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Russia to Deepen Novorossiysk for Larger Ships

Photo: PJSC NCSP

 The Russian government plans to spend between $400 to $500 million to expand and deepen the harbor of the Novorossiysk seaport to handle larger vessels, reports Moscow News.   Construction, in order to make it more competitive with Ukrainian ports also on the Black Sea,  is set to begin in the first quarter of next year with completion scheduled for 2020.   Russian government expects that the project will boost container volume at Novorossiysk by 10 to 15 percent annually.   The operator, NCSP Group is Europe’s third largest port operator in terms of cargo turnover, and the undisputed leader in the Russian market.    The Group operates two of the largest Russian ports – Port of Novorossiysk on the Black Sea coast, and Port of Primorsk on the Baltic Sea – as well as Port of Baltiysk in Kaliningrad region.   Like other Russian ports, Novorossiysk, the country’s second-largest container gateway, has been hurt by falling oil prices, economic sanctions and the decline of the ruble against international currencies.   The Ukrainian seaports Illichivsk and Yozhny deeper harbors and have grabbed some of Novorossiysk's cargo. The project also calls for increasing the length of the berth at Novoroslesexport, one of the port’s largest terminals, from about 919 feet to 1,655 meters so it can handle Panamax vessels.


Maersk to Continue Russian Operations

Photo: Maersk

Denmark's A.P. Moller-Maersk said its four subsidiaries with activities in Russia continue to operate as planned despite the recent sharp drop in oil price and the rouble's collapse.   "The Group's business with Russia amounts to some two to three percent of our total revenue. In the current situation, where Russian purchasing power and foreign trade is negatively impacted, our shipping business in Russia is also affected," A.P. Moller-Maersk wrote in an mail to Reuters.


Yet More Consolidation Proposed in Russia

Ownership of selected container terminals in the Eastern Baltic (Drewry)

The prospect of Russia’s two largest container terminal operators joining forces has raised concerns over the dominant position that the combined enterprise would enjoy were the deal to be agreed. Global Ports Investments (GPI), one of the two largest players in the Russian container port market, is investigating the acquisition of a controlling stake in National Container Company (NCC), the other dominant player in the Russian market.


Sanctions Dampen Traffic on Russia's Arctic Route

Photo: U.S. Naval Istitute

Often heralded as new shipping lane, Arctic shipments fall. Western sanctions on Russia are restricting the Arctic shipping route along its north coast to domestic cargoes and energy exports with many foreign firms staying away after test voyages on a fabled short-cut between Europe and Asia. A decline in foreign shipments on the Northern Sea Route (NSR) in 2014, interrupting gains in recent years as ice retreats


Damen Ice class Dredger for Rosmorport

Launching ceremony Courtesy Damen

This month Damen Shipyards Group launched ice class Trailing Suction Hopper Dredgers TSHD 2000 for Russian Port Agency FSUE “Rosmorport”.   Song Thu Corporation shipyard in Da Nang, Vietnam is building the Damen TSHD 2000 under Russian Maritime Register of Shipping (RMRS). Following delivery, the 2,000 m³ Severnaya Dvina will maintain navigational depths and provide safe shipping in the Arkhangelsk Seaport basin and approaches.


ClassNK Open Survey Office in Novorossiysk

185f08b9-fdaf-4839-ac5e-95a286e9fa4c.jpg

ClassNK opened a new exclusive survey office in Novorossiysk, Russia with operations beginning January 1, 2016.   Novorossiysk is a port city in southwest Russia facing the Black Sea. It is the country’s main port on the Black Sea and a leading Russian port for trade with Asia, the Middle East, the Mediterranean region, Africa and South America. The Novorossiysk office joins an existing network of survey offices throughout the region including in Constanta (Romania) and Istanbul


Bunker Suppliers Keep Going in Russian Deep Freeze

The extreme weather now gripping the Eastern Baltic region is badly affecting all transport sectors, and bunker suppliers in the Russian port of St Petersburg are being hit as hard everybody else. Nevertheless vessels are still being supplied with fuel despite North West Russia's worst winter for 50 years, according to leading St Petersburg bunker company ECO Phoenix Holding. The very cold weather began in late December when night-time temperatures went as low as minus 33 degrees C


10 Sevastapol Warships Stay Loyal to Ukraine

Ukraine warships in Sevastapol, Crimea: Photo CCL 3

Reuters –  Ukraine has said its navy's fleet of 10 warships in the Crimean port of Sevastopol had not left the port and remained loyal to the government in Kiev. Earlier, Ukraine said it had withdrawn coastguard vessels from Sevastopol and another Crimean port and stationed them elsewhere. Background Russian forces have seized Crimea, an isolated peninsula, where Russia 's Black Sea Fleet also has its headquarters


Hamburg’s Seaborne Cargo Throughput Up in Q1

Photo: Port of Hamburg, © Glaubitt

The Port of Hamburg handled total throughput of 35.6 million tons (up by 0.1 percent) in the first quarter of 2015. Bulk cargoes at 11.7 million tons (up by 12.3 percent) and container transport between the port and its hinterland at 602,000 TEU (up by 11.1 percent) were the strongest contributors to throughput growth.    “We can be satisfied overall with the first-quarter trend in seaborne cargo throughput. Even if a slight 4


Trucks Carrying Turkish Exports Blocked at Russian Border

Around 1,250 trucks carrying Turkish exports have been blocked from entering Russia and are stranded at border posts awaiting clearance, a senior shipping industry representative told Reuters on Monday.   Six days after NATO-member Turkey shot down a Russian fighter jet in the first known incident of its kind since the Cold War, calls for calm have gone largely unheeded. Ankara refuses to back down and Russia responds with sanctions.  


