• 2019 May 23 12:19

    FESCO and Russian Railways launch transit service for delivery of goods from Japan to Europe through Russia

    FESCO Transportation Group and JSC RZD Logistics, subsidiary of JSC Russian Railways, launch the “Trans-Siberian Landbridge”, a joint transit service for express delivery of goods from Japan to Europe through the Russian Far East by the Trans-Siberian railway. According to FESCO’s press release, on May 23, 2019, the test container was dispatched from the port of Yokohama in the presence of Alexander Misharin, First Deputy CEO of JSC Russian Railways.

    The intermodal chain of the “Trans-Siberian Landbridge” covers Japanese ports – the Commercial Port of Vladivostok – the Trans-Siberian railway – Brest – points of destination in Europe. The total delivery time is from 19 days depending on port of dispatch, while the sea transportation through the Suez Canal takes about 45 days. The test container with non-hazardous chemical products shipped from the port of Yokohama to Wroclaw, Poland, is to arrive in mid-June.

    In the frame of the joint service FESCO provides sea delivery, port handling and container fleet, and RZD Logistics is responsible for the organization of railway transportation.The test shipment allows the parties to work out the transportation technology in order to make the service available to customers in June 2019, and subsequently organize the return transportation from Europe to Japan. It is expected that the “Trans-Siberian Landbridge” will serve for transportation of car components and consumer goods to Europe.

    "With this project we open a new page of cooperation with the Japanese business, offering advanced and competitive transportation products. We’ve agreed with the Ministry of Transport of Japan to jointly develop multimodal transportation through the Far Eastern ports of Russia and the Trans-Siberian railway. Over the past 5 years, Russian Railways has invested more than 5 billion dollars in the development of railways in the East of Russia. Transportation volume along this route has increased by more than a third. We see a great potential in cooperation with our Japanese colleagues and the created infrastructure will be used for transportation of goods from Japan," said Alexander Misharin.

    "Today, all cargo traffic of 3 million TEU per year between Japan and Europe goes through the Suez Canal. In cooperation with colleagues from Russian Railways, we can offer our customers a faster and more efficient transportation service along the Trans-Siberian railway. Attracting transit cargo to the Russian infrastructure meets both national strategic objectives and objective economic interests of market participants. I'm sure that the “Trans-Siberian Landbridge” will be in demand with Japanese partners and will strengthen and expand our mutually beneficial cooperation," said Alexander Isurin, President of FESCO.

    "As a company responsible for the development of international transit at the Russian Railways Holding, we have accumulated a unique scope of competences in this area and are now ready to offer them to Japanese partners interested in the quality delivery of goods to Europe. Our experience in transportation through international transport corridors with India, China, Vietnam and Korea shows that modern shippers are looking for the high delivery speed and multimodal chains. The synergy of requests from Japanese and European businesses and combined capacities of our three companies led to the creation of Trans-Siberian Landbridge and is the key to the successful development of this new service," said Vyacheslav Valentik, General Director of RZD Logistics.




2019 June 25

18:06 VARD orders seawater cooling for newbuild cable layer
17:34 ABP Humber Estuary Services (HES) purchased new £600,000 survey vessel
17:06 Q-Flex vessel sets delivery benchmark in Turkey
16:28 Awilco LNG posts vessel and contract update
16:22 Zhatai Shipyard to be provided with RUB 4.1 billion of budget investments in 2019–2021
15:59 Maersk introduces Maersk Spot, a new fully online product that simplifies the buying process for customers
15:15 NCSP Group announced decisions made at annual general shareholders' meeting
14:51 IMO: committed to implementation
14:20 ABP King’s Lynn investment attracts new construction industry customer
13:37 MAN B&W dual-fuel engines pass half-million hour milestone
12:59 ECSA celebrates the Day of the Seafarer
12:47 Bunker market sees mixed price movements at the Far East ports of Russia (graph)
11:58 Fuel technologies in the spotlight at ABS Hellenic Technical Committee
11:39 Dickson obtains status of international port
10:58 MEYER WERFT hands over Spirit of Discovery to the British cruise line Saga Cruises
10:42 Concordia Damen ships 18 hulls from Shanghai to Rotterdam
10:24 Gender equality is the theme of Day of the Seafarer 2019
10:03 Brent Crude futures price is down 0.81% to $63.66, Light Sweet Crude – down 0.88% to $57.39
09:46 MABUX: Bunker market this morning, June 25
09:16 Baltic Dry Index is up to 1,258 points

