Russia News

26 Mar 2019

PDVSA Oil Port Paralyzed by Another Blackout

Venezuela's main oil export port of Jose and the country's four crude upgraders have been unable to resume operations following a massive power blackout on Monday, according to industry workers and a union leader close to the facilities.The most recent oil shipment for export, on the carrier Dragon chartered by Russia's Rosneft, left Jose, which is owned by state-run PDVSA, on March 24, according to Refinitiv Eikon vessel-tracking data and PDVSA's trade documents."There is no electricity, everything is paralyzed," oil workers' union leader Jose Bodas told Reuters on Tuesday.The blackout, Venezuela's second major power outage in a month…

25 Mar 2019

New COSCO Service Between UK, Europe, Russia

Pic: DP World Southampton

Chinese state-owned shipping and logistics services supplier company COSCO Shipping Lines announced a new COSCO feeder service from St Petersburg, Russia will begin calling at DP World Southampton."COSCO is to introduce a new weekly call at DP World Southampton, as part of a rotation including St Petersburg, Russia; Kotka, Finland; Southampton, UK; and Rotterdam, Netherlands," said a press release.The news comes after COSCO confirmed in February that DP World Southampton will be a permanent call on its feeder service.

25 Mar 2019

EMAR Offshore Welcomes New Harbor Tug

Netherlands-based maritime service company EMAR Offshore Services welcomed a new vessel to its fleet. The Damen ASD Tug 2811, named E-TWO, was ordered in November 2018 with a special request for the installation of an additional FiFi1 system, aft winch and hydraulic crane.This ASD Tug 2811, one of Damen Shipyards Group’s ‘next-generation’ harbor tugs, will be deployed for assisting in the berthing and unberthing of industrial vessels in major ports.Johan van Beek, Managing Director of EMAR Offshore Services…

22 Mar 2019

US: Russian Ship Suspected of Aiding N.Korea

The U.S. government has named a Russian ship on a list of vessels suspected of providing fuel to Pyongyang, a month after Reuters reported the same ship violated sanctions by carrying out a clandestine transfer to a North Korean tanker.The Treasury Department, which oversees U.S. sanctions, included the Russian vessel, the Tantal, on a new list of "vessels believed to have engaged in ship-to-ship transfers with North Korean tankers."The list was included in updated https://www.treasury.gov/resource-center/sanctions/Programs/Documents/dprk_vessel_advisory_03212019.pdf guidance on addressing North Korea's illicit shipping practices published by the Treasury's Office of Foreign Assets Control (OFAC).

21 Mar 2019

Wintershall: Expanding Offshore Brazil

BASF's oil and gas subsidiary Wintershall  said it would build up its presence in the Brazilian offshore oil sector this year where it won exploration licences in 2018."It is part of our growth course that we are also active in new regions, and Brazil offers great potential," said chief executive Mario Mehren at the company's annual news conference.First results of seismic measurements in three blocks of the Potiguar basin to be operated by Wintershall are expected by mid-2020, he said.Wintershall, which is due to merge with rival DEA in the first half of this year, would also invest in the expansion of gas and oil in its core regions Russia, Norway, Argentina, the Middle East and Germany, he said. (Reuters reporting by Vera Eckert, editing by Riham Alkousaa)

21 Mar 2019

China Builds 30,000-tonne Nuclear-Powered Ship

Russia's icebreaker. Image: Rosatom State Atomi? Energy Corporation ROSATOM

China is working to develop a 33,069-ton nuclear icebreaker, which would be even bigger than the epic nuclear-powered vessels built by Russia.South China Morning Post reported that while the purpose of the ship has not been specified, the plan is to have a 152-metre long, 32-metre wide and with a displacement of 30,000 tonnes.China General Nuclear Power Group (CGN) has invited bids for the contract to build the vessel and it is described in the tender documents as an “experimental platform”.The deadline for interested parties to tender was Wednesday (yesterday)…

11 Mar 2019

US to Lead Oil Supply Growth to 2024

Dr Fatih Birol (center) and IEA Oil Analyst Toril Bosoni (right) present the findings from Oil 2019 in Houston at CERA Week on 11 March 2019 (Photograph: Getty Images)

The United States is set to drive the global oil supply growth over the next 5 years, thanks to the strength of its shale industry, triggering a rapid transformation of world oil markets, according to the International Energy Agency (IEA).IEA said that oil exports from the United States will overtake Russia and close in on Saudi Arabia, bringing greater diversity of supply, by the end of the forecast.While global oil demand growth is set to ease, in particular as China slows down, it still increases an annual average of 1.2 mb/d to 2024, according to the report, Oil 2019.

