• 2017 May 24

    Vitaly Gvozdev: We have designed a crab boat for the first time in Russia

    New Russian design company Nordic Engineering JSC established by a large German shipbuilder, Nordic Yards Holding GmbH, has obtained from its parent company the most advanced technologies and entered the market of Russia. Today, this fully Russian engineering company has asserted itself with a unique project of a crab boat that can cost just $10-12 mln, says Vitaly Gvozdev, Director General of Nordic Engineering JSC.

  • 2017 May 23

    Investors will not be scared away

    The main concern about availability of stevedoring services is associated with the deficit of transshipment facilities for certain cargoes. The issue can be dealt with only through investments into development of the facilities while interference of state authorities just scares away potential investors. To ensure the market balance, free capacity should make 25-30% of total terminal capacity, believes the Ministry of Transport.

  • 2017 May 16

    Yalta to welcome cruises

    The port of Yalta is going to become profitable in 2017 after a loss of RUB 156 mln. The Port Director Denis Volkov is set to build up transshipment of cargo delivered from mainland Russia and make transportation of tourists by the port’s own fleet surge six times, not including the plans on Sochi – Yalta ferry service. That will be facilitated by the recent launching of the port reconstruction with budget allocations of RUB 2.6 bln.

  • 2017 May 12

    10-percent growth

    In the four-month period of 2017, throughput of Russian seaports grew by more than 10%, which exceeds the average growth of recent years. Key drivers of that growth are coal, grain and crude oil from the Novoportovskoye field, despite the OPEC oil production cut agreement.

  • 2017 May 5

    Regulate and rule

    Reports on operation of Russian ports and cargo handling have recently settled among the most important news of the business industry. Sea terminals bring a significant share of income to coastal regions. No wonder that privatization of the two ports - Novorossiysk and Makhachkala – have excited the public so much. Although some authorities call on to release stevedores from excessive state regulation, others, namely the Federal Antimonopoly Service, resist this in every possible way, and the reasons for this are not entirely unclear to the market.

  • 2017 April 27

    Strategy game of Saint-Petersburg

    The development of Petrolesport container terminal has been given a status of a strategic project by Saint-Petersburg Administration. However, amid the excessive container facilities the capacity of which is twice as high as even the long-term requirements, this project does not seem to be economically expedient. It is quite possible that the project is focused on the sale of land though Global Ports does not confirm that.

  • 2017 April 21

    Absolute record without a single incident

    Sergei Safonichev, head of FSBI Azov Sea Ports Administration, tells IAA PortNews about the winter navigation season and current plans of ASPA.

  • 2017 April 18

    Financing of shipbuilding projects

    Eternal problem of Russian economy is the inaccessibility of "long" and cheap money, which has the highest impact on industries with long payback periods. Shipbuilding is among them. Starting from 2009, the problem has been handled through subsidies provided to cover the leasing interest rates, budget financing of manufacturers and leasing companies with preferential interest. Now the discussion has unfolded around an even larger leasing program.

  • 2017 April 17

    Sovcomflot switches to gas

    SCF Group, in partnership with Shell, initiated the transfer of an entire segment of tanker market to more efficient, "green" technologies. In June 2018, SCF will start operating Aframax tankers powered by LNG. Experts agree that this decision opens a new phase in the development of maritime fleet.

  • 2017 April 10

    Yevpatoria makes it to reconstruction

    State expert evaluation authority Glavgosexpertiza has approved the project on reconstruction of the commercial seaport of Yevpatoria for RUB 525 mln. IAA PortNews finds out that it will cover only part of the port’s demands...