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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.   World's largest container shipping company Maersk Line, port operator APM Terminals, logistic company Damco and the world's biggest tugboat operator Svitzer are all active in Russia.   Fears of a full-blown Russian crisis are leading investors to build up negative bets on European companies exposed to the country, such as brewer Carlsberg or Finnish tire-maker Nokian Renkaat.   A.P. Moller-Maersk acquired 37.5 percent of the Russian port operator Global Ports in September 2012 in a transaction that valued the port operator at approximately $2.3 billion.   Global Port's London-listed shares have dropped by 73 percent since the transaction.   (Reporting by Ole Mikkelsen, editing by Terje Solsvik)


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.


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


GAC Steers STS Pallada on Commemorative Voyage

tall ship STS Pallada

Port-on-Demand took care of training tall ship at every port of call.   Port-on-Demand (POD), the newest service package offered by the global GAC network, has handled the tall ship STS Pallada at every port of call of her voyage to mark the 270th anniversary of Russia’s first settlements in North America and the 50th anniversary of cosmonaut Yuri Gagarin’s first space flight. The impressive 358-foot Russian frigate


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


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


Ship Distressed in Sea of Japan

Reports indicate that Motor ship Diana that sent distress signals from the Sea of Japan has about 4,000 tons of cargo aboard. The ship, which flies the Cambodian flag and has an 18-strong Russian crew, has scrap metal in the holds and timber on the deck. The piles of timber have shifted and are partly hanging overboard, said Konstantin Sviridov, the chief of Maritime Salvage and Coordination Center in Vladivostok.


Backing for NEVA 2011 Gathers Pace

Opening ceremony at NEVA 2009                      	    NEVA 2009 saw a record number of both

Support for NEVA 2011, the international maritime conference and exhibition taking place in St. Petersburg between September 20th and 23rd this year, has gathered momentum both within Russia and internationally in recent weeks. Rod Keay, managing director of Dolphin Exhibitions, the event organiser, says: “Support in Russia, and the CIS as well, has grown exponentially since the beginning of the year.” The event, which celebrates its 20th anniversary this year


Ukraine Withdraws Coastguards from Crimea, Navy Stays Local

Reuters - Ukraine said on Sunday 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. Ukraine withdrew its coast guard vessels from two ports in Crimea and moved them to other Black Sea bases on Sunday, a sign that Russian forces were completing their seizure of the isolated Black Sea


UK Detains 8 Foreign Vessels in November

The U.K.’s Maritime and Coastguard Agency (MCA) announced that eight foreign flagged ships were under detention in U.K. ports during November 2014 after failing Port State Control (PSC) inspection.   During November, there were six new detentions of foreign flagged vessels in a U.K. port. Two vessels remained under detention from previous months, and five vessels were released during November. A total of three vessels remain under detention at the end of November.  


Russia Names Nominee for IMO Secretary General

Vitaly Klyuev (Photo courtesy of IAA PortNews)

Russia has for the first time put forward a candidate to compete for the post of IMO Secretary General   The Russian Federation has nominated Vitaly Klyuev, Russia’s Deputy Director of the Department of State Policy for Maritime and River Transport


Ukraine Arrests Turkish Cargo Ship Over Crimea Port Call

  Ukrainian authorities have arrested a Turkish-owned cargo ship and detained its captain over a visit it made to a port in Crimea after Russian annexed the peninsula from Ukraine last year. Prosecutors said the Tuvalu-registered 5,095 deadweight tonne ship Kanton was being held in the


Ukraine Arrests Turkish Ship for Visiting Crimean Port

A Master Shipping Ltd Vessel

 Turkey owned merchant ship flying the flag of Tuvalu was arrested by Ukrainian authorities over a visit it made to a port in Crimea, reports Reuters. The ship's captain detained.    Tuvalu-registered 5,095 deadweight ton ship Kanton was being held in the Ukrainian port of Kherson


Poland's LNG Terminal - Unfinished Agenda for Saipem

Polish LNG terminal 87 percent complete: (Photo: Embassy of the Republic of Poland in Stockholm)

 Poland's liquefied natural gas (LNG) terminal at the Baltic port of Świnoujście will be completed only if Italian firm Saipem receives further payment, reports Reuters.   The terminal, under construction by a consortium including Italy's Saipem


Russian Submarine Seen Near Latvian Waters

National Armed Forces coast guard patrol boat Klints by Public broadcasting of Latvia

 The Latvian armed forces spotted a Russian submarine in the exclusive economic zone of Latvia on March 16, reports BBC.   The warship was seen at a distance of 27 nautical miles from the territorial waters of the country. The vessel was a Russian Project 877 Paltus submarine


Putin Puts Northern Fleet on Full Combat Alert

Ships of Russian Navy Northern Fleet. Photo: Gazprom

 Russian President Vladimir Putin put the nation’s northern fleet on full alert in the Arctic Ocean this week, as the U.S. and several Eastern European NATO countries conduct a series of military exercises near Russia's border.  


Russia's Floating Research Station Unfolds in the Arctic

Arctic Research: The University of Alaska Fairbanks

 The Russian Ministry of Natural Resources says that Russia plans to establish a floating research station in Arctic sea. The floating research station “North Pole-41” is already in the making, says the Ministry statement.  


It's Official: Sweden Boosts Submarine Fleet

Kockums A26 - picture by SAAB AB

 Sweden has given a long-awaited green light to the planned procurement of two new-generation A26 submarines from Saab Kockums.   Sweden's official announcement ordering two new submarines to boost its armed forces, months after a futile hunt for a suspected Russian mini-sub in the


Russia Conducts Naval Drill in Baltic Sea

Image courtesy: Defence Russia

 Russian naval units are conducting a defense drill in the Barents Sea, which Russia shares with Norway, involving more than 20 vessels from the country’s Baltic Fleet, as part of the Russian Northern Fleet exercises.   The press service of Russia’s Western Military


Russian Submarine in North Sea?

Image by Royal Navy, UK

 A Scottish fishing boat skipper Angus Macleod has reported a terrifying brush with what is believed to be a rogue Russian submarine inside British waters in the North Sea.   Macleod said he and his four crew were “extremely lucky” to survive the incident in which his net


Norway Supports Statoil, Rosneft JV

Photo pixabay.com

  Norwegian authorities have given the Stavanger-based energy giant Statoil the go-ahead on joint projects with Rosneft, a Russian oil titan that was the target of Western sanctions in 2014. Statoil and Rosneft previously agreed on four projects to explore and produce oil on the Russian


Russia's Seaborne Urals Exports Seen Down in April

Russia's Urals crude exports and transit from the Baltic Sea ports and Novorossiisk are set to fall in April by 2.5 percent on a daily basis to 8.14 million tonnes from 8.623 million tonnes in March, a preliminary loading plan showed on Tuesday.  


Rosneft Cancels Rig Contract

800px-Rosneft_logo.jpg

  Russian oil firm Rosneft has cancelled a contract for a two-and-a-half year rig contract with Northern Offshore and Seadrill's North Atlantic Drilling Ltd, the Norwegian offshore driller said. Western sanctions against Russia, and Rosneft in particular


Icebreaker Murmansk Launched at Arctech Helsinki Shipyard

Icebreaker Murmansk Courtesy Arctech Helsinki Shipyard

  The 16 MW Icebreaker for the Russian Ministry of Transport was launched at Arctech Helsinki Shipyard on March 25th, 2015. Before floating the vessel, she was given the name ceremonially by breaking of a champagne bottle on the bow of the vessel


No More State Funds, Russia Warns its Ship Builders

Pic by Russian Maritime Register of Shipping

 Russian Deputy Prime Minister Dmitry Rogozin came down heavily on country's shipbuilders criticizing them for doing a poor job to implement instructions from the president and prime minister regarding wider production of civilian ships at domestic shipyards.  






 
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