Russia is set to increase Urals exports and transit from its Baltic Sea ports by 0.7 million tonnes to 19.9 million tonnes in the second quarter, an export schedule showed on Thursday. According to the schedule, Urals shipments from the Black Sea port of Novorossiisk are set to fall to 7.55 million tonnes, down from 7.9 million tonnes in the previous quarter. Reporting by Gleb Gorodyankin and Olga Yagova
The absence of a plan to construct a rail link that will ease cargo evacuation will create delay in the Federal Government's commitment of $118 million to the construction of Lekki Deep Seaport in Lagos, as per a report in Daily Independent. The deep seaport project is a $1.5 billion public private partnership project among the Federal Government (represented by the Nigerian Ports Authority), the Lagos State Government and the Tolaram Group
Thailand's Board of Investment (BOI) says the joint deep sea port will also surge new business & foreign investment into Thailand. BOI believe that the Dawei Deep Sea Port and Industrial Estate in Myanmar (Burma) will become an important drive for economic growth in this region, offering a shortcut for logistics and bringing new business opportunities and foreign investment to Thailand. After conclusion on signing of Memorandum of Understand between Thailand and Myanmar to construct
Crude oil and refined oil product shipments from Georgia's Black Sea port of Batumi fell 22.7 percent in 2014 from a year earlier, a senior official at the terminal said on Monday. Bad weather in Kazakhstan, where the oil is produced, lower-than-expected output from the Kashagan oilfield at the beginning of the year and re-routing part of oil shipments to the Baku-Tbilisi Ceyhan pipeline contributed to the decline, said the official, who declined to be identified.
Presidents of Thailand & Mynamar (Burma) agree on port development for deep-sea port to enable Malacca Strait bypass route. Thailand and Myanmar agree to set up a joint committee to follow up on economic cooperation that includes linking Myanmar's future Dawei deep-sea port with the Thai Eastern Seaboard. The deal came at the end of talks between Myanmar President Thein Sein and Thai Prime Minister Yingluck Shinawatra at Government House in Bangkok.
Russia will ship an extra 100,000 tonnes of Urals crude oil from the Baltic Sea port of Primorsk in April, bringing total shipments from that port to 4.6 million tonnes, according to a schedule seen by Reuters on Friday. The extra cargo will be shipped by Rosneft on April 20-21. This will increase total Urals oil supplies from the Baltic Sea to 7.1 million tonnes next month - the highest monthly figure since October 2013.
The Mexican state of Veracruz on the Gulf of Mexico is planning to build a massive air, rail and sea cargo terminal for international trade, according to state officials. Veracruz officials are in talks with U.S. asset manager Alliance Capital and an international consortium that includes Mexican construction company Grupo Tribasa for the project, the first phase of which would cost $500 million. Working in conjunction with local authorities
Russian state oil pipeline monopoly Transneft plans to resume oil loadings from the Black Sea port of Novorossiisk at midday on Friday following a storm, the company said on Friday. Russia's other ports operated by Transneft are working as usual, it added. Reporting by Vladimir Soldatkin
Bulgaria opened a new tender for an 80 percent stake in the state-owned shipyard in the second biggest Black Sea port of Bourgas and set a March 15 deadline for bids. An agency spokesperson said the agency would not set a minimum price in negotiations with potential investors, but would require a deposit of $400,000. The buyer would also be required to keep the shipyard's core business running for minimum three years
Kanoo Shipping – an offshore and marine services provider in the Middle East, operating throughout Saudi Arabia, Bahrain, UAE, Oman, Qatar, Yemen, Iraq and Sudan – will be present at the Saudi International Marine Services Show -2013 to demonstrate various services provided by the company including marine operations, shipbuilding, ship and rig repair division, engineering and construction services and sea ports operations.
European Community Shipowners’ Associations (ECSA) regrets that European port and cargo interests have come out in favour of the European Parliament’s position to conditionally include shipping in the EU Emission Trading Scheme as of 2023 if the International Maritime
Trade in the Port of London in 2016 reached the highest this decade, rising 10% to top 50 million tonnes for the first time since 2008. The strong performance reflects continued growth at terminals along the Thames. The volumes of oil
Russian oil exports from the Black Sea port of Novorossiisk were suspended on Sunday due to storm, oil pipeline monopoly Transneft said on Monday. It also said that loadings from the Pacific outlet of Kozmino resumed on Sunday after storm, which did not affect the loading schedule.
The Fundo Soberano de Angola (FSDEA) Angola’s sovereign wealth fund, today announced that it has committed to invest $180 million in a strategic deep sea port in Angola. The commitment is made as part of FSDEA’s $1.1 billion infrastructure fund.
Aegean Marine Petroleum Network Inc. has announced the launch of a new service center in Rostock, Germany that will serve all German Baltic Sea ports and Southern Scandinavian ports. The operations at Rostock will be managed by the existing team at OBAST Bunkering &
Russian oil pipeline monopoly Transneft said it had resumed oil loadings from the Black Sea port of Novorossiisk on Friday morning after a storm. Transneft also said that it expected to export 30.6 million tonnes of oil from Novorossiisk, 50
2016 is not yet over, but the volume of transshipments is already higher than in the previous record year, being currently estimated at more than 36.3 million tonnes. This is a result which, until recently, would have been out of reach for any Polish port
U.S. Customs and Border Protection (CBP), Office of Field Operations, at the Charleston Seaport arrested a Goose Creek, S.C., woman on Wednesday who was wanted in connection with a local murder. The woman, destined to depart Charleston for the Bahamas on December 7
Mediterranean Shipping Company (MSC) made its first port call in Batumi International Container Terminal (BICT) in Batumi, Georgia, marking the launch of Gioia-Ukraine & Georgia feeder service, says International Container Terminal Services, Inc.(ICTSI).
APL today announced the launch of a new Red Sea Express 2 (RE2) Service. Directly linking China to the Red Sea ports of Jeddah, Sokhna and Aqaba, the new RE2 Service expands APL’s Asia-Middle East service network to meet its customers’ growing shipping needs.
At the opening session of the 2016 SNAME Maritime Convention in Bellevue, Washington, George A. (Sandy) Thomson was elected a Fellow of the Society of Naval Architects and Marine Engineers (SNAME). According to the Society, the grade of Fellow is accorded exclusively to
Russia will export 2.9 million tonnes of Urals crude oil from the Baltic ports of Primorsk and Ust-Luga on November 1-16, down 0.8 million tonnes from the same period of October, according to a preliminary schedule, seen by Reuters.
The United Arab Emirates said on Wednesday Yemeni Houthi forces had attacked a UAE civilian vessel in a strategic Red Sea shipping lane off the coast of Yemen at the weekend and called the incident an act of terrorism. The UAE foreign ministry
The Prime Mover-Trailer Owners Workers Unity Council of Chittagong Oikya Parishad has postponed their ongoing strike till October 4 at Chittagong Port. This has ended the deadlock in goods transportation at the sea port for the time being.
Four Baltic Sea ports, namely Estonia’s port of Tallinn, Swedish ports of Stockholm and Finland’s ports of Helsinki and Turku, signed a Memorandum of Understanding (MoU) aiming for a common approach for a new onshore power supply for vessels.