• 2018 February 21 12:10

    Rosterminalugol transferred over RUB 1.5bn of taxes to different budgets

    Rosterminalugol JSC (member of Port Management Company Group), the largest dedicated state-of-the-art coal terminal in the European part of Russia in 2017 transferred to the budgets of all levels more than RUB 1.5 billion, the stevedoring company said in a press release.

    In the reporting period the coal terminal operator transferred RUB 343 million to the federal budget, RUB 1.16 billion to the budget of the Leningrad region and RUB 24.6 million to the budget of St. Petersburg.

    “Rosterminalugol is among largest taxpayers in the Leningrad Region contributing to the solution of the most urgent problems requiring financing from budgets of different levels," the release says.

    In addition, the company implements a number of social projects in the region, financing sports and youth organizations. In 2017, Port Management Company Holding and its member Rosterminalugol transferred more than 17 million rubles for charity, sponsorship and relief projects launched for residents of Kingisepp and the region.

    Port Management Company and Rostermanolugol in 2017 assigned more than RUB 26 million for social benefits of employees and members of their families. The company’s social responsibility policy ensure long-term sustainable development of the coal terminal.

    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 and Latin America. The terminal was founded in 1996 under the programme on establishment of a commercial seaport in Ust-Luga. Phase II of the port – automated transshipment facility – was put into operation in 2006 in the presence of Russian President Vladimir Putin. In 2016, Rosterminalugol entered the holding run by Port Management Company LLC.

    In 2017, coal throughput of Rosterminalugol grew by 38%, year-on-year, to a record high of 25 million tonnes (over 60% of coal exports through the ports of Russia’s Baltic Basin). In 2016, Port Management Company LLC launched the project the terminal expansion and modernization. In the recent five years the terminal exported 80 million tonnes of coal, which is an absolute record among the ports of Russia’s North-West region. On 24 June 2017, the coal port handled its largest bulk carrier ever – Navios Pollux (Capesize, DWT – 180,000 tonnes, LOA - 282 m, Beam – 45 m).

    The coal port three-phased development and expansion project ensures a complete cycle of operations including automatic unloading, treatment and magnetic cleaning, storage and loading onto seagoing ships including Panamax and Capsize bulk cargo carriers, customs and shipping paperwork. Environmental safety at the port is ensured by state-of-the-art dust suppression and storm water control systems. In 2016, Rosterminalugol celebrated its 20th anniversary.

    Automation of all operations at Rosterminalugol terminal exceeds 98%.

    Port Management Company LLC founded in 2008. 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). In 2017, total coal throughput of the holding's stevedoring companies reached 48.2 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.
    Dedicated coal ports of the holding, Vostochny Port and Rosterminalugol, are fitted with the cutting-edge equipment for indoor transshipment of coal. The Holding is focused on the search and introduction of the best technologies available to increase coal transshipment and improve environmental safety. The coal ports boast the world’s best equipment, unique import substitution technologies and in-house designed products.

2018 March 22

18:18 Global fuel market to remain relatively stable next week, expert says
18:03 Port of Klaipeda (Lithuania) handled 7.25 million tonnes of cargo in 2M'18, up 6% Y-o-Y
17:45 Transas to return all funds received under state support programme in 2016-18
17:12 Germany based firm offers AIS vessel management tracking systems preventing IUU fishing
16:51 Investments of Tuapse Sea Commercial Port in production development totaled RUB 343 million in 2017
16:30 Rolls-Royce completes the £1.3 million MAXCMAS research project
15:59 Nitrogen deposition in the oceans needs further study
15:30 Acta Marine newbuild successfully completed sea trials
14:30 APL starts new India Pakistan Express 2 Service
14:04 RF Transport Ministry defines procedure for approval of widespread minerals production at Russia’s IWWs
13:33 Open simulation platform launches with new partners
13:12 Volga Shipping Company named “Industry Leader” in “Cargo Shipping Company” nomination
12:58 Wärtsilä Seals & Bearings joins the Green Award scheme in support of clean environment
12:48 WMU Board of Governors meets in Turkey
12:25 MAN Diesel & Turbo partners with Hyundai to build new test-engine facility in Ulsan
12:00 Workshop on prevention and control of shipping and port air emissions being developed as part of GloMEEP-IAPH partnership
11:36 19 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on March 21-22
11:21 Russian Trade and Economic Development Council sign MoU to further strengthen commercial ties with Abu Dhabi Ports
11:14 Bunker prices are flat at the Far East ports of Russia (graph)
10:53 The Maritime Standard announces a special discount for the 2018 Awards
10:27 Brent Crude futures price up 0.01% to $69.48, Light Sweet Crude – up 0.09% to $65.23
10:05 Ukraine’s water transport carried 1,000 passengers in 2M’18, down 64.7%, Y-o-Y
09:41 Cargo transportation by Ukraine’s water transport grew by 41.2% to 0.3 million tonnes in 2M’18
09:19 Baltic Dry Index down to 1,117 points

