• 2017 September 7 13:39

    Vostochny Port and Sberbank agree on strategic cooperation in 13 areas (photo)

    Vostochny Port JSC, Russia’s largest dedicated coal port (run by Port Management Company), and PAO Sberbank of Russia have signed a long-term agreement on strategic cooperation.  Port Management Company says the document was signed at the Third Eastern Economic Forum (EEF-2017).

    The purpose of the agreement is to expand cooperation between the port and the bank in 13 areas, including providing a wide range of service for Vostochny Port employees - payroll card program, concessional lending and insurance (including pension insurance), special educational programmes for Vostochny Port managers, hi-tech and competitive bank servicing as well as analytical and information support of Vostochny Port. The stevedoring company, in its turn, is going to provide general information and consulting service for the development of the parties’ cooperation. 

    Vgrangel, Primorsky Krai based Vostochny Port JSC is Russia's largest dedicated open access coal port using covered stations for unloading and transfer of coal, conveyor equipment, rotary car dumpers, shiploaders and the second-to-none system of multi-stage magnetic coal separation. The port handles coal mined and exported by Russian coal companies. In 2016 coal throughput at the terminal reached 23.5 million tonnes, a fifth of all coal exports from Russia's seaports and about 30% of coal transshipment in the ports of the Far Eastern basin.

    Since the port construction completion 390 million tonnes of coal have been exported through the facility and 6.6 million rail cars have been handled, 28,000 vessels have been received at the port berths. Over the past ten years, JSC Vostochny Port has shipped more than 200 million tonnes of coal, an all-time record among all Russian coal ports.

    Vostochny Port JSC is a free access terminal, open to all coal producers. The enterprise's main objective is the increase in coal throughput and the best quality of cargo handling services: ensuring an uninterrupted supply chain and loading the commodity to the most efficient types of vessels for the formation of new supply routes.

    Vostochny Port JSC LLC is implementing an ambitious investment project on construction of the coal terminal’s Phase 3 including the construction of the federal railway infrastructure. New terminal facilities will be put into operation in 2017 allowing for port capacity to reach 39 mln t in 2019. The coal will be delivered from Kuzbass and other coal fields of Russia. A sole executive body of Vostochny Port JSC is Port Management Company LLC.

    Port Management Company LLC is Russia's major coal port holding that exercises the powers of a single executive body of largest dedicated coal ports based in the Baltic Sea region (Rosterminalugol JSC, Ust-Luga, Leningrad Region) and in the Far East (Vostochny Port JSC, Wrangel  Bay, Primorsky Territory).Total coal throughput by the 2016 year-end results of the holding's stevedoring companies reached 41.5 million tonnes, which is more than one third of all seaborne coal exports from Russia. The commodity is exported to more than 30 countries in Europe, the Middle East and the Asia-Pacific region. By 2019, according to PMC' estimates the total annual coal throughput across marine coal terminals will increase to 56.5 million tonnes.

    The PMC LLC was founded in 2008. Since then coal volumes handled at Vostochny Port leaped by more than 60%, and in 2016 totaled 23.5 million tonnes. Between 2010 and 2017, the PMC Holding implemented a program of production optimization, handling equipment modernization and upgrade.

    In 2016, another stevedoring company JSC Rosterminalugol became member of the PMC Holding. Following the 2016 year-end results coal volumes at Rosterminalugol terminal reached a record high of 18.1 million tonnes.

    Dedicated coal ports of the holding, Vostochny Port and Rosterminalugol, are fitted with the cutting-edge equipment for closed transshipment of coal.

    A specific feature of the holding’s activities is the search and introduction of the best technologies available to increase coal transshipment and improve environmental safety. The ports boast the world’s best equipment, unique import substitution technologies and self-engineered products.




