DFDS Sells Two Ships to Ukrferry
Danish shipping and logistics company DFDS is to sell two of its older vessels to Ukraine-based ferry operator Ukrferry. "DFDS has entered into an agreement with Ukrferry to sell two combined freight and passenger ferries, Kaunas Seaways and Vilnius Seaways built in 1989 and 1987 respectively. Delivery of the ferries is expected in July," said a press statement from the company. The ferries have been on time charter to Ukrferry for several years for deployment on routes in the Black Sea. The ferries were previously deployed in DFDS' Baltic route network.
Cargo Ships De-listed After Crimea Grain Trades
At least two countries have struck cargo vessels off their registries in recent weeks after the ships were involved in transporting grains from Crimea to Syria, maritime officials told Reuters.Crimea has been under Western sanctions since it was annexed from Ukraine by Russia in 2014 and has been frozen out of many export markets. That leaves Syria, which has also been targeted by sanctions, as an ideal trading partner for Crimea, given that the latter is open to receiving goods…
Wärtsilä Intermodal Pact with VR Group
The technology group Wärtsilä and VR Group, a national railway operator owned by the Finnish State, deepen their partnership as Wärtsilä begins to recondition the engines of diesel locomotives. The agreement significantly extends the previous relationship between the companies. For VR Group, the agreement ensures professional and flexible maintenance and reconditioning services of its diesel locomotives. Under this agreement, Wärtsilä will be in charge of reconditioning and test running of over 200 diesel engines on 191 locomotives of three different types.
Russia's Q3 Oil Exports via Baltic Ports Seen Falling
Russian exports and transit of Urals oil through Baltic Sea ports are seen at 19.15 million tonnes in the third quarter, down from 19.8 million tonnes in the second quarter, industry sources said.Exports of Russian Urals and Siberian light oil from the Black Sea port of Novorossiisk are expected to rise to 8.5 million tonnes in the third quarter from 8.1 million tonnes in the second quarter, the sources said.(Reporting by Olga Yagova; writing by Maria Tsvetkova; editing by Jason Neely)
DFDS Completes Acquisition of U.N. Ro-Ro
Danish shipping and logistics group DFDS has completed the acquisition of Turkey’s largest operator of Ro-Ro freight ships and will be a major player in the strong and continuously growing trade between the EU and Turkey. In April, DFDS signed an agreement with the owners of U.N. Ro-Ro to acquire the shares in the company, said a press release from the company. “All relevant authorities have now approved the transaction and I am very pleased to announce that on 7 June we completed the deal. U.N.
Caspian Shipping Company Open Office in Greece
After a long break, CJSC Azerbaijan Caspian Shipping Company has restored its operation in foreign waters in 2014 by the respective order of the President of the Republic of Azerbaijan and took series of effective measures in this regard. In the past four years, number of vessels sailing outside Caspian basin – in the Sea of Azov, Black Sea and Mediterranean Sea increased by 13, out of which 11 are dry cargo vessels, while 2 are tankers. These vessels floating under our three…
Eni Halts Drilling in Rosneft-led Offshore Project Over US Sanctions
Italian oil and gas group Eni has suspended drilling in the Black Sea in a Rosneft-led offshore project because of U.S. sanctions, the company's chairwoman said on Wednesday. "We asked authorisation to the U.S. and so we obtained the authorisation from the U.S. so we started to drill this well, but then now we have to stop because… sanctions are hitting this," Emma Marcegaglia said at the World Economic Forum in Davos. Reporting by Denis Pinchuk; Writing by Gabrielle Tétrault-Farber
Sentinel Awarded Contract for Patrol Vessel Charter
Aberdeen-based Sentinel Marine has been awarded a contract to provide a patrol vessel to be chartered by the European Fisheries Control Agency (EFCA) in international and EU waters. Lundy Sentinel is one of the firm’s growing fleet of new built multi-role emergency response and rescue vessels (ERRVs). The contract to charter the Lundy Sentinel is for an initial period of two years, with an option to extend for a further two years. The framework contract provides for a maximum amount of 20m Euros in four years. It was awarded following tender.