2018 March 21

18:29 Wight Shipyard wins second order for fast ferry duo from Mexican ferry operator
18:16 Dorian LPG announces third Japanese financing
18:14 GasLog Partners LP announces acquisition of GasLog Gibraltar for $207 million and repayment of intercompany loan
18:04 ABP South Wales achieves new ISO 9001:2016 standard for bulk handling operations
17:42 Port of Gdansk to breathe new life into Dworzec Drzewny Quay
17:20 ABB wins contract to equip two next-generation shuttle tankers with future-proof solutions
17:13 Finnlines decides to exercise the options to lengthen two more ro-ro vessels
17:03 Throughput of Chinese ports up 4.7% to 1.45 billion tonnes in 2M’18
16:39 Pavel Bezmaternykh elected as Director of Eastern-Siberian Inland Navigation Company
16:18 Port of Gdansk overhauls its quays
16:00 Novikombank provides a $100 million loan to STLC
15:47 Huntington Ingalls names two vice presidents
15:21 Gulf Island Fabrication secures contracts for two specialized vessels
15:04 Seatrade Maritime Middle East 2018 to be held in Dubai on 29-31 October as part of UAE Maritime Week
14:42 LUKOIL’s profit in 2017 more than doubled YoY to RUB 418.8 bln
14:23 Wärtsilä and Crowley extend maintenance agreement for 11 articulated tug barges
13:56 IMO launches a video outlining how GMN initiative is uniting MTCCs into a global network
13:29 Ulstein built SOV Acta Auriga completes sea trials
13:11 Dubai will host MARACAD Maritime Innovation Awards on 3 October 2018
13:02 MARACAD 2018 will be held in Dubai on 2-3 October
12:30 17 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on March 20-21
12:09 Port of Quebec to cooperate with Port of Zeebrugge
11:47 Port of Immingham and partners hosted Driving Safety Forward forum
11:39 Vostochny Port JSC exported 5 million tonnes of coal YTD (photo)
10:50 Claimants and defendants in the case on allision of Delta Pioneer tanker with a pier at Primorsk port come to amicable agreement
10:31 Finnlines plans to lengthen two more Ro-Ro ships
10:15 Brent Crude futures price up 0.24% to $67.58, Light Sweet Crude – up 0.25% to $63.7
09:51 ABP's Port of Ayr took delivery of Liebherr crane
09:44 Bunker prices are going up at the Port of Saint-Petersburg, Russia (graph)
09:17 Baltic Dry Index down to 1,122 points
08:08 Scottish ports secure AEO status for Leith, Rosyth and Grangemouth
00:32 Ontario Government accepts Damen proposal for full ferry electrification

2018 March 20

18:20 Sirius Petroleum announces delivery of compact well head systems for Ororo-4 and Ororo-5
18:02 Leningrad Region Governor visits Vyborg Shipyard
17:56 PSA’s Bharat Mumbai Container Terminals enhances Nhava Sheva connectivity with first barge and train volumes
17:40 Van Oord posts results for 2017