Black Sea Port Of Novorossiysk News

Oil Loadings from Black Sea Ports Remain Suspended

Oil loadings from the Black Sea port of Novorossiysk and the Caspian Pipeline Consortium (CPC) terminal have not resumed due to an ongoing storm forcing exporters to look for alternative routes, three sources familiar with exports told Reuters on Wednesday.Novorossiysk and the CPC terminal account for about 2 million barrels of oil per day (bpd) from Russia and Kazakhstan."A storm warning is in effect in Novorossiysk. It is raining, and the wave height is from two to four meters…

Black Sea Storm Disrupts Russian and Kazakh Oil Exports

A severe storm in the Black Sea region has disrupted up to 2 million barrels per day (bpd) of oil exports from Kazakhtsan and Russia, according to state's officials and port agent data.Oil loadings from Novorossiysk and the Caspian Pipeline Consortium (CPC) terminal in nearby Yuzhnaya Ozereyevka have been suspended since last week.Kazakhstan's largest oilfields - Tengiz, Kashagan and Karachaganak - are cutting combined daily oil output by 56% from November 27 as the storm disrupts loadings at CPC…

Growing Tanker Fleet, Cheaper Freight Challenge Russian Oil Price Cap

Russian crude oil producers are enjoying the cheapest costs to ship to refiners in China and India in almost a year thanks to a growing number of vessels plying the routes, according to trading and shipping sources.The arrival of new shippers working outside the purview of Western governments allows Russian firms to earn more than the $60 per barrel cap that the U.S. and its allies had aimed to impose on Russia through sanctions. It also means that enforcing the price cap will have a limited impact on Russian revenues.On Thursday, the U.S. imposed the first sanctions on owners of tankers carrying Russian oil above the cap, one based in Turkey and one in the United Arab Emirates…

Costlier Smaller Tankers Deployed to Move Displaced Russian Oil to China

Traders are deploying smaller, costlier vessels to ship displaced Russian oil from European ports to China, in a rare move as Western sanctions on Moscow force them to use unconventional methods to transport the product.About 5 million barrels of Russian Urals crude was scheduled to load in April and May destined for China on four Aframax-sized tankers that each carry 730,000 barrels and two Suezmax-sized vessels each holding around 1 million barrels, according to shipping reports and research by Refinitiv and Vortexa.A very large crude carrier (VLCC)…

Russia Faces Drop in Cargo Traffic, Container Deficit

Russia is bracing for a sharp decline in cargo flows and a deficit of containers after major international container shipping lines halted operations in the country due to Moscow’s military campaign in Ukraine, two Russian executives said.The world’s three largest container shipping lines, Denmark’s Maersk, France’s CMA CGM and Swiss-based MSC, have suspended their bookings to and from Russia after Moscow sent troops into Ukraine on Feb. 24, sparking a flurry of Western sanctions.The…

Equipment For Deepwater Berth Delivered at NUTEP

A cargo of handling equipment for NUTEP terminal in the Black Sea port of Novorossiysk  was successfully delivered on board M/V Zhen Hua 19 to the Port of Novorossiysk.The equipment was supplied by Chinese producer ZPMC. The shipment include 3 STS cranes, 4 RTGs and 2 reachstackers. The terminal operator said the equipment is intended for the new deep-water Berth No. 38 built by NUTEP in 2019.The contracts for the supply of the three STS and four RTG were signed in June 2017; the reach stackers were ordered in January 2019. The overall contract value is USD 22.5 million under the DAT terms.The new STS with a track gage of 18 m, a cantilever span of 54 m and a lifting height above the berth of 40 m are the largest on the Russian Black sea coast…

Ruscon Integrates Terminal Operations in Novorossiysk

RUSCON, a multimodal operator in Russia, is integrating its terminal operations close to the Black Sea port of Novorossiysk. RUSCON’s Novorossiysk and Yug terminals have been cooperating and using shared software since 2014 but this move will ensure that total throughput will increase and a greater range of cargo can be handled. “The Yug Terminal is already undergoing an upgrade with the construction of a new warehouse and logistics complex,” explained Dmitriy Kutateladze, Director Liner and Business Development, RUSCON.