Oil Shipments From Georgia's Batumi Port Down 34%
Oil and related shipments from Georgia's Black Sea port of Batumi in January were down 34 percent from a year earlier, an official at the terminal, operated by Kazakh KazMunaiGas , said on Thursday. The official gave no reason for the fall, but state company KazMunaiGas continued to reroute some shipments to the Baku-Tbilisi-Ceyhan pipeline this year. January shipments of crude oil and refined oil products from Batumi totalled 108,464 million tonnes, down from 164,218 tonnes a year earlier and 221,210 tonnes in December, said the official, who asked not to be identified.
Allseas Plans World's Largest Construction Vessel
Swiss offshore services firm Allseas is planning to build a vessel big enough to be able to remove the world's largest oil and gas platforms when they reach the end of their production lives, its chief executive said. The vessel, to be called Amazing Grace, is designed to remove the heaviest platforms in a single lift and could reduce decommissioning costs for global oil and gas producers, the firm said. It would be a bigger version of Allseas' existing Pioneering Spirit ship…
Port Spat Delays Russian Black Sea Product Exports
Shipments of oil products from a Russian Black Sea outlet have been disrupted since early February due to a row over the port's control, four industry sources told Reuters on Wednesday. Three sources said oil products shipments from the IPP terminal at the port of Novorossiisk have been delayed over a managerial conflict. The port did not reply to a written request for comment. According to the sources, between 1,000 and 2,500 rail cars with oil products are stuck near the port waiting to be loaded on to tankers. Trading sources also said that loading operations of two tankers - Andromeda, chartered by Litasco, and Trafigura's Atlantas II - have been cancelled. "Ships have been waiting in the harbour of Novorossiisk," a trader said.
Russia's Baltic Urals Exports Seen Rising in March
Russia's Urals crude exports from the ports of Ust-Luga and Primorsk are seen at 5.6 million tonnes in March compared to 5.0 million tonnes in the February plan, a preliminary loading schedule released on Wednesday showed Exports of Urals and Siberian light crude oil from the Black Sea port of Novorossiisk port are set at 2.3 million tonnes in March compared to 2.1 million tonnes in the February plan. Reporting by Ludmila Zaramenskikh; Writing by Maxim Rodionov
Falling Rocks Closes Corinth Canal for Ships
Greece on Monday closed the Corinth canal after a rockfall that followed heavy rain, temporarily blocking a transit route used mainly by commercial ships and pleasure yachts. The 6.4-km canal serves about 11,000 ships a year, offering a short transit from southern Italy to the Eastern Mediterranean and the Black Sea, saving mariners a 700-km (434-mile) journey around the Peloponnese Peninsula. But its 21.5-metre (64-foot) width means it is not a key waterway for ocean-going vessels.
Exxon Quits Some Rosneft Joint Ventures Citing Sanctions
Exxon Mobil Corp will exit some joint ventures with Russia's Rosneft, citing Western sanctions first imposed in 2014, while the Russian company said the pullout will result in serious losses for its U.S. partner. The move is an about-face for Exxon, which had opposed the sanctions over Russia's invasion of Crimea and argued they unfairly penalized U.S. companies while allowing foreign energy rivals to operate in the country, the world's largest oil producer. Yet the sanctions…
UKHO releases new edition of ADMIRALTY Ocean Passages
The UK Hydrographic Office (UKHO) has published a new edition of ADMIRALTY Ocean Passages for the World (NP136). First published in 1895, this publication is designed to support mariners in the planning of deep sea voyages along major trade routes, with details of weather, currents, ice hazards and other environmental features that may be met in transit. The UKHO has completely changed the way that routes are represented in response to user feedback, introducing route diagrams alongside tabulated waypoint and route data to help mariners find key information quickly.
Shipping Traffic on Turkey's Bosphorus Suspended Due to Fog
Traffic on Turkey's Bosphorus Strait, an important international shipping lane for oil and grain, was suspended on Wednesday due to poor visibility from dense fog, shipping agent GAC said. Vessel traffic was suspended at 3:52 p.m. (1252 GMT). The Bosphorus is one of world's most important choke points for the maritime transit of oil, with more than 3 percent of global supply - mainly from Russia and the Caspian Sea - passing through the 17-mile waterway connecting the Black Sea to the Mediterranean. It is also used by vessels carrying grain from Russia and Kazakhstan to world markets.