US Firm Sentenced for Lumber Smuggling

Virginia-based company Lumber Liquidators was sentenced today to $13.2 million in fines and forfeitures for importing illegal wood and submitting false declarations under the Lacey Act, a conservation law that makes it a crime to import plants and animals taken in violation of state and foreign law


Sovcomflot IPO Expected in Q3 2016

Image:  PAO Sovcomflot

 The Russia's top shipping company Sovcomflot initial public offering (IPO) is expected in Q3 2016, part from the privatization program by the government.    An IPO for Sovcomflot could take place later this year. The current fleet of Sovcomflot numbers 142 vessels with total


Sardines Boost Murmansk Port Turnover

Murmansk fishing port Photo Arctic Info

In January 2016 turnover of the Murmansk Marine Fishing Port reached 22 thousand tons of cargo, including 15 thousand tons of fish. This is higher than last year, when the port is received and processed 17,800 tons of cargo, from the bottom of 9500 tons of fish.


Vietnam Gets Fifth Submarine from Russia

Image: Russian Navy

 The fifth of the six Kilo-class submarines that Vietnam purchased from Russia has arrived at Cam Ranh Bay, Thanh Nien news reported.   The submarine, which was delivered by a Dutch-registered cargo ship, laid anchor near the Cam Ranh Port.   


Arctic Coast Guard Forum: Eyes and Ears Up North

Sailors aboard the fast attack submarine USS Seawolf (SSN 21) inspect the boat after surfacing through Arctic ice. Seawolf conducted routine Arctic operations. (U.S. Navy photo/Released)

On October 30, 2015, at the U.S. Coast Guard Academy in New London, Connecticut, the heads of eight agencies fulfilling the functions of Coast Guard of Canada, Denmark, Finland, Iceland, Norway, the Russian Federation, Sweden, and the United States signed a Joint Statement formally establishing


Russian Grain Exporters Resume Trade with Turkey

Russian grain exporters have resumed deals with Turkish buyers after a short break caused by a deterioration in relations between the two countries, traders and analysts said.   Russia, one of the world's largest wheat exporters, and Turkey, one of the biggest buyers of Russian wheat


Russia, Iran in Shipbuilding MoU

Image: Iran Shipbuilding and Offshore Industries Complex Company

 Iran Shipbuilding and Offshore Industries Complex Company (ISOICO) and Russian Krasnye Barrikady Shipyard has signed an Memorandum of Understanding (MoU) for ship building activities.   According to a report by MNA, the MoU was signed by managing directors of ISOICO and the


Icebreaker Murmansk Delivered

Murmansk (Photo: RS)

Icebreaker Murmansk was delivered December 25, 2015 at a ceremony hosted by Vyborg Shipyard PJSC (a corporate member of the United Shipbuilding Corporation). The icebreaker was built by Vyborg Shipyard PJSC in collaboration with Arctech Helsinki Shipyard


Urals Prices Weaken in Med, Baltic

Russian Urals crude price differentials weakened in the Mediterranean and the Baltic due to ample supplies, traders said on Thursday. In the Platts window, Litasco sold to Shell a 80,000 tonne cargo in the Mediterranean loading on Jan. 18-22 at a discount of $1


Europe Set for Decline in Container Volume

Antwerp, the second-largest container port in Europe. Photo: Port of Antwerp

 The latest edition of Hackett's Global Port Tracker North Europe Trade Outlook predicts cargo volumes on the route may fall this year, with a decline of as much as 4% of total moves at ports in Northern Europe.   It predicts declines in container volumes at European ports in the first


Lithuania Puts Plans to Import LNG From US On Hold

Lithuania has put plans to buy liquefied natural gas from the United States on hold because the LNG is not yet suitable for the Baltic state's gas system, its state energy company said on Wednesday.   Lithuania's system was built to use Russian gas and state energy group Lietuvos Energija


Greece to Evaluate Cosco Port Bid

China's Cosco sole bidder for the country's biggest port. Greece will evaluate on Wednesday an improved bid that China's Cosco is due to submit for a majority stake in Piraeus Port, a senior official at the privatisation agency (HRADF) said on Monday.


DP World to invest in Russian Ports, Infrastructure

Dubai ports operator DP World and the Russian Direct Investment Fund (RDIF) have launched a new joint venture aiming to invest in ports, transportation and logistics infrastructure in Russia, they said in a statement on Thursday. Under the name DP World Russia


DP World to Develop Russian Ports

Image: DP World

 Dubai-based port operator DP World and the Russian Direct Investment Fund have launched a joint venture to develop ports, transportation and logistics infrastructure in Russia.   Signed on the sidelines of the World Economic Forum in Davos, Switzerland


Russians to Acquire Fairline Boats

Photo: Fairline Boats Limited

 Crisis-hit yacht manufacturer Fairline Boats has been saved after the firm was bought by two Russian investors.    A new company, Fairline Acquisitions, funded by two UK-based Russian investors with a background in the marine sector






 
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