• 2018 April 28 10:46

    North-Western Shipping Company carried 1.2 million tonnes of cargo in QI’2018, down 8% Y-o-Y

    In QI’2018, vessels of North-Western Shipping Company (NWSC, a company of UCL Holding) carried 1.2 million tonnes of cargo, which is a 8% decrease versus the same period in 2017.

    New vessels of NWSC – 10 vessels of Project DCV36 (lead ship – “Amethyst”) and 7 vessels of Project RSD49 “Neva-Leader” – carried about 0.36 million tonnes (30% of the total volume).

    In the reporting period, NWSC vessels carried 0.5 million tonnes of grain (+43%), 0.2 million tonnes of ferrous metal (-17%), 0.19 million tonnes of chemical and mineral fertilizers (-16%), 0.14 million tonnes of coal (-44%), 0.04 million tonnes of non-ferrous metal (-20%), 0.05 million tonnes of timber (+51%) and 0.08 million tonnes of other cargoes.

    The growth of timber shipments was driven by the increased consumption of this product by wood processing companies in Scandinavia. The surge of grain shipments should be attributed to partial shifting of the fleet to this segment amid favorable market situation and higher yield of 2017. That caused the decrease in other segments of transportation but general impact on the company’s economic performance was positive. The company’s revenues from chartering activities totaled RUB 1.65 billion versus RUB 1.49 billion in QI’2017. 

    Export cargo (mostly grain, ferrous and non-ferrous metal, coal, chemical and mineral fertilizers) made the bulk of shipments – some 0.86 million tonnes, or 72% of the total volume, and showed a decrease of 10%.

    Transportation between foreign ports totaled 0.34 million tonnes (28% of the total volume) and decreased by 3%.

    Transportation of import cargo making 1.6% of the total volume dropped by 33% to 0.02 million tonnes amid general decrease of imports to Russia from European countries.

    Domestic shipments in the reporting period were little if any.

    Approximately 1.9 million tons (which equals to 33% of the shipping overall) was conducted by the new vessels of NWSC – 10 vessels of DCV36 project (lead ship – “Amethyst”) and 7 vessels of RSD49 “Neva-Leader” project.

    North-Western Shipping Company, is the largest carrier in the Russian system of waterways, specializing on the export and import shipping of bulk, general and project cargoes, towages of oversized cargo and crafts. The company provides a full range of transport services on the inland waterways of Russia and international sea traffic. The company operates a fleet of 47 river/sea class vessels, 10 sea class vessels and 3 Ro-Ro «river-sea» barges. Total deadweight of the Company's fleet is 288,000 tonnes. About 70% of the fleet was built between 2002 and 2013. Average age of the company’s fleet is 17.5 y.o. The company transports about 5 mln t of cargo per year.

    NWSC is part of VBTH, a shipping division of the international transport group UCL Holding that consolidates several Russian shipping, railway, stevedore and logistics companies. The division also comprises Volga Shipping Company, V.F.Tanker and a number of shipbuilding assets.




2019 January 21

21:25 Nine dead in two ships fire accident in the Kerch Strait
18:15 Port of Oakland hails shipping lines, terminal for clean air work
17:36 Evac acquires of UK service company Transvac
17:06 High Speed Transfers signs contract for third Damen FCS 2710 fast crew supplier
16:35 DFDS starts trials of Jinling Shipyard’s newbuild
16:05 Prototype most powerful wind turbine in the world Haliade-X 12 MW installed at Maasvlakte this summer
15:36 Incentive Scheme Climate-Friendly Shipping launched today
15:29 Yang Ming provides new China-Malaysia direct service
14:55 Szczecin-Świnoujście Port Complex handled over 28.6 million tonnes of cargo in 2018, up 12.5% Y-o-Y
14:33 Incat to build a new ship for the Government of Trinidad and Tobago
14:03 CMA CGM joins to the world’s largest operational agreement extention
13:27 Algoma receives full refund for shipbuilding contracts with Uljanik and 3Maj Shipyard
13:13 ESL Shipping strengthens its Chartering team
12:46 Leonid Mashaev appointed as Acting General Director of “State Customer’s Directorate for Seaborne Transport Development Programmes”
12:18 Average wholesale prices for М-100 HFO up to RUB 14,769 in RF spot market
11:49 Dublin Port’s сargo volumes up by 4.3% in 2018
11:22 FESCO and ZIH launching a container train from Germany to China through the Far East
10:55 14 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 20-21
10:27 TransContainer announced its preliminary operating results for the fourth quarter and the full year of 2018
10:04 Brent Crude futures price up 0.41% to $62.94, Light Sweet Crude – up 0.43% to $54.28
09:40 Throughput of port Kaliningrad in 2018 grew by 2% Y-o-Y to 14.05 million tonnes
09:19 Baltic Dry Index is up to 1,112 points

