• 2019 August 30 15:01

    RF Gov't published draft decree on allocation of RUB 127.58 billion to finance construction of Leader-class icebreaker

    RF Government has published its draft decree on financing of the Leader-class icebreaker construction from the federal budget resources in the amount of RUB 127.58 billion (VAT included). According to the explanatory note, State Corporation Rosatom together with ad hoc federal executive authorities and mineral developers had estimated the demand for nuclear-powered icebreakers to ensure year-round navigation on the Northern Sea Route with annual cargo flow of up to 100 million tonnes by 2030.

    According to mineral developers’ applications, new Arctic project to be become operational by 2030 will increase cargo flow on the Northern Sea Route by up to 58.7 million tonnes per year in westward direction (according to estimations of RF Ministry of Nature and RF Ministry of Transport – up to 30-35 million tonnes per year) and by up to 129 million tonnes per year in eastward direction (according to estimations of RF Ministry of Nature and RF Ministry of Transport – up to 70-80 million tonnes per year).

    70% of produced hydrocarbons is forecasted to be transported to the countries of the Asia-Pacific Region. Total demand for nuclear-powered icebreakers at the peak of transportation in the Russian Arctic after 2030 can be as high as 8 units to ensure commercial speed of cargo delivery to consumers at 10-12 knots.

    To provide icebreaker escort services to vessels of mineral developers taking into consideration the extension of service life of the existing nuclear-powered icebreakers and construction of three 60 MW multipurpose nuclear-powered icebreakers of 22220 series by Baltiysky Zavod as well as the series extension with two more units, it is necessary to build innovative nuclear-powered icebreakers of Project 10510, Leader, to build up icebreaking capacity in the eastern sector of the Arctic.

    With cargo flow in the eastern sector of the Arctic exceeding 30-50 million tonnes per year, Leader icebreaker is required to ensure year-round navigation in the eastern direction of the Northern Sea Route.

    ‎Taking into consideration, the schedule for construction and commissioning of the above-mentioned icebreakers basing on cargo flow forecasts for 2020-2030, the priority task is to begin the construction of the lead icebreaker in the series of three Leader ships.

    In view of ambitious investment projects in the Arctic zone of the Russian Federation, the demand for powerful icebreakers of Leader class is increasing. Investors of large-scale projects on production and transportation of mineral resources in the eastern part of the NSR waters make their decision taking into account availability of icebreaker escort services. Therefore, construction of the lead icebreaker of Leader class will have a positive impact on such investment projects.

    The issue of awarding the contract for construction of the Leader icebreaker has been considered by a dedicated interagency working group chaired by Deputy Prime Minister Yury Borisov. ‎Upon completion of the group’s work, Deputy Prime Minister Yury Borisov and Rosneft CEO Igor Sechin addressed RF President Vladimir Putin with a proposal on arranging the construction of the lead and two serial Leader icebreakers. In pursuance of the Presidential Order dated 11.09.2018 (No Пр-1679) RF Government issued a Decree  (27.03.2019, No 538-р) on appointing Shipbuilding Complex Zvezda as the sole contractor under the project on construction of nuclear-powered icebreaker of Project 10510, Leader.

    The facilities being currently constructed at Zvezda will let the shipyard build the Leader icebreaker. Specialists and competence of other Russian shipyards experienced in construction of nuclear-powered ships can be attracted for some works.

    FSUE Atomflot’s facilities located in Murmansk and subordinate to State Corporation Rosatom has infrastructure and competence required for operation of modern icebreakers of Leader class. If necessary, drydocking is possible at Zvezda facilities.

    Deployment of the Leader icebreaker will let increase the cargo flow by at least 10 million tonnes and ensure year-round navigation in the eastern part of the Northern Sea Route including transportation of LNG from the Yamal and Gydan peninsulas to the countries of the Asia-Pacific Region.

    That will let maintain the results achieved in pursuance of RF President’s Decree dated 7 May 2018 No 204 “On national objectives and strategic tasks of the Russian Federation development till 2024” and ensure further development after 2024.

