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Port Of Novorossiisk News

29 Feb 2024

Barge Fuel Exports Help Russia Negotiate Tanker Shortage

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Russia exported more than 700,000 metric tons of oil products from the Black Sea port of Novorossiisk in 2023 using small river barges because of a lack of bigger tankers owing to EU sanctions and price cap limitations, market sources said and LSEG data showed.Some ship owners have avoided Russian ports since the EU embargo and price cap on Russian refined oil products went into effect in February last year, forcing shippers to turn to a so-called shadow fleet of ageing tankers.The shadow fleet has supported the flow of Russian barrels…

28 Dec 2023

Oil Loadings Resume from Russia's Port of Novorossiisk After Storm

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Oil loadings from Russia's Black Sea port of Novorossiisk have resumed after being suspended due to a storm on Dec. 27, two sources familiar with the matter told Reuters on Thursday.The port will likely be able to ship all the crude volumes scheduled for December, as the weather has improved, the sources added.Oil loadings from Russia's Black Sea port of Novorossiisk were suspended on Wednesday.

29 Mar 2023

Cargill to Stop Grain Export Activities in Russia

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Cargill said on Wednesday it would take a further step back from the Russian market by stopping handling Russian grain from its export terminal from July, although its shipping unit will continue to carry grain from Russian ports.Most international grain traders have stopped new investment in Russia since last year following Moscow's invasion of Ukraine but continued exporting Russian wheat."As grain export-related challenges continue to mount, Cargill will stop elevating Russian grain for export in July 2023 after the completion of the 2022-2023 season…

23 Mar 2022

Russia Warns of Sharp Caspian Pipeline Oil Export Drop After Storm

Most of the oil in the pipeline belongs to Russia, Kazakhstan, and international oil majors such as Chevron. It exports oil from Russia's Black Sea port of Novorossiisk. Photo Credit: kilinson/AdobeStock

Russian and Kazakhstan oil exports via the Caspian Pipeline Consortium (CPC) from the Black Sea may fall by up to 1 million barrels per day (bpd), or 1% of global oil production, due to storm-damaged berths, a Russian official said on Tuesday.Pavel Sorokin, a deputy energy minister, said the second berth could also turn out to be damaged after initial information about one of the three being damaged by a storm.Sorokin said the maintenance could take up to two months, which could…

11 Jan 2022

Urals Oil Exports from Russia's Baltic Ports Revised Upward

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Russia's Urals oil export loading plan from Baltic ports in January has been revised upwards by 0.1 million tonnes to 6.2 million tonnes, traders said on Tuesday.Oil giant Rosneft added an additional cargo for loading from Primorsk Jan. 24-25, traders said. The cargo was allocated to Glencore, they added.Primorsk oil exports in January have been increased to 3.8 million tonnes, traders said.

12 Aug 2021

Russian Investigators Search CPC After Black Sea Oil Spill

Russian investigators were conducting searches at the Caspian Pipeline Consortium (CPC) after Saturday's oil spill near the Black Sea port of Novorossiisk, the regional branch of the investigative committee said on Thursday.Russia opened a criminal investigation on the spill, which occurred during loading of a tanker moored to an offshore floating jetty. According to CPC, a crucial part of the jetty broke and caused the accident."In connection with the criminal case, representatives of the Investigative Committee are interviewing CPC employees and examining documents. The consortium provides the necessary assistance to the investigation team…

05 Mar 2020

Russia to Disinfect Ships from Iran, Italy and South Korea

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Russia has ordered the mandatorydisinfection of ships arriving at the Black Sea ports of Novorossiisk and Yuzhnaya Ozereyevka from Iran, Italy and South Korea because of the coronavirus, a  document seen by Reuters showed.A branch of Rospotrebnadzor, Russia's consumer safety watchdog, has ordered port agents "to arrange the disinfectionof ships arriving from these countries before the border is opened" in the city of Novorossiisk, the document showed.Novorossiisk port is one of the biggest on the Black Sea.

28 Jan 2020

Surgutneftegaz Awards 380,000 T of February Urals

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Russia's Surgutneftegaz awarded 380,000 tonnes of Urals crude oil loading from the Black Sea port of Novorossiisk and the Baltic's Ust-Luga in February, traders said.A cargo of 100,000 tonnes loading from Ust-Luga over Feb. 19-20 was sold at dated Brent minus $1.80 a barrel when adding freight to an original FOB differential, traders said. French oil major Total was the buyer, they said.Surgutneftegaz also awarded two Urals cargoes of 140,000 tonnes each for loading from Novorossiisk Feb. 15-16 and Feb. 17-18.