2019 June 24

18:05 Training Montenegro to combat oil spills
17:50 Four cruise ships visit the Port of Riga at the same time
17:27 Finnish Government proposes supplementary appropriation of EUR 40 million for basic infrastructure management
17:05 Austal delivers third guardian class patrol boat to the Australian Department of Defence
16:47 Incat Crowther announces contract to design a 65m catamaran passenger ferry
16:46 Construction and operation of dual-fuel ships has low economic efficiency – USC President
16:45 Maersk Drilling completes sale of jack-up Mærsk Giant
16:24 USC set to build floating electricity-generating facilities running on LNG supplied by bunkering ships
16:03 Van Oord and Mammoet enter into cooperation with scale-up Verton
15:45 United Shipbuilding Corporation to launch the first LNG-powered ferry for Ust-Luga – Baltijsk line in late July
15:30 United Shipbuilding Corporation establishes USC-Propulsion and USC-Interior subdivisions
15:03 MOL signs deal on a long-term charter contract to utilize "MOL FSRU Challenger" for Hong Kong Offshore LNG Terminal Project
14:42 New USC Vice-President, Civil Shipbuilding, to get into office on 10 July 2019
14:21 USC expects its Astrakhan cluster to build 12 river-sea class ships per year
14:03 Yang Ming announces new China-Thailand direct service
13:37 Port of Rotterdam Authority to collaborate with four new companies
13:25 Igor Vasilyev appointed as Acting General Director of FTI Rostransmodernizatsiya
13:02 ARIES gained ABS Certification: Middle East 1 st Remote Inspection Techniques specialist
12:20 BC Ferries releases year-end results
12:10 Keel laid for the first of Damen’s revolutionary new FCS 7011 Crew Change
11:56 Average wholesale prices for М-100 HFO down to RUB 15,377 in RF spot market
11:29 FESCO to launch new container train to China via Far East overland route
10:58 Southern Center of Shipbuilding and Ship Repair acquired property of Krasniye Barrikady plant
10:35 Satti floating drilling unit owned by Kazmortransflot delivered to Azerbaijan
10:13 Throughput of Chinese ports grew by 4.1% to 5.5 billion tonnes in Jan-May’2019
09:53 MABUX: Bunker Market this morning June, 24
09:52 Brent Crude futures price is up 0.4% to $64.71, Light Sweet Crude – up 0.68% to $57.82
09:34 Container throughput of port Hong Kong (China) down 7.7% to 7.55 million TEUs in Jan-May’2019
09:17 Baltic Dry Index is up to 1,239 points

2019 June 23

16:29 INPEX submits revised plan of development for Abadi LNG Project
15:13 Oceanwide Expeditions: Hondius sister ship m/v Janssonius ordered for 2021
14:19 CMA CGM announces FAK rates on Asia - Pakistan, India and Sri Lanka service
13:46 Coast Guard rescues five from capsized boat in Chesapeake Bay
12:43 Danske Commodities signs 20-year PPA with Hywind Scotland wind farm
10:29 TMC sets up office to support Chinese yards

2019 June 22

15:24 AAPA selects Christopher Connor as its new CEO
12:37 TMC contracted by VARD to supply marine compressors for Viking Cruises' vessels
11:23 ABS to class first ‘tri-fueled’ vessel for Harvey Gulf
10:13 Port of Oakland steps up as ships carry bigger loads than ever
10:05 Coast Guard responds to barge aground in Naknek, Alaska