RUSCON Box Traffic Up Despite Russian Slump

RUSCON has shown strong growth in 2015 despite a significant fall in Russia’s overall container traffic. The company reported a 32% increase in export traffic, compared with the Russian total of a mere 1.6% rise in exported containers. Total Russian imports fell by 31% to fewer than 1 million containers. RUSCON import traffic fell just 4.5%. The operation at the Black Sea port of Novorossiysk continues to show RUSCON’s biggest growth, with a total of 119,170 containers handled in 2015 compared with 107,037 in 2014 (11% up). Traffic though ports on the Russian Pacific grew to 5,729 laden containers in 2015 compared with 5,361 the previous year (7% up).

Russia Supplies Syria Mission with Turkey's Old Cargo Ships

Earlier this year, an old refrigerator ship called the Georgiy Agafonov, built to transport fruit and vegetables for the Soviet Union, was quietly gathering rust in the Ukrainian port of Izmail where the Danube flows into the Black Sea. Its owners, a Ukrainian state company, assumed it would never sail again. When a Turkish company offered to buy it for $300,000, they watched as the hulk was towed away, presumably for scrap. Nine months later the ship is back at sea, renamed Kazan-60, reflagged as part of Russia's naval auxiliary fleet, and repurposed as an unlikely part of Moscow's biggest military operation outside the old Soviet boundaries since the Cold War.

Terminal Project to Allow 10,000 TEU Ships in the Black Sea

The construction of a deepwater berth at the NUTEP terminal in the Black Sea port of Novorossiysk will allow Russia to offer regular year-round ice-free calls for vessels up to 10,000 TEU for the first time. NUTEP, a subsidiary of DeloPorts and sister company to multimodal transport specialist Ruscon, is already the largest container terminal in the port but currently handles most deepsea cargo via transshipment at Istanbul or Piraeus. Konstantin Kalugin, CCO of NUTEP, said, “The new deepwater quay will alter the status quo on the Black Sea and change existing supply chain networks in the region. The first piles have been driven for the new 341-meter quay after two years of planning and approvals, with completion scheduled for late 2018.

Ruscon Increases Business in Russian Market

Intermodal operator Ruscon reported it has increased its market share in Russia, maintaining a strong position in a country which has seen imports fall by 20 percent in the last 12 months. In the first quarter of 2015, Ruscon handled 32,250 laden containers compared to 28,497 in the same period last year. Vladimir Bychkov, CEO of GCS, Ruscon’s parent company, said that handling a higher than average volume of import goods also benefits its ability to handle export business. “Imports have fallen but export demand has grown since the devaluation of the rouble and the fall in oil prices.

Black Sea Terminal Operator Continues Development Program

NUTEP, a container terminal operator in the Black Sea port of Novorossiysk, completed the latest phase of its ambitious port development program  with the upgrade of its railway facilities there. The company has removed the original rail lines, constructed a new yard at the rear of the terminal and increased overall block-train capacity at the terminal to 30 trains – about 112 TEU each – a month. The total length of the railway lines is now more than 4km and, at 425m each, the two new loading sidings allow NUTEP to handle two block-trains a day.

GAC Russia Expands Portfolio

GAC has marked ten years in Russia with an announcement of plans to develop enhanced marine services to support offshore energy projects in Russian waters. The company opened its first office in the key Black Sea port of Novorossiysk in 2001 to attend to tankers at the newly opened CPC-R terminal, later extending its ship agency services to Sheskharis oil terminal and the dry cargo port of Novorossiysk. Offices in Moscow, St Petersburg, Murmansk and Taman followed. Today, the company employs 35 personnel and has attended to more than 2000 port calls.

Changing Russian Export Patterns

Russia has the seventh largest oil reserves in the world (6% of total), after 5 Middle East Countries (totalling 63%) and Venezuela (7%). The other Former Soviet Union (FSU) republics Azerbaijan, Kazakhstan, Turkmenistan, and Uzbekistan have together less than 2% of the total world reserves, estimated by BP to be some 1048 thousand million barrels. The Russian reserves are spread over a huge area: West Siberia, Volga-Urals, North Caucasus, the Caspian area, the Far East regions, and Eastern Siberia. The last region is estimated to be 90% unexplored, and also the Caspian area and the Far East regions were said by the Deputy Minister of Natural Resources, Ivan Glumov, to be to a great extent unexplored, according to INTERFAX.