2019 January 20

16:08 Subsea 7 acquires multi-purpose offshore construction and dive support vessel
15:03 TEPCO and Ørsted sign MoU to work jointly on offshore wind projects
13:51 Major contract for JSS awarded to Montreal-based company
12:42 Huntington Ingalls Industries to acquire Fulcrum IT Services
10:47 Algoma provides update on status of fleet renewal

2019 January 19

16:19 Ocean Yield acquires Suezmax tanker Milos for $56.0 million
15:16 Evac expansion continues with acquisition of UK service company Transvac Systems
14:02 Deltamarin contracted to continue with Titanic II project
12:51 SGRE launches 10 MW offshore wind turbine
11:44 Algoma increases its interest in the ocean self-unloader Pool

2019 January 18

18:06 North Carolina Ports sets new record in 2018
17:47 Freight turnover of Neva-Metal (Saint-Petersburg) in 2018 climbed by 3% Y-o-Y to about 3.2 million tonnes
17:25 Okskaya Sudoverf obtains patent for state-of-the-art pontoons
17:06 Hamburg prepares for ‘Hard Brexit’
16:44 Throughput of port Primorsk in 2018 fell by 7% Y-o-Y to 53.48 million tonnes
16:23 GTT receives a new order from SHI to design the tanks of two LNG carriers on behalf of Gaslog
16:20 NOVATEK elects new Board of Directors
15:56 Throughput of port Vyborg in 2018 grew by 25% Y-o-Y to 1.93 million tonnes
15:33 Stena Line’s first new generation ferry ‘floats’ in China
15:21 Bunker sales at the port of Singapore in 2018 fell by 1.7% Y-o-Y to 49.8 million tonnes
15:03 Panama Direct service CMA CGM to resume weekly rotations
14:47 Throughput of port Vysotsk in 2018 climbed by 7% Y-o-Y to 18.79 million tonnes
14:33 GranIHC appointed contractor for Equinor’s Peregrino Phase II Project
14:19 Port of Ust-Luga handled 98.72 million tonnes in 2018, down 4% Y-o-Y
14:03 Algoma Central Corporation increases its interest in ocean self-unloader Pool
13:50 18 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 17-18
13:35 Throughput of the Port of St. Petersburg in 2018 up 11% Y-o-Y to 59.32 million tonnes
13:18 CMA CGM unites its Containerships and MacAndrews brands
13:11 Vladimir Putin supports Government’s proposal on expanding Far East Ministry’s functions with Arctic issues
12:49 Throughput of port Kavkaz in 2018 grew by 11% Y-o-Y to 49.276 million tonnes
12:26 MV Werften purchases Neptun Ship Design
12:08 Sakaide shipyard holds naming ceremony for new LNG carrier jointly owned by NYK and JERA
11:38 PGNiG SA signs agreement for oil and gas exploration and production in UAE
11:14 Remote pilotage to be allowed in Finland
10:47 Free zone status is a crucial advantage for the future development of the Freeport of Riga
10:06 Ice restrictions at the port of Ust-Luga come into effect on January 31
09:42 Brent Crude futures price up 0.9% to $61.73, Light Sweet Crude – up 1.09% to $52.64
09:20 Baltic Dry Index is up to 1,077 points