COFCO in Talks to Buy Stake in Russian Port Grain Terminal
Top Chinese grain trader COFCO is in talks about buying a shareholding in a grain export terminal in the Russian port of Novorossiysk as part of its expansion in Europe, sources said on Friday.COFCO is understood to be in talks about buying a shareholding of about 25% in the KSK deep water grain terminal in Novorossiysk, three sources said.Talks are being held with the terminal owner, Russian company Deloports Ltd. Deloports declined comment.The COFCO group in China was unavailable for immediate comment.
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.
Egypt's GASC Buys 120,000 Tonnes Wheat in Tender
Egypt's state grain buyer GASC said on Wednesday that it had bought 120,000 tonnes of wheat in a tender. GASC gave no more details. Traders had also estimated the total at 120,000 tonnes. The wheat was all of Russian origin and was purchased in two 60,000 tonne consignments, traders said. AOS sold one consignment at $223.50 a tonne c&f and Friends/El Wehda also sold one consignment at $223.50 a tonne c&f, the traders said. Both sales comprised wheat at $208.00 a tonne FOB with an additional freight (ocean shipping) charge of $15.50 a tonne.
Damen to Open Novorossiysk Service Hub
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 operating in the region in addition to strengthening its relationship with the Delo Group. The LOI was signed by representatives from the two companies during the NEVA 2017 trade fair in Saint Petersburg, Russia.
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).
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.
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. "Russia has not given permission to Turkish trucks for entry or transit passage for the past four days," Fatih Sener, managing director of Turkey's International Shippers Association (UND) said in an interview.
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…
Ruscon Sees Cargo Boost Despite Russian Downturn
Though Russian ports have seen a general decline in the number of containers handled, multimodal operator Ruscon reports it has seen its own numbers rise. Ruscon, a subsidiary of Russian container transport company Global Container Service (GCS), said it handled 65,793 laden containers in the first half of 2015 compared with 58,754 in the same period last year, representing an 11 percent increase. This is in contrast to the total volumes at the ports where Ruscon operates, with throughput at St Petersburg on the Baltic Sea falling by 28.5 percent…
Russia to Deepen Novorossiysk for Larger Ships
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…
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 Offshore Drilling Upgrade Underway
Boost for Novorossiysk supply base to meet growing demand. GAC Russia said it is underlining its commitment to offshore oil & gas exploration and extraction in the Black Sea with a major project to upgrade its facilities at the port of Novorossiysk. The Black Sea is one of the areas in which the development of fields looks set to boom as Russian oil majors are granted licenses and joint ventures are formed with international energy companies to develop blocks. GAC Russia has already…
GAC Russia To Upgrade Facilities At Novorossiysk Port
GAC Russia is underlining its commitment to offshore oil & gas exploration and extraction in the Black Sea with a major project to upgrade its facilities at the port of Novorossiysk. The Black Sea is one of the areas in which the development of fields looks set to boom as Russian oil majors are granted licenses and joint ventures are formed with international energy companies to develop blocks. GAC Russia has already signed contracts with one of the key players to provide supply base support for their operations from Novorossiysk.
Novorossiysk: New Tonnage Dues Rates
GAC informs that tonnage dues rates in the port of Novorossiysk will be increased about 9% with effect from April 27, 2014.
Russian fleet at heart of Ukraine crisis
Many of fleet's ships are old, destined for scrap; Fleet is due to get new submarines, ships, aircraft. Ships used in Ukraine crisis, against Georgia, off Syria. Gently bobbing up and down in the sheltered waters of the Bay of Sevastopol in Crimea, Russia's storied Black Sea Fleet has an air of decay about it. Paint peels from low-slung dockside buildings, a solitary submarine sits dolefully alongside a pontoon, and the fleet's boxy grey ships date back to the Soviet-era with many soon destined for the scrap heap. But appearances can be deceptive. The fleet, its base, and the sprawling military infrastructure that go with it, are vital to Russian President Vladimir Putin's military and geopolitical ambitions and one of the main reasons the Kremlin is now eyeing complete control of Crimea.
Russian Fleet at Heart of Ukraine Crisis is Central to Putin
Gently bobbing up and down in the sheltered waters of the Bay of Sevastopol in Crimea, Russia's storied Black Sea Fleet has an air of decay about it. Paint peels from low-slung dockside buildings, a solitary submarine sits dolefully alongside a pontoon, and the fleet's boxy grey ships date back to the Soviet-era with many soon destined for the scrap heap. But appearances can be deceptive. The fleet, its base, and the sprawling military infrastructure that go with it, are vital…
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.
Keppel Singmarine Lands $5.5 Million Harbor Tug Contract
Keppel Smit Towage Private Limited (KST), has recently signed a contract with Keppel Singmarine Dockyard Pte Ltd (Keppel Singmarine) to build two 3,600 bhp harbor tugs for a contract value of about $5.5 million, with an option for a further two tugs. These two tractor tugs will have a bollard pull of 47 tonnes. As with all the other tugs in KST's fleet, they will include fire-fighting capability. With these specifications, the tugs will be able to assist all types of vessels including VLCCs berthing at deep water berths. With the delivery of these two newbuildings at the end of the year, KST will have a combined fleet of 26 tugs ranging between 3,000 to 4,000 bhp.