Yang Ming Establishes Regional Center for Mediterranean
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation has set up the new regional center in Mediterranean area named Yang Ming(Mediterranean) Marine Services Single-Member Limited Liability Company. The new company will start to provide services on 2nd April 2018 in Piraeus, Greece, and Mr. Ted Wu has officially been appointed as Managing Director for the first term. In light of the impressive economic growth in the Mediterranean region, Yang Ming sets up its owned company to serve as the regional center which will strengthen its presence and connect closer to Mediterranean…
Arctic: ExxonMobil Exits, Rosneft Goes Ahead
Russian state oil company Rosneft will continue geological explorations in the Arctic offshore zone after ExxonMobil quits the joint projects, reports TASS. The report qouted Natural Resources Minister Sergey Donskoy saying that the Arctic licenses will remain with Rosneft and the company "plans to continue to operate there". Exxon Mobil decided to withdraw from the joint projects with Rosneft in late 2017 after Washington issued a legal act expanding against Russia. According to the document, in 2013 and 2014 Exxon Mobil and Rosneft created various entities for operations in oil exploration.
Jan-March Oil Shipments from Georgia's Batumi Down 54 pct
Oil and oil-related shipments from Georgia's Black Sea port of Batumi fell 53.7 percent between January and March from a year earlier, an official at the KazMunaiGas-operated terminal said on Wednesday. The official said some volumes of crude oil had been rerouted to the Baku-Tbilisi-Ceyhan pipeline and to the Caspian Pipeline Consortium this year, while some fuel oil had been sent to the port of Taman in Russia and Georgia's other Black Sea port of Kulevi. About ten Batumi terminal…
Russia's Grip on Biggest Port Operator Tightens
Moscow tightened its grip on Russia's biggest port operator on Friday, making a government official chairman and ousting representatives of the only private shareholder from the board.The changes follow the arrest last month on organized crime and embezzlement charges of Ziyavudin Magomedov, head of the Summa conglomerate which with a joint venture partner owns a 50.1 percent stake in the port operator. He denies the charges.Several senior Russian business executives have said the prosecution would allow the state to extend its control over the Russian economy…
Eni has no plans to pull out of Rosneft deal after sanctions
Italian oil major Eni has no plans to pull out of its joint venture with Russia's Rosneft despite escalating sanctions against Russia, the head of Eni said on Wednesday."We certainly have not pulled out, we're working with them," CEO Claudio Descalzi said on the sidelines of a conference.Eni, one of Europe's biggest importers of Russian gas, extended a cooperation agreement with Rosneft last year to explore the Russian Barents Sea and the Black Sea, and to consider further opportunities together.But after the United States imposed major new sanctions against Russia earlier this month, speculat
Liebherr´s New Floating Crane Goes to Market
The latest four rope grab crane development of Liebherr´s floating crane segment is going to be installed on a converted handymax bulk carrier (45,000 DWT) with a total length of 185 m and a breadth of 30.5 m. The ship will be retrofitted with the two Liebherr bulk handling cranes at the Turkish shipyard Kuzey Star Shipyard Tuzla / Istanbul. After completion of the conversion in early 2019, the ship will be used as a transshipment solution for grain handling in the Black Sea and…
Transneft Rejects Summa's Proposal to Complete Port Deal
Russian oil pipeline monopoly Transneft has rejected a proposal from its rival Summa Group to complete a deal to buy a Novorossiysk Commercial Sea Port (NCSP), a Transneft spokesman said on Monday.If the deal goes ahead it will allow Transneft to take control of Russia's largest port operator. But Transneft said earlier this month it had suspended talks on the deal after the authorities arrested the co-owner of Summa, Ziyavudin Magomedov, on charges of embezzling more than $35 million.Magomedov denied the charges at a pre-trial hearing…