10 Mar 2019

Russian Share of European Gas Growing

Graphics: Rystad Energy

With gas supplies growing at a faster rate than domestic demand, Russia can increase pipeline and liquefied natural gas (LNG) exports to Europe, said a report.Russia’s gas production has been steadily increasing since the low of 611 Bcm in 2015, and reached 695 Bcm in 2018, according to a report form Rystad Energy, an independent energy research and business intelligence companyMature fields exhibit relatively high decline rates, but volumes from the recent start-ups and discoveries in Yamal, East Siberia and the Far East are expected to offset the decline.

07 Mar 2019

U.S. LNG Exports Soar, Europe a Big Buyer

File image: LNG tanker transiting the Med (Credit: Robert Murphy)

U.S. LNG to Europe may squeeze out smaller gas suppliers.Shipments of U.S. liquefied natural gas (LNG) have gathered pace in March and Europe is set to stay a top destination for spot cargoes with Asian prices still too low to ship the chilled fuel that far.But winter demand for gas is fading, while steady supplies of gas and LNG have kept inventories well stocked, depressing European gas hub prices. This has raised the question: how many more cargoes can Europe absorb?Suppliers of U.S.

06 Mar 2019

Pioneering Spirit Shifts to the North Sea

Pioneering Spirit transports the drilling platform topsides for Equinor’s Johan Sverdrup development (Photo: Allseas)

The world's largest heavy lift and pipelay vessel, Pioneering Spirit, will take a temporary pause from Nord Stream 2 pipelaying activities in the Swedish Exclusive Economic Zone to perform planned platform lift work in the North Sea.The Allseas-owned vessel, which in 2018 installed the 22,000 t drilling platform topsides for Equinor’s Johan Sverdrup development on the Norwegian continental shelf, will now return to the field to install the 26,000 t processing platform topsides and the 18,000 t living quarters platform topsides.

01 Mar 2019

Fire Breaks out on USCG's Polar Star

Image Courtesy US Coast Guard

It seems the U.S. cannot do enough to fast-track the construction of its new icebreaking fleet, as the USCG announce last night that the 150-member crew of the U.S. Coast Guard Cutter Polar Star fought a fire at approximately 9 p.m. PST Feb. 10 that broke out in the ship's incinerator room about 650 miles north of McMurdo Sound, Antarctica.After initial response efforts using four fire extinguishers failed, fire crews spent almost two hours extinguishing the fire. Fire damage was contained inside the incinerator housing…

01 Mar 2019

Zvezda Shipbuilding Gets USD3.09bln

Image: Zvezda Shipbuilding

Over 202 billion rubles ($3.09 billion) will be allocated for the construction of the Zvezda shipbuilding complex in Russia's Far Eastern Primorsky Region, of which 66 billion rubles have already been given.According to Sputnik, the Zvezda shipyard, once completed, will comprise production facilities and workshops for that will be used to build marine equipment, including gas carriers, tankers and nuclear icebreakers.The report quoted Russian Deputy Prime Minister Yury Borisov…

28 Feb 2019

Russia Ships Record High LNG Volumes to Europe

Photo courtesy of Novatek

Russia delivered a record amount of liquefied natural gas (LNG) to Europe in February, becoming the biggest supplier of the chilled fuel to the continent for the first time.A total of 19 cargoes, or 1.41 million tonnes, of LNG from the Yamal LNG plant in Russia's Arctic reached regasification terminals in Europe in February, with the majority of those going to northwest Europe, Refinitiv Eikon data shows.This is the largest monthly amount of LNG from Yamal to arrive in Europe since the plant was launched in Dec.

19 Feb 2019

Oldendorff Readies for Ship Recycling Regs

Image: Oldendorff Carriers

The dry bulk operator Oldendorff Carriers has entered into an agreement with GSR Services and Korean Register (KR) for the development and certification of Inventory of Hazardous Materials (IHM) for their fleet for meeting tight EU - deadlines.From the end of 2020 onwards, the EU-Ship Recycling Regulation requires that all EU-visiting or EU-flagged ships have a certified IHM on board. With 30,000 to 40,000 ships being affected, IHM-Expert resources are expected to become scarce in the near future.Nils-Ole Vollmer…

19 Feb 2019

As Traders Tussle Turkmenistan Cuts Exports

© kamontad123 / Adobe Stock

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…

21 Feb 2019

Russia Struggles to Modernize its Navy

Yaroslav Mudry. Photo from kaliningrad.kp.ru

President Vladimir Putin calls improving the Russian navy's combat capabilities a priority.The unfinished husks of three guided-missile frigates that have languished for three years at a Baltic shipyard show that is easier said than done.Earmarked for Russia's Black Sea Fleet, the frigates fell victim to sanctions imposed by Ukraine in 2014 after Russia annexed the Crimean peninsula, prompting Kiev to ban the sale of the Ukrainian-made engines needed to propel them.With Moscow unable to quickly build replacement engines for the Admiral Grigorovich-class frigates, construction stopped.