2018 February 22

18:25 European Commission fines maritime car carriers, parts suppliers in three separate cartel settlements
18:11 Port of Gdansk expects multimilloin investments
17:51 Port of St. Petersburg bunker prices edge up (graph)
17:35 Russia’s antitrust regulator gives Transneft green light on Novorossiysk Commercial Sea Port deal
17:02 Maersk Line announces an increase in FAK rates from Far East to North Europe
16:02 The tall ship that harnesses the wind to recharge its batteries
15:29 Port of Tallinn opens passenger terminal A renovated arrivals hall
15:13 MABUX: Bunker market may continue moderate upward evolution next week
15:02 GoodBulk announces delivery of two Capesize vessels
14:40 New product tanker of RTS27M series Balt Flot 20 takes to the water at Krasnoye Sormovo Shipyard
14:02 European Commission issues decision concerning the Violation of European Antitrust Law
13:35 Vostochny Port JSC picks contractors for coal transfer stations Phase 3 project
13:32 HMM reaches over 10,000 TEU in terms of volume of its US Premium Service
13:02 Boskalis receives EUR 300 million Letter of Award for Singapore Finger Pier 3 development
12:24 Northwest Seaport Alliance container volumes decline in January
12:17 Bunker prices in Far East seaports close the week flat
12:12 Rolls-Royce to supply propellers and mission bay technology for UK Royal Navy’s Type 26 Global Combat Ship
10:41 Crude oil futures prices fell 0.81% to $64,89 in London, in New York – by 1.07% to $61,02
10:32 Waterborne freight in Ukraine rose in January by 71.7% to 300,000 tonnes
10:05 CMA CGM announces GRR from the U.A.E. to West Africa
09:18 Waterborne passenger traffic in Ukraine plummets 44.4% in January
09:13 Baltic Dry Index gains to 1146 points
09:05 Konecranes strengthens its bulk handling presence in Japan with a Model 4 mobile harbor crane
08:17 World port accelerator programme PortXL to be launched in Singapore

2018 February 21

19:06 Russia’s State Duma set to change tariff policy to lend a helping hand to inland water transport
18:07 ONE, OOCL and SACO Shipping use booking tool eBooking
17:43 Renovated Stena Line Terminal at Europoort starts operation
17:06 Project to map ocean floor by 2030 now operational
16:52 Rosterminalugol export coal terminal handles 3-millionth tonne YTD
16:22 Zelenodolsk Shipyard to host keel-laying of 11th Buyan-M class corvette, Feb. 23
15:03 Launching of RST27M Balt Flot 20 at Krasnoye Sormovo Shipyard slated for Feb. 22
14:14 NGO Shipbreaking Platform publishes list of ships dismantled worldwide in 2017
13:18 ATOMFLOT says Russia needs nine more icebreakers for the Northern Sea Route by 2025
13:01 Clarksons Platou collaborates with Maersk Line to provide shipping services in Egypt
12:43 Big Port of St. Petersburg imposes ice restrictions in the harbour effective as of March 7, 2018
12:31 Castellammare Di Stabia starts slipway works on the multipurpose amphibious unit
12:10 Rosterminalugol transferred over RUB 1.5bn of taxes to different budgets
12:01 Panama Canal hosts Cheniere Energy to discuss LNG’s Future at the waterway
11:25 MOL car carrier rescues castaways in the North Atlantic Ocean
10:53 Crude oil futures prices edge down 0.8% to $64,73 in London and 1% to $61,17 in New York
10:46 Sovcomflot and Shell ink time-charter agreements for Aframax LNG-powered duo
10:35 Vostochny Port obtains ISO 14001:2015 certificate
09:48 Port of St. Petersburg bunker prices move upward
09:26 Baltic Dry Index rises 2.76% to 1117 points

2018 February 20

18:37 Time is running out to register for the Dangerous Goods: New Requirements for Transportation Conference, March 1, 2018
18:31 Russian association of fishery businesses call to revise a 'fishing quotas per a keel' terms
18:06 AVANZA completes a successful trial with Daikin Reefer
17:38 The Maritime CIO Forume Cyprus 2018 to be held in Limassol, March 27
17:03 DNV GL issues over 50,000 electronic certificates
16:55 RIMS secured a further class approval from Korean Register of Shipping for the use of drones during surveys
16:39 Taganrog Commercial Sea Port spent $156 000 on environment protection in 2017
16:34 Wärtsilä and Maersk Drilling create a joint 25-year strategy for thruster services to increase uptime and reduce costs
16:04 Post-Brexit port health border disruption still a major concern for British ports
15:34 Goltens teams up with Yara Marine on SOx scrubbers
15:21 Taganrog Sea Commercial Port earmarked $74,4 to support social programmes in 2017
15:04 US Navy awards concept design contract to Fincantieri to evolve FREMM into FFG(X)
14:32 Port of Marseille Fos traffic up 8% in 2017
14:02 The largest vessel enters Busan Port since its opening
13:32 Carnival Fascination resumes year-round service from San Juan
13:20 Port of Kavkaz sees a 50% spike in freight volumes, to 1.98 million tonnes