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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.


ClassNK Open Survey Office in Novorossiysk

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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


Sovcomflot Buys Nine PRISCO Tankers

Russia’s PAO Sovcomflot (SCF Group) subsidiary SCF Tankers Ltd. has won an auction for nine arctic-going tankers that belonged Primorsk International Shipping Ltd. (PRISCO), who filed for chapter 11 protection in January 2016. The purchase deal is worth $215 million, and the auction results have been approved by the U.S. Bankruptcy Court for the Southern District of New York, which is handling PRISCO’s bankruptcy case. SCF Tankers outbid Denmark’s Hafnia Tankers Ltd


Russian Seaport Cargo Volumes All Time High

Photo: Port of Novorossiysk

 The turnover of goods of seaports of Russia for the first time in history exceeded the mark of 700 million tons per year, reports local media.   According to figures released by the Russian Maritime Ports Association, the sector's overall turnover rose 6.7 percent in 2016.    Even a drop in foreign exports did not impact freight handling volumes, which grew over the last decade. Total turnover increased 77.4 percent between 2006 and 2016.  


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


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.


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.  


Global Ports Sells Logistika-Terminal to PJSC TransContainer

Photo: Global Ports Investments Plc

 Global Ports Investments PLC announced that First Container Terminal Inc., one of the Group’s sea terminals, has signed an agreement to sell its 100% shares in JSC Logistika-Terminal (LT), one of the Group’s two inland terminals, to PJSC TransContainer for a consideration of 1


Russia to build 15 Tankers at South Korean Shipyards

Photo: Yamal LNG

 Fifteen tankers will be built at South Korean shipyards to transport the products of the Yamal LNG plant, TASS cites Russian President Vladimir Putin as saying.   “We have noted with satisfaction the successful cooperation in the energy sector: South Korean companies are


Russian Award for Sovcomflot

Photo: PAO Sovcomflot (SCF Group)

 PAO Sovcomflot (SCF Group) was awarded first prize at the 2017 International Competition of Scientific, Technical and Innovative Developments aimed at the Exploration and Development of the Arctic and the Continental Shelf, held under the auspices of the Russian Ministry of Energy.  


Damen to Open Novorossiysk Service Hub

From left to right: Igor Yakovenko, CEO JSC DeloPorts, with Bart Kaal, Regional Service Manager, Damen Shipyards Group (Photo: Damen)

Damen Shipyards Group said it has signed a Letter of Intent (LOI) with Delo Group of companies, establishing plans to open a service hub in the Russian port of Novorossiysk.   According to Damen, the new hub will aim to optimize the services provided to the growing number of Damen vessels


China's Shandong Tanks Are Full, Tankers Await Discharge

File Image: Credit BMT

Most crude tankers float for less than a week; half of fuel oil tankers are carrying bitumen mixture.   More than 20 tankers carrying crude and fuel oil are anchored off the ports of China's eastern Shandong province, as onshore storage tanks are full


North Korea Launches Ferry Service to Russia

Vladivostok, Russia (© vesta48 / Adobe Stock)

North Korea launched a ferry service to the Russian city of Vladivostok on Wednesday to develop links and boost economic cooperation, the North's state media said, as it faces increasing isolation over its weapons development. Experts have said North Korea's leader, Kim Jong Un


North Korea's New Ferry Service Makes First Trip to Russia

A new ferry line between isolated North Korea and its neighbour Russia docked for the first time at the Russian Pacific port of Vladivostok on Thursday.   The ferry's Russian operators say it is purely a commercial venture, but it coincides with what some academics say is a drive by North


ASCO's New Service to Arctic Ocean

Pic: Port of Antwerp

 The Russian Arctic Shipping Company (ASCO) operates between the port of Antwerp and the Arctic region of Russia.    Its ice-reinforced vessels with a capacity of 7,000 to 12,000 tonnes will mainly carry project cargo. The company operates six vessels


Gulf Petrochem Sets Up Russian & Baltic Trading Desk

Boris Kuftyrev (Photo: GP)

Gulf Petrochem Group (GP) has further strengthened its European bunkering division by establishing a Russian and Baltic trading desk within the Rotterdam office. Boris Kuftyrev has been appointed to manage this desk overseen by Chris Todd in Europe’s largest bunkering port, Rotterdam.


Private Producer Aims to Ship Baltic's First Russian LNG Before Gazprom

LNG Gorskaya, a privately-owned Russian liquefied natural gas (LNG) producer, has launched a 340 million euro ($379 million) project to become the first LNG exporter from Russia's European coast, its CEO told Reuters. Russia expects to send LNG to Europe by the end of 2017 from its distant


Hindustan Shipyard May Get $3.1bln Order

Photo:  Hindustan Shipyard Limited

 India's Hindustan Shipyard Limited (HSL) has received a proposal from United Shipbuilding Corporation of Russia for a strategic partnership, The Hindu reported.   The report said that the Russian shipyard will be placing orders worth INR 200bln (USD 3.1bln)  immediately. 


Gazpromneft-Lubricants Bolsters Caspian Sea Ports Supplies

Photo: Gazpromneft - Lubricants, Ltd

 Gazpromneft-Lubricants, the Gazprom Neft oil business operator, has started delivering marine lubricants in the sea port of Makhachkala, Republic of Dagestan.    The first supply to the Dniester dredging vessel was carried out as part of the three-year agreement with Rosmorport


Russian Think Tank: Oil Exports to Decline in 2017

© Mikhail Perfilov / Adobe Stock

 A think tank that advises the Russian government on taxes and energy-related issues said on Wednesday it expects the country's oil exports to fall this year thanks to a global deal to cut output, contrasting with official forecasts for a rise.  


Novorossiisk Port Resumes Oil Loadings

(File photo: Transneft)

Russian pipeline monopoly Transneft said on Friday that oil loadings from the Black Sea port of Novorossiisk had resumed after a storm.   Transneft added in a statement, however, that weather conditions at the port remained unstable.


Arctic Thaw helps Russian Shipping

File Image ((c) Paul Brown)

Arctic thaw aids shipping most along Russian coast; Russia to start LNG exports from Yamal in late 2017.   Russian shipping in the Arctic is benefiting from winds that are driving the oldest and thickest sea ice towards North America, further opening a remote region that is thawing amid






 
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