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  • 2022 August 4 16:48

    NSR development plan foresees annual cargo traffic of 220 million tonnes in 2035

    Annual cargo traffic on the Northern Sea Route is to make 80 million in 2024, 150 million tonnes in 2030 and 220 million tonnes in 2035, according to the targets set by the plan for the development of the Northern Sea Route (NSR) until 2035. Annual contribution of Rosneft’s Vostok Oil project starting from 2030 is estimated at 100 million tonnes.

    The annex to the document specifies that the cargo traffic forecast is subject to clarification basing on implementation of clause 1.1.1 of the plan, namely “Signing of an ag aimed at establishment of mutual obligations related to the annual cargo flow”. A report on this clause is to be submitted to RF by 1 October 2022. The responsibility is assigned to the Ministry for the Development of the Russian Far East and Arctic, Rosatom, NOVATEK, Rosneft, Gazprom Neft Norilsk Nickel, Severnaya Zvezda and GDK Baimskaya.

    Deputy Prime Minister Alexander Novak earlier said that cargo traffic on the Northern Sea Route would reach 200 million tonnes by 2030 with the GDP growth from the procedure implementation to make about RUB 30 trillion by 2030.

    The Northern Sea Route is a single transport system in the Russian Arctic sector. It stretches along the northern coasts of Russia across the seas of the Arctic Ocean (Kara, Laptev, East Siberian, Chukchi seas). The route links the European ports of Russia with the mouths of navigable rivers in Siberia and the Far East. In 2021, cargo traffic on the Northern Sea Route totaled 34.85 million tonnes.

    On 2 August 2022, RF Prime Minister Mikhail Mishustin signed a plan for the development of the Northern Sea Route (NSR) until 2035. Total financing nears RUB 1.8 trillion

    Related link:

    RF Government approves plan for NSR development until 2035 >>>>

    Cargo traffic on the Northern Sea Route exceeded its plan by 5% >>>>




2022 August 12

18:03 IAA PortNews’ summary of past week news
17:51 The Government of Canada announces funding for new technologies to reduce underwater noise from marine vessels
17:20 Avenir LNG signs MoU for the development and construction of an LNG/BioLNG Terminal in the Port of Oxelösund, Sweden
17:02 NE China ports handle over 3,100 China-Europe freight train trips - The State Council the People's Republic of China
16:31 Russian Railways boosts loading of cargo bound for Azov-Black Sea Basin by 2.5% in 7M’22
16:24 Global container fleet to grow more than demand - Hapag-Lloyd CEO - Reuters
15:30 ZIM invested $5.5 million in provider of asset and fleet visibility solutions
15:03 Equinor’s H2H Saltend selected to proceed as one of the first large-scale hydrogen projects in the UK
14:58 Three new barges delivered cargo for construction of Amur Gas Chemical Complex
14:13 Grimsby River Terminal welcomes the first sustainable car carrier
14:03 CMA CGM service starts to call Yilport Gemlik
13:42 Maersk Drilling awarded two-month extension with TotalEnergies offshore Denmark
13:14 De Vlaamse Waterweg and Port of Antwerp-Bruges maintain the water level in the docks and the Albert Canal with a temporary pump installation
12:00 First Rijeka–Czech Republic direct cargo rail service established
11:55 Kazakhstan Transport Week will be held in Almaty from September 20-22, 2022
11:32 MacGregor has received a significant order to supply all-electric RoRo equipment to four PCTC vessels
11:02 Diana Shipping announces the acquisition of nine Ultramax dry bulk vessels from Sea Trade
10:42 First hydrogen bunkering license issued in the Netherlands
10:28 Throughput of Russian seaports in 7M’2022 declined by 0.2% YoY
10:20 Teekay сompletes the first ship-to-ship operations at Port Sudeste Brazil
10:09 Höegh Autoliners posts Q2 2022 results
09:31 ZeroNorth signs deal with X-Press Feeders to propel carrier’s decarbonisation strategy
09:16 Crude oil futures decrease after growing for two days
08:51 MABUX: Global bunker indices to keep rising on August 12
08:33 Pakistan Navy saves 9 Indian crew members after ship drowns - Geo News

2022 August 11

18:30 Valenciaport strengthens relations with the Chinese region of Fujian
18:05 Yang Ming publishes financial report for H1 2022
17:57 Yara Latvija opens a mineral fertilizer packaging and storage warehouse at “Riga Nordic Terminal”
17:26 KSOE lands LNG carrier order worth KRW2tn from Qatar - BusinessKorea
17:06 UECC signs up for Svitzer’s EcoTow solution in Scandinavia
16:51 Aleksandr Lukashenko gave instructions to make the maximum use of the Russian ports to ship Belarus’ goods
16:25 Saipem awarded three new EPC contracts in Angola for a total amount of around 900 million USD
16:05 Australian Maritime Safety Authority issues the Port State Control Annual Report for 2021
15:39 Maersk Supply Service wins another integrated solutions project in Brazil
15:14 Cleaning and dredging of water area near Moskva-river berths completed
14:48 Port of Tallinn closes operations in Paljassaare harbour
14:23 Germany's RWE widens global search for LNG supplies - Reuters
13:33 Nuclear-powered container ship Sevmorput came to Murmansk from Petropavlovsk-Kamchatsky
13:15 Dozens missing after migrant boat sinks off Karpathos, Greece - The Associated Press
13:02 MABUX: Bunker Weekly Outlook, Week 32, 2022
12:41 MacGregor receives an order to supply all-electric RoRo equipment to four PCTC vessels
12:12 Milaha reports a 46% increase in net profit for H1 2022
11:52 MAN Energy Solutions signs MoU with Stena and Proman
11:17 Aker Solutions to provide subsea production system for the Trell & Trine development
11:04 Hapag-Lloyd revenues up to EUR 17 billion in first half year of 2022
10:40 Equinor’s new floating production vessel Johan Castberg catches fire
10:33 EU ban on Russian coal imports comes into force - Deutsche Welle
10:01 Gubkin University supports 6th LNG Bunkering and Alternatives conference as its Industry Partner
09:41 QatarEnergy awards McDermott FEED contract for the North Field South Offshore Pipelines Project
09:40 Rosatom exercised option to purchase share in Delo Group and increased its stake to 49%
09:18 Crude oil futures decrease on surge of US reserves
08:59 MABUX: Uptrend to continue in Global bunker market on August 11

2022 August 10

18:37 Awilco LNG ASA enters a new time charter contract for the WilForce with an oil major
18:07 BHP, Pan Pacific Copper and Norsepower partner to harness the power of wind-assisted propulsion
17:55 Water area of Ust-Luga port’s southern district put into operation
17:46 Drydocks World-Dubai signs strategic partnership with Silverstream Technologies
17:26 US antitrust Commission seeks feedback on performance of exemption for liner shipping consortia
17:19 Throughput of port Shanghai (China) in 7M’2022 fell by 7% YoY to 291 million tonnes
16:52 STC INSISO secures six-figure contract extension with Peel Ports
16:40 The three major Korean shipbuilders account for 55% of global ship orders in July - BusinessKorea