2022 February 16
The demand for dredging ships in 2025-2030 is estimated at 62 units, one fifth of the fleet currently run by administrations of inland water ways. Shipbuilders have already contracted the first series of dredgers scheduled for delivery up 2024. However, the demand is created by both state bodies and pipeline companies. According to IAA PortNews sources, dredgers and barges are needed for Giprotruboprovod JSC
2022 February 14
Arctic express: a marketplace offering food for crews is now available in the Far North ports
Murmansk based company Union Service has launched Russia’s first ship chandler services on express supply of products for crews of ships. Marketplace Unimarine.store operating from the end of 2021 offers a simplified delivery of products to the ports of Russia’s Far North. The company estimates its market in Russia at about RUB 30 billion per year.
2022 February 10
Cruise along the Concept
RF Government has approved the Concept for Development of Cruise Tourism in Russia until 2024. However, its implementation is associated with some problems including the need for modernization and construction of ships as well as lifting of excessive requirements on infrastructure.
2022 February 4
Rosmorport curtails its development programme
FSUE Rosmorport’s Long-term Development Programme (LDP) until 2030 has been revised following the related discussion with the Consumer Council. In the near time it can be forwarded to the Government of the Russian Federation. In 2022-2024, FSUE Rosmorport will invest over RUB 15 billion of revenues from investment dues collected from the beginning of 2021 in construction and reconstruction of sea terminals.
2022 February 1
Russia gets less dependent on foreign ports
In 2021, the share of Russia’s foreign trade cargo handled in the ports of Baltic states, Finland and Ukraine decreased by 0.61% to 3.22%. Nevertheless, some segments, namely grain and metal, saw an increase. About one third of ore and mineral fertilizers still goes via foreign ports. Coal exports via the ports of Finland increased.
2022 January 28
Dredging and cleaning of Saint-Petersburg waterways
In 2022, Saint-Petersburg Committee of Natural Resources, Environment and Ecological Safety will announce tenders for an unprecedented amount of about 1 RUB billion for dredging and cleaning of the city waterways. The key contractor in this segment is SUE Ecostroy subordinate to the City Administration. Private market players say such tenders usually imply no competition.
2022 January 25
Prospects of dry bulk cargo shipments
Following the surge in autumn 2021, bulker freight rates showed a steep fall. The economic situation in China and the Omicron variant expansion will be the key factors affecting the dry bulk cargo market. At the same time, some bulkers can be deployed for container transportation amid the logistics crisis.
2022 January 20
Third attempt of Severnaya Verf to get new shipbuilding facility
USC's Severnaya Verf cancelled its agreement with yet another company contracted for modernization of the shipyard planned for implementation back in 2015 and valued at RUB 7.8 billion. Both contractors failed to meet the deadlines and now the shipbuilding company expects its facility to be put into operation in 2022 and take over part of the production load from the existing facilities.
2022 January 18
Energy transition via ports
The agenda of energy transition and reduction of carbon footprint can bring up new port, logistics and shipbuilding projects in Russia with a focus on hydrogen exports, carbon capture and storage as well as using hydrogen for shipping.
2022 January 13
Onboard hydrogen production
АВВ Group working on a methanol-hydrogen fuel cell engine will supply an electric propulsion system with transformers and integrated fuel cells and batteries for Hydrogen One, the world’s first towboat powered by this type of fuel. Leasing company Maritime Partners expects it to ensure a higher sustainability and reliability of its fleet of towboats.
2022 May 23
Learning from mistakes – VSM calls for reduction of dependence on China
German Shipowners have placed newbuilding orders worth 4 billion euros. 55 per cent of them went to China and 44per cent to Korea...Learning from mistakes – VSM calls for reduction of dependence on China
2022 May 18
Korean shipbuilders witness LNG carrier order surge
South Korean shipbuilders Korea Shipbuilding & Offshore Engineering and Samsung Heavy Industries have won orders for a total of seven new LNG carriers...Korean shipbuilders witness LNG carrier order surge
2022 May 11
Swiss court suspends bankruptcy of Nord Stream 2 AG until September 2022
...by the request of Nord Stream 2 AG, the court in Zug, granted a temporary moratorium on the payment of loans for four months to the company...Swiss court suspends bankruptcy of Nord Stream 2 AG until September 2022
2022 May 5
Demolition market devoid of ships
Increasing Covid-19 outbreaks in China is stalling their domestic steel demand recovery further during what is typically a peak period for steel consumption...Demolition market devoid of ships
Sanctions force massive Sovcomflot tanker sale
Up to a third of Sovcomflot’s owned fleet is up for grabs as the Russian state tanker giant looks to repay outstanding western loans before restrictions take effect...Sanctions force massive Sovcomflot tanker sale
2022 May 4
Startups apply artificial intelligence to supply chain disruptions
Over the last two years in response to a series of unexpected events, a growing group of startups and established logistics firms has created a multi-billion dollar industry applying the latest technology to help businesses minimize the disruptionStartups apply artificial intelligence to supply chain disruptions