• 2020 November 23 18:00

    RF Government is set to reorganize the structure of development institutions

    There will be four directions of the optimization

    Prime Minister Mikhail Mishustin announced optimization of development institutions when speaking at the meeting with Deputy Prime Ministers today, 23 November 2020, says press center of RF Government.

    “We have analyzed the activities of the key development institutions. As of today, there are 40 of them ... However, new challenges have emerged in the recent years that require substantial adjustment of their work and future plans. Our analysis showed that the activities of those institutions are poorly connected with new national development targets. There are no single management mechanisms and there is a considerable overlapping of functions with federal executive bodies and commercial organizations”, said the Prime Minister.

    Therefore, it was decided to conduct optimization and there will be four directions of it, said Mikhail Mishustin.

    This reorganization will obviously affect implementation of projects in the water transport sector, shipbuilding and the related infrastructure.

    “There is an idea to consolidate some development institutions through integration of the ones with the same functions. Two leasing companies, STLC and VEB-Leasing, will be consolidated into a Unified Leasing Company,” said Mikhail Mishustin.

    As major shipbuilding and shipping industries’ stakeholders told IAA PortNews, there are three financial institutions which are the most active investors in construction of new ships – STLC, Mashpromleasing (a captive company of USC) and VEB-Leasing. According to them, with USC and VEB-Leasing being under sanctions, the new financial structure will run the risk of falling under the sanctions as well.

    Besides, the functions will be redistributed with the liquidation of eight development institutions including three ones engaged in the Far East development:  the Development Foundation for the Far East and the Arctic, the Human Capital Development Agency in the Far East and the Arctic, and the Far East Investment and Export Agency. Their functions will be redistributed among VEB.RF and federal executive authorities.

    The reform will strengthen the status of Rosatom and the Far East Development Corporation since they are on the list of strategically important organizations.


2021 January 25

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2021 January 24

16:37 Boluda Towage acquires Dutch Towage & Salvage Company Iskes
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13:42 Contract awards within Renewable Energy and Subsea
12:32 RightShip and INTERCARGO announce important new quality standard for dry bulk sector to be governed by new NGO
11:26 V.Group announces new appointment
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2021 January 23

16:31 DNV GL awards AIP to KSOE for wing sail propulsion system
15:23 Boomsma Shipping installs and sails off with two eConowind Flatrack VentiFoils
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12:42 Puerto Aguadulce hits 1 million TEU milestone
11:36 Diana Shipping announces time charter contract for M/V Calipso with Viterra
10:53 Bahri Ship Management receives ISO 45001 certification for occupational health and safety

2021 January 22

18:00 Rosmorport's icebreaker Mudyug starts providing icebreaking assistance in the Baltic Sea
17:36 Andrey Lavrishchev appointed as head of Federal Marine and River Transport Agency
17:13 Aleksandr Poshivay appointed as Deputy Minister of Transport of the Russian Federation
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16:05 APM Terminals Gothenburg offers certified climate impact calculations to customers
15:49 Sredne-Nevsky Shipyard commences outfitting of yet another minesweeper of Project 12700, Pyotr Ilyichov
15:21 Norsepower installs first tiltable Rotor Sails on Sea-Cargo Ro-Ro
14:58 Container terminal in Świnoujście is in line with sustainable development vision
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14:07 Petersburg Oil Terminal in 2020 increased shipments of oil products by 16.6%
14:03 Jan De Nul adds two new vessels to its fleet
13:45 DHT Holdings announces acquisition of two VLCCs
13:29 Iridium partner MetOcean Telematics provides SaR buoys to the USCG
12:52 Havyard develops hydrogen zero-emission vessels in new segment
12:11 THE Alliance announces Transatlantic Service Network adjustments for 2021
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10:39 Scottish Ports Group welcomes Scottish Goverment's establishment of 'Greenports'
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2021 January 21

18:07 Port of Houston awarded new start for Ship Channel
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17:03 Galeon Yachts announce new outbourd model
16:42 Throughput of port Vysotsk in 2020 fell by 4% Y-o-Y
16:32 Jan De Nul Group is the first dredging company to carry out 100% sustainable beach replenishments in Belgium
16:23 Yaskawa Environmental Energy develops a permanent magnet propulsion system for superyachts
16:09 MABUX Bunker Weekly Outlook, as of Jan 21, 2021
16:00 Throughput of port Primorsk in 2020 fell by 19% Y-o-Y
15:36 Bunker market see mixed price movements in the Far East ports of Russia (graph)
15:13 Battle stations for boat-handling systems