• 2018 March 14 16:13

    Pilot concession projects officially launched at the seaports Olvia and Kherson

    In the framework of the implementation of pilot concession projects at the seaports Olvia and Kherson, the Coordination meeting with a consortium of international consultants was held yesterday at the Ministry of Infrastructure of Ukraine. The consortium of international consultants were elected by the EBRD to develop feasibility studies and prepare tender documents for both projects.

    Volodymyr Omelyan, the Minister of Infrastructure of Ukraine headed the coordination meeting. Representatives of the Ukrainian Sea Port Authority, the project office SP3ILNO, Ukrzaliznytsia, SE SC «Olvia», SE "Kherson Sea Port",  Nadiya Kaznacheyeva, the advisor to the Minister,  representatives of the EBRD and IFC international team and experts from the best international companies took part in the meeting.

    “Today, on March 13, a new phase in the implementation of pilot public-private partnership projects (PPP) in Ukrainian seaport industry starts. The Ministry is glad to announce the official launch of the two pilot PPP projects — in SE «Stevedoring company „Olvia“ and SE „Kherson sea port“, which will open the concession path and, we hope, will benefit to the modernization of the industry. In the coming weeks, a team of experts and consultants will begin the development of feasibility studies for projects. This stage requires special attention. We are convinced that a structured and transparent process that regulates interaction between government and business is important for both sides», — the Minister of Infrastructure of Ukraine said.

    Volodymyr Omelyan stressed, that the Ministry of Infrastructure of Ukraine initiated the development of the draft law «On Concessions», which wasapproved by the Government at the end of 2017 and should to be submitted to the Parliament in March 2018.

    «Concession projects in the ports of Olvia and Kherson are very important not only for the ports and industry, but for the state too. If these projects will held successfully — this will be an unequivocal success for Ukraine and a signal for foreign investors. And if the projects will fail, then we can forgot about the concession in Ukraine for years»,— the Minister stressed.

    Forasmuch as the seaports are an important component of Ukraine's transport infrastructure and export potential, the development of port infrastructure by attracting private investments is one of the strategic tasks of the Ministry of Infrastructure and the Ukrainian Sea Ports Authority.

    "Taking into account an international experience, the concession as a mechanism of public-private partnership is an effective method to attract private investments to the development of port infrastructure. But for Ukraine it is a quite