, without involving any state resources. Investments into the project make RUB 27 bln.

    Rosterminalugol JSC (port Ust-Luga, Leningrad Region) is the largest dedicated coal terminal in the North-West region of Russia. The terminal built with the application of the innovative technologies is intended to supply Russian coal produced in Kuzbass and other coal fields to the customers in Europe, Africa, Middle East, Latin America and the USA. The terminal was founded in 1996 under the programme on establishment of a commercial seaport in Ust-Luga. Rosterminalugol entered the holding run by Managing Port Company LLC In 2016. 

    In 2015, throughput of Rosterminalugol grew by 13%, year-on-year, to a record high result of 17.5 mln t (62% of coal transshipment in the ports of Russia’s Baltic Basin). In 2016, Managing Port Company LLC launched the project on further modernization of the terminal.

2019 November 16

16:42 Team Tankers International Ltd. announces Q3 2019 results
15:02 GasLog places NOK 900M of senior unsecured bonds due 2024
14:23 BTG and GoodFuels preparing for major investment in bio-refinery to support shipping’s low carbon fuels demands
13:41 Third L-class delivered in China
12:32 Seaspan to purchase a fleet of six containerships on long-term charter for $380 million
11:28 Mammoet inks agreement with Port of Coeymans Marine Terminal to strengthen presence along East Coast
10:18 Metal Sharks delivers pilot boat duo to BCMT

2019 November 15

18:09 Coast Guard medevacs cruise ship Aida Perla passenger just off Ponce, Puerto Rico
17:48 Sovcomflot reports its results for third quarter and nine months of 2019
17:23 Wärtsilä and PSA Marine collaborate to achieve clean energy shipping
17:15 Bollinger Shipyards contracted to build ocean transport barge
17:00 Composit supports 7th International Forum of Dredging Companies as its Sponsor
16:57 Ulstein unveils its concept of the first hydrogen powered offshore vessel
16:36 RF Government separates positions of Deputy Transport Minister and head of Rosmorrechflot
16:14 IMO holds training on impacts of anti-fouling systems and ships’ biofouling on marine environment
15:39 Norway boosts IMO's GreenVoyage-2050 GHG project
15:11 New Wärtsilä Expertise Centre provides value-adding lifecycle support
14:57 LUKOIL commissions phase three facilities at Filanovsky field
14:30 NSR cargo traffic totaled 26 million tonnes year-to-date, up 63.5% YoY
14:13 Georgia Ports Authority up 3.5 percent to 428,400 TEU in October 2019
13:13 Diana Shipping announces direct continuation of time charter contract for m/v Medusa with Cargill
12:51 Multipurpose Reloading Complex reports 4-fold increase of allocations for environment protection to RUB 11.5 million
12:32 ABI Research: Commercial fleets looking to tech to accelerate ROI in the face of rising costs, competition, and uncertainty
12:13 Port of Oakland names Danny Wan Executive Director
11:28 ESL Shipping participates in Intelligence Hunt
11:00 CMA CGM to apply GRI from Canada West Coast to worldwide destinations (Excluding EU, Russia & USA)
10:41 Delft Dynamics, Next Ocean and Damen perform qualification test in North Sea
10:40 Gremyashii corvette of RF Navy’s Nothern Fleet to be tested in White Sea
10:16 Training ship Perekop of RF Navy's Baltic Fleet arrives in Republic of Myanmar
09:54 Bunker prices go down at the port of Saint-Petersburg, Russia (graph)
09:39 MABUX: Bunker market this morning, Nov 15
09:32 Brent Crude futures price is up 0.45% to $62.56, Light Sweet Crude – up 0.51% to $57.06
09:13 Baltic Dry Index is up to 1,364 points

2019 November 14

18:19 French Prime Minister Edouard Philippe inaugurates CEVA Logistics’ new headquarters in Marseille
18:00 Boosting handling of cargo bound for Arctic considered as strategic development vector of Murmansk Commercial Seaport
17:41 Port of Liepaja (Latvia) handled 5.92 million tonnes of cargo in 10M'2019, down 5.1% Y-o-Y
17:20 Gasunie, EBN, Port of Amsterdam and Tata Steel work together on the development of a CCUS project in the North Sea Canal area
16:49 Hung Hua Construction of Taiwan orders third Fast Crew Supplier this year to support offshore wind ambitions
16:36 Main engines loaded onto second serial ship of PV22 project at Nevsky Shipyard
16:15 Hapag-Lloyd announces rates from East Asia to North Europe and Mediterranean
15:59 Yevgeny Savkin appointed as General Director of Novyie Kommunalnyie Tehnologii in Ust-Luga port
15:15 The ICS and ECSA call for immediate and effective intervention after yet another attack in the Gulf of Guinea
15:12 Restoration of 90 year old Amsterdam bridge by Niron Staal
14:43 Expert forecasts scrubbers to consume some 600,000 barrels of heavy fuel per day in 2020
14:14 Norway boosts IMO's GreenVoyage-2050 GHG project
13:32 Sea Port of Saint-Petersburg invested RUB 630 million in development in 9M’19, up 53% YoY
13:11 MOL earns AIP for design of bow wind-shield, ultra-large containership
12:30 Bunker prices are flat at the Far East ports of Russia (graph)
12:04 CMA CGM announces FAK rates from Asia to the Middle East Gulf
11:23 Aleksey Rykovanov appointed as General Director of Murmansk Commercial Seaport
11:01 Arista Shipping starts the path to smart shipping operations with an ocean data agreement with ABS
10:39 RF Government supports expansion of Murmansk Transport Hub capacity to 65 million tonnes by 2035
10:16 MABUX: Bunker market this morning, Nov 14
10:02 WesCom Signal and Rescue goes green at METSTRADE 2019
09:38 Three new Damen FCS Patrol vessels for SR Platforms achieve major milestones in a single week
09:33 Brent Crude futures price is up 0.58% to $62.73, Light Sweet Crude – up 0.72% to $57.53
09:19 Baltic Dry Index is up to 1,365 points

2019 November 13

18:07 LR and Seabury Maritime partner to tackle OPEX and CAPEX challenges
17:55 Gasum acquires AGA’s Clean Energy business and Nauticor’s Marine Bunkering business from Linde AG
17:36 Rolls-Royce and luxury yacht manufacturer Sunseeker sign frame agreement for MTU engines