05 Dec 2019

Tankers Running on Fumes as Shipping Fuel Switch Causes Delays

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Disruption to shipping from the long-anticipated switch to more environmentally friendly marine fuels has finally arrived, exacerbated by logistical problems as much as any shortage of the cleaner fuel.New International Maritime Organization (IMO) rules, referred to as IMO 2020, aim to stop ships from using fuels containing more than 0.5% sulphur unless they are equipped with exhaust-cleaning systems known as scrubbers.From the start of January ships must load very low sulphur…

19 Feb 2019

As Traders Tussle Turkmenistan Cuts Exports

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A clash between trading house Vitol and Azerbaijan's SOCAR over Caspian Sea oil shipments is forcing Turkmenistan to slash exports of crude due to a lack of tankers.Turkmenistan typically exports about 200,000 tonnes of oil per month via the Caspian to world markets, mainly from fields operated by the UAE's ENOC and Italy's Eni, but flows have halved in recent weeks, six traders involved in operations said.That happened after Turkmen producers decided to export oil via Russia with the help of Swiss trader Vitol and ditch the previous Azeri route…

14 Feb 2019

VTB Tightens Grip on Black Sea Grain Export Hub

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Russia's second-biggest bank VTB is buying one of the biggest grain terminals at the Black Sea port of Novorossiisk, in a surprise move that gives the state lender more control over the country's main deep-sea grain export hub.VTB, which already owns a stake in another grain terminal at the port, said on Thursday that it was buying 100 percent of Novorossiysk Grain Terminal from Novorossiysk Commercial Sea Port (NSCP).Its deal to buy the terminal from NSCP, which is controlled…

22 Jan 2019

Turkmen Oil Exports via Russia’s Novorossiisk Port to Resume

Photo: NPT Group

Exports of Turkmen oil via Russia's Black sea port of Novorossiisk will resume in February, four market sources said.Turkmenistan stopped transit of its oil via Russia in 2016 and has been exporting all its crude via the Azeri Caspian port of Baku.Pumping Turkmen oil through the Makhachkala-Novorossiisk pipeline could add as much as 200,000 tonnes of crude per month into Russia’s Transneft system. Turkmenistan is currently shipping oil via the Baku-Tbilisi-Ceyhan (BTC) pipeline…

30 Dec 2016

Russia Resumes Liftings from Novorossiisk

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, 50.6 million tonnes from Primorsk, 30 million tonnes from Ust-Luga and 31.7 million tonnes from Kozmino this year.   Reporting by Vladimir Soldatkin

18 Jun 2018

Russia's Q3 Oil Exports via Baltic Ports Seen Falling

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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)

30 Jan 2017

Russia Halts Oil Exports from Novo Due to Storm

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.   Other ports are working according to their plans, Transneft said. (Reporting by Vladimir Soldatkin; editing by Polina Devitt)

11 Mar 2016

Russia to Resume Liftings at Novorossiisk Today

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

17 Mar 2016

Russia to Increase Q2 Baltic Urals Shipments

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

25 May 2017

Urals Oil Exports From Baltic Ports to Fall in June

File photo: NCSP Group

Russia's June Urals crude exports from the Baltic Sea ports are expected to fall by 15 percent compared with May on a daily basis to 5.51 million tonnes, a preliminary loading plan seen by Reuters showed on Thursday. Crude loadings from the port of Primorsk were set to fall by 30 percent to 2.71 million tonnes due to planned works on Baltic pipeline system. Supplies from the neighbouring Ust-Luga port are set at 2.8 million tonnes, up 100,000 tonnes from the May loading plan.

04 Aug 2017

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. (Reporting by Vladimir Soldatkin; Writing by Alexander Winning)

17 Jul 2016

Turkey Reopens Key Shipping Route After Coup Attempt

Turkish maritime authorities have reopened Istanbul's Bosphorus Strait to transiting tankers after shutting it earlier on Saturday for several hours following what the government said was an attempted coup by a faction in the military. The Bosphorus is one of world's most important chokepoints for the maritime transit of oil with over three percent of global supply - mainly from Russia and the Caspian Sea - passing through the 17-mile waterway that connects the Black Sea to the Mediterranean. It also ships vast amounts of grains from Russia and Kazakhstan to world markets. On Saturday, forces loyal to the Turkish government fought to crush the remnants of a military coup attempt, following violence and clashes in Ankara and Istanbul.

21 Feb 2018

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.

21 Feb 2018

Russia's Baltic Urals Exports Seen Rising in March

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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

21 Oct 2016

Russia to Reduce Urals Oil Exports from Baltic Ports

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.   Russia will increase Urals and Siberian light oil exports from the Black Sea port of Novorossiisk by 0.36 million tonnes to 1.6 million for November 1-18, the schedule showed. (Reporting by Gleb Gorodyankin; writing by Denis Pinchuk; editing by Polina Devitt and Jason Neely)