22 Feb 2019

Clean Arctic Alliance Warns Arctic Nations

Pic: Clean Arctic Alliance

Clean Arctic Alliance participated in a meeting of the International Maritime Organization’s (IMO) Sub-Committee on Pollution Prevention and Response (PPR 6) in London and hailed the progress towards HFO Free Arctic.However, the international NGOs working for a ban on heavy fuel oil (HFO) from Arctic shipping called on Arctic Nations Russia and Canada to step-up to their responsibilities by adding their support for a ban on HFO from use by Arctic shipping, and for Finland, Sweden…

28 Feb 2019

LNG Only Fills Niches in Europe

Pic: Wintershall Holding GmbH

Although LNG (Liquid Natural Gas) provides a solid supplement to European gas supplies, the EU is and will remain a pipeline market – for good reasons, said Wintershall's new position paper.The report from Germany's largest crude oil and natural gas producer on the importance of liquid gas for Europe said that the liquefaction is highly energy-intensive – the energy consumption corresponds to about 13% of the gas transported.With an energy loss of less than five percent, pipelines are much more energy-efficient. Another argument for pipeline gas lay in its lower costs.

17 Feb 2019

Lloyds Approves New Scrubber Technology

Image: Value Maritime

The Netherlands-based Value Maritime has received the International Air Pollution Prevention (IAPP) certificate from Lloyds for its scrubber system.A press release from the engineering and ship financing company said that most of the tests required to obtain certification had been performed during installation."Since the Value Maritime scrubber uses a new innovative technology, we had to further demonstrate its performance outside SECA in order to receive class approval," it said."To this end…

17 Feb 2019

Belfast Harbour Hits Record Cargo in 2018

Pic: Belfast Harbour Commissioners

The major maritime hub in Northern Ireland Belfast Harbour handled a record 24.6 million tonnes of cargo in 2018, up 3.8% on the previous year thanks to a major increase in the number of freight vehicles passing through the port, which rose to a high of 532,000, latest figures show."Growth was led by a strong increase in freight vehicle carryings on Stena Line’s services to Great Britain, rising by 3% to a record 532,000 freight vehicles and for the second consecutive year more than 1.5m passengers passed through the Port…

19 Feb 2019

Black Sea Container Exports on the Rise

 Image: DP World, Romania – Constanta

Ukraine-based Informall Business Group in its latest Black Sea Container Market review reports a rise of 8.70% in loaded containers handling in the Black Sea container ports of Romania, Bulgaria, Ukraine, Russia and Georgia in 2018 as compared to 2017.Black Sea container terminals of the five countries handled 2927016 TEU in 2018, including empty containers, excluding transshipment. This review observes only full containers of the region – 2188153 TEU.In 2018, there was a laden container turnover increase in all countries of the Black Sea region.

20 Feb 2019

Sakhalin: Offshore Heavy Lift Refit

Photo: Liebherr

Large-scale conversion project on offshore platform Molikpaq operated by Sakhalin Energy.While the refit of heavy lift capacity onboard an offshore rig might sound mundane, Liebherr’s project to replace and modernize cranes on the offshore platform Molikpaq operated by Sakhalin Energy, a unit subjected to some of the world’s harshest conditions, is anything but mundane.The modernization project on Sakhalin Energy’s offshore platform off the Russian island of Sakhalin includes two ram luffing offshore cranes, type RL 1500 that are going to be completely renewed.

25 Feb 2019

Environmental Concerns to Lift LNG Demand

File Image: Credit QGTC

China LNG demand soars amid push to reduce pollution; LNG demand to reach 384 mln tonnes in 2020 -Shell.Global liquefied natural gas (LNG) trade is set to rise 11 percent this year as China leads a global drive to reduce pollution and tackle carbon emissions, Royal Dutch Shell said in an annual LNG report on Monday.Shell's forecasts, which see LNG demand rising to 354 million tonnes this year and to 384 million tonnes in 2020, reflect a burgeoning industry with new production facilities opening in Australia…

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