2019 October 23

18:36 GTMaritime protects onboard cyber security in record numbers
18:02 Tokyo MOU accepted Panama as the 21st member authority
17:35 Rosmorrechflot suggests providing subsidies and privileges to ship owners using LNG
17:02 Teekay and Teekay LNG announce resolution to China LNG joint venture issues
16:52 Damen signs contract with Karachi Shipyard & Engineering Works for third ASD Tug 2009
16:43 Side event on Women in Fisheries held at Torremolinos Ministerial Conference
16:21 Average wholesale prices for М-100 HFO down to RUB 11,770 in RF spot market
16:02 Carnival Corporation, Royal Caribbean and Government of St. Lucia sign MoU
15:37 Yxney Maritime and Grieg Connect team up with the NOx Fund to build digital emissions infrastructure
15:02 Qatar Petroleum announces commencement of supply of Very Low Sulphur Fuel Oil at Ras Laffan Industrial City Port
14:56 Ships of RF Navy’s Caspian Flotilla participated in strategic command post exercise
14:14 Port of Zeebrugge posts results for Q3 2019
13:13 Abu Dhabi Ports breaks ground on new waterfront destination
12:40 Association of Legal Entities of “Trans-Caspian International Transport Route” project held General Meeting in Tbilisi
12:12 Aker Solutions targets growth in low carbon and renewable energy
11:48 Yaroslavsky Shipbuilding Plant delivered survey ship of Project 3330 built for Volga Basin
11:26 Technological infrastructure of Vostochny Port's Phase 3 highly appraised by Indian delegation
11:04 Mitsui E&S Shipbuilding deliveres a 66,000 dwt type bulk carrier to Tomaros Navigation, Liberia
10:32 ASCO held meeting with representatives of Australian and Chinese companies
10:09 The world’s largest offshore wind farm welcomes Jan De Nul’s Voltaire to the project
09:50 Russian Maritime Register of Shipping introduced a new edition of the Container Rules set
09:31 Baltic Dry Index is down to 1,806 points
09:15 Brent Crude futures price is down 0.49% to $59.41, Light Sweet Crude – down 0.83% to $54.03
09:08 CMA CGM implements Winter Surcharge on imports into St Petersburg, Ust-Luga & Bronka (Russia)
08:53 MABUX: Bunker market this morning, Oct 23
08:42 Europort 2019 launch led by shipowner summit

2019 October 22

18:09 Alfa Laval Aalborg boiler technology offers an easier path to LNG propulsion
17:53 NOVATEK issues update on Arc7 LNG tankers
17:30 Yxney Maritime and Grieg Connect team up with the NOx Fund to build digital emissions infrastructure
17:02 Total and Zhejiang Energy Group join forces to develop the growing low sulfur marine fuel market
16:48 North-Western Shipping Company carried 3.7 million tonnes of cargo in 9M’2019
16:25 Wärtsilä retrofit to reduce environmental impact of ferry operating in ecologically sensitive waters
16:02 McDermott International enters into agreement for up to $1.7 bln of new financing
15:41 Latest Damen FCS 3307 Patrol vessels for Homeland Integrated Offshore Services Limited arrive in Nigeria
15:27 Victor Chernomyrdin icebreaker successfully completed sea trials
15:02 Deltamarin signs design contracts with Merima
14:44 Pella shipyard started mooring trials for lead crab catching vessel of Project 03070
14:10 CMA CGM announces FAK rates from Asia to the Middle East Gulf
13:49 Patrol ship of RF Navy’s Black Sea Fleet left Greek port of Pylos
13:02 A.P. Møller - Mærsk A/S upgrades EBITDA expectation for 2019
12:50 Marine Recruiting Agency trained 1,344 specialists for port and construction segments in 9M’19, up 14% YoY
12:28 DP World reports 1.1% gross like-for-like volume growth in 3Q 2019
12:26 ESPO congratulates port of Barcelona, Vigo and Baku for getting EcoPorts’ environmental management standard
12:01 Cook Islands, Sao Tome and Principe accede to Cape Town Agreement, 46 declare support
11:45 MPSV12 project vessel "Bahtemir" took part in emergency response exercises in the Gulf of Finland
11:22 3rd “LNG Fleet and LNG Bunkering in Russia” conference kicks off in Moscow
11:13 Bio-based welding-gas production facility to open in the port of Amsterdam
10:44 CMA CGM announces PSS for cargo from Europe and the Mediterranean to Australia and New Zealand
10:20 BLRT Grupp’s Noblessner Homeport project wins in “Best Development Project of 2019” nomination
09:56 Poland's first training centre for port staff opened at the Port of Gdansk
09:33 Brent Crude futures price is down 0.22% to $58.83, Light Sweet Crude – fell by 0.26% to $53.37
09:18 Baltic Dry Index is down to 1,846 points
08:31 MABUX: Bunker Market this morning, Oct 22

2019 October 21

18:25 Navios Acquisition announces $15 mln offering of common stock
18:02 Temasek subsidiary plans to acquire 30.55% of shares in Keppel
17:50 Two LNG-powered Sovcomflot tankers successfully completed voyages along Northern Sea Route
17:36 Anglo-Eastern signs Cyber MOU with Naval Dome
17:13 Guard ship "Yaroslav Mudry" of RF Navy’s Baltic Fleet made business call in Limassol
17:05 Blockchain and DNA-based marine fuels tracking solution BunkerTrace goes live
17:02 Castor Maritime announces vessel acquisition