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. 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. Ownership of selected container terminals in the Eastern Baltic Given their powerful market shares in St Petersburg, it seems highly improbable that the deal would be acceptable to the Federal Antimonopoly Service of Russia, yet it is unlikely that the proposal would have got this far without at least a few words of comfort from someone in power. It could be that some parts of GPI and NCC would have to be sold.
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
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.
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
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
Russian Northern Fleet (NF) destroyer 'Vice Admiral Kulakov' escorts a second merchant convoy through the Gulf of Aden in her current anti-piracy mission The convoy consisted of merchant ships flying flags of Malta and Liberia, the NF spokesman Capt 1 Rank Vadim Serga told ITAR-TASS. "Crew of destroyer Vice Admiral Kulakov replenished supplies delivered by tanker Ivan Bubnov on May 25. After that, a new convoy will be formed at an assigned point in the Red Sea to be escorted along the
Kelvin Hughes Ltd. achieved Type Approval Certification from “Russian Maritime Register of Shipping” and “Ministry of Transport of the Russian Federation” for MantaDigital Simplified Voyage Data Recorder – SVDR. Interest has increased in the SVDR and the comprehensive options offered by Kelvin Hughes. Fixed installation costs and extensive replay facilities support the offering of both fixed and float-free data capsules
According to the AP, the Indonesian Navy will purchase six modern diesel submarines from Russia as part of an upgrading of its aging military arsenal, the state news agency reported Thursday. Navy Chief of Staff Admiral Slamet Soebijanto told Antara the military will buy four Kilo class and two Amur 950, Lada class, Russian submarines. No financial details were disclosed. The Russian submarines, equipped with missiles, torpedoes, and anti-mine systems
Dr Chang Yung-fa, Group Chairman of the Evergreen Group, has been awarded an Honorary Doctorate of Transport and the title Honorary Academician by the Russian Academy of Transport. Dr Chang Yung-fa, Group Chairman of the Evergreen Group, has been awarded an Honorary Doctorate of Transport and the title Honorary Academician by the Russian Academy of Transport in recognition of his contributions and innovations in international transportation and his dedication to maritime education
Russian gas giant and licenseholder of the Shtokman field does not want the establishment of a free economic port zone in Murmansk Barents Observer reports that Murmansk might not achieve its much-desired Special Economic Port Zone goal, after all. Regional authorities in Murmansk have worked hard for the establishment of a free economic port zone, planned as a key element in the region’s bid for new investments and industrial initiatives linked with the upcoming oil and gas boom in
Rosneft’s President and Chairman of the Management Board, Igor Sechin, and Eni’s CEO, Paolo Scaroni, in the presence of the Russian President, Vladimir Putin, and Italy’s Prime Minister, Enrico Letta, has signed a term sheet on mutual crude oil supplies and a heads of agreement
Russian energy company Gazprom takes a look at its marketing policy in the international markets of small & large-scale LNG supply in line with its updated LNG production and supply strategy, and decides to focus on the Asia-Pacific market.
RS say that Russia-China ties are developing actively and that China's maritime industry capabilities are of great interest to their Russian clients. Consequently RS will be exhibiting at this year's Marintec China expo in Shanghai.
Russian President Vladimir Putin has signed a law on the liberalization of exports of liquefied natural gas (LNG). According to the document, two new categories of license holders are entitled to the right to export LNG, in addition to Gazprom, reports Arctic-Info.
Tschudi Shipping Co., one of Norway's oldest shipping firms, will begin exploring the possibility of establishing a transshipment port in western Alaska, Lt. Governor Mead Treadwell said today. Treadwell, who leads the state's work with the eight-nation Arctic Council
At a meeting with Russian President Vladimir Putin, the President of the Republic of Korea in Seoul, Park Geun-Hye discussed mutual cooperation in the development of the Arctic, reports 'Arctic-Info'. In a joint statement the leaders pointed out that as the Republic of Korea has official observer
DCT Gdansk is now officially a member of a club of container terminals handling 1 million TEU annually and more. After only 6 years of operating, DCT Gdansk became a hub port for Central - Eastern Europe and Russia, serving as a true gateway leading to Poland and other Baltic states
The Maritime and Coastguard Agency (MCA) announced that nine foreign flagged ships were under detention in U.K. ports during October 2013 after failing Port State Control (PSC) inspection. Latest monthly figures show that there were six new detentions of foreign flagged vessels in U.K
Havyard has been commissioned to design and build an ice breaker vessel for Russian shipping company FEMCO, to be designed by Havyard Design & Solutions in Fosnavaag, Norway and is going to be constructed at Havyard Ship Technology`s shipyard in Leirvik in Sogn, Norway
Russia's Rosneft, Gazprombank, Sovcomflot with Korean shipbuilding company Daewoo Shipbuilding & Marine Engineering Co. (DSME) have signed a Memorandum of Understanding (MOU) on key terms of co-operation to establish a shipbuilding and industrial cluster in the southern part of Primorskiy Krai
Though Russia is one of the world’s largest producers of oil and gas, it is embarking on an ambitious and somewhat imaginative programme of building floating nuclear power stations, writes Tony Roulstone, Lecturer in Nuclear Energy at the University of Cambridge, online at 'The Conversation'
Global motor maker Regal has won type approval for its RN and RF series marine motors from the Russian River Register, one of the biggest classification societies in the world for inland waterway vessels. This complements approvals already granted from the other ship and vessel standard
The Murmansk Regional Court has rejected an appeal against the arrest of the ship 'Arctic Sunrise' by Russian authorities reports Greenpeace. "This is an extremely disappointing ruling. We believe this verdict is in violation of both the Russian Criminal Procedure Code and international law
The International Tribunal for the Law of the Sea has ordered the Russian Federation in a binding ruling to release the Greenpeace ship 'Arctic Sunrise' and the 28 activists and two freelance journalists on board upon payment of a EUR 3.6 million bond.
At a recent meeting of Gazprom's Management Committee, Chairman Alexey Miller noted that the project was progressing rapidly and on schedule – the first train of an LNG plant will be commissioned in 2018.