• 2015 June 16 11:22

    Primorsky Krai lawmakers back bill on Free Port of Vladivostok

    The Legislative Assembly of Primorsky Krai at a meeting of the Committee on Economic Policy and Property on June 16 unanimously approved the bill on the creation of the Free Port, the regional administration press office said.

    The document was submitted to the legislative body of Primorsky Krai before consideration of the bill in three readings by the Russian State Duma.

    The regional MPs also supported the draft federal law on amendments to some legislative acts necessary for the adoption of the law.

    The Committee Chairman Alexander Kostenko commented: "I look at this bill as an option for the development of business opportunities in the Primorsky Territory, improving the investment environment and fiscal policy in the region. I strongly hope, as the lawmakers have assured me, that they are going to approve the bill".

    The proposal to give the status of the Free Port of Vladivostok with an attractive, easy customs regime was announced by Russian President Vladimir Putin in his annual Presidential Address to the Federal Assembly in December 2014. In April this year the President also drew attention to the need to expedite the appropriate amendments to the legislation.

    The Free Port of Vladivostok involves the introduction of a simplified visa regime, the creation of a free customs zone. Some special conditions are expected to be established for the operation of educational and health institutions, as well as of a number of enterprises, including fishing companies. Another important innovation is that all the audits of residents both planned, and unscheduled, should be carried out only in a special manner in coordination with relevant agencies.

    The State Duma of the Russian Federation on June 19, 2015 will consider the draft law "On the Free Port of Vladivostok" in first reading. According to the law drafters, the adoption and implementation of the bill on the establishment of the Free Port will help increase the gross regional product of Primorsky Krai by 1.7 times on 2015 figures to RUB 1.106 trillion by 2021, by 2025 – to RUB 1.402 trillion (an increase of 2.2 times), by 2034 - 2,157 trillion rubles (3.4 times from 2015). GRP growth of Primorsky Krai will be 470.1 billion rubles in 2021, 766.2 billion rubles - in 2025, 1.521 trillion rubles - by 2034. Besides, the port will help create news jobs – 84,700 by 2021, 108,000 - in 2025, and at least 468,500 jobs in 2034. As a result of the project, GRP of the Far Eastern Federal District is expected to soar 34% to RUB 1,97 trillion in 2025.

2021 June 14

17:46 Fincantieri and MSC celebrate the start of construction of “Explora I”,
15:52 ABS and 22 industry players to study ammonia as an alternative marine fuel
15:18 ICS Guidance for Ship Operators and Roadmap for vaccination of seafarers
14:09 Bollinger submits proposal for U.S. Coast Guard Heritage-class offshore patrol cutter
13:19 Genco to jointly study ammonia as an alternative marine fuel
12:31 Wärtsilä brings Power-to-X technology to World Expo
11:57 Trafigura joins cross industry study into the adoption of green ammonia as an alternative marine fuel
11:24 DFDS: Freight up 31% following lockdowns in 2020
10:32 SEACOR Marine announces debt payoff agreement
09:47 Kick off “Joint Study” framework for studying ammonia as an alternative marine fuel
09:13 MABUX: bunker indexes may change irregularly on June 14

2021 June 13

15:31 Petrobras signs contract for the supply of eighth Búzios unit
14:18 Lyon Shipyard to invest $24.4 million to expand its operation in the City of Norfolk
13:29 Shearwater GeoServices recycles Western Trident as part of its fleet renewal strategy
12:41 MCA to carry out unannounced inspections of fishing vessels
11:42 The 126-passenger expedition cruise vessel National Geographic Resolution hits the water
10:56 Saipem: Inauguration of Saipem Guyana offshore construction facility in Georgetown

2021 June 12

16:09 Fred. Olsen Cruise Lines unveils brand new sailings aboard new ships Bolette and Borealis in 2022
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13:19 Belfast Harbour awards £25,000 to community projects
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11:38 AIDA Cruises resumes holiday voyages from July 29, 2021
10:52 OptiLink: A digital revolution in ballast water management

2021 June 11

18:07 LNG consumption as a marine fuel has almost doubled in 2020
17:31 Hapag-Lloyd to provide full transparency on vessel arrivals
17:09 MOL joins international think tank and accelerate development for carbon capture, utilization and storage
16:58 GTT obtains tank design order for two new LNG carriers from Samsung Heavy Industries
16:52 Shipping industry welcomes Nigeria’s creation of ‘Deep Blue’ to stamp out piracy in the Gulf of Guinea
16:24 Stena Line will move its Europoort-Killingholme service to Immingham
16:00 Yantar shipyard to build rescue ship of Project MPSV06M for Marine Recue Service
15:36 Sea Port of Saint-Petersburg hosts introductory practical training for students
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14:25 Seanergy takes delivery of two Capesize vessels with prompt commencement of period charters
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12:14 CNES and CMA CGM sign unique partnership agreement to spawn innovative solutions for shipping, logistics and the space industry
12:01 APM Terminals continues roll-out of digital export processing at Russian terminals
11:57 Russian Railways: Loading of export cargo bound for domestic ports grew by 8% in 5M’21
11:34 RS and GTT sign new cooperation agreement
11:33 Xeneta selects CLIVE Data Services’ ‘dynamic loadfactor’ data and analyses to deliver complete air cargo market intelligence
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10:29 Rosneft agrees heads of terms to sell a stake in the Vostok Oil Project to a consortium of Vitol and Mercantile & Maritime
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09:52 Throughput of Russian seaports in 5M’2021 fell by 2.7% Y-o-Y
09:40 Oil prices continue decreasing
09:23 Baltic Dry Index as of June 10
09:16 MABUX: Global bunker prices may rise slightly on June 11.
09:04 The port of Rotterdam Authority intends to build brand new port information centre
08:02 Rolls-Royce to showcase future South Korean naval power and propulsion

2021 June 10

18:45 Equinor sells its refining business in Denmark to Klesch
18:25 Rolls-Royce builds new fuel cell demonstrator to ensure electricity supplies
18:05 DNV predicts that marine finfish production in deeper waters offshore will take a 13% market share in 2050
18:00 Comprehensive programme on development of Yamal resource potential to be developed by October 2021
17:51 Contract awards for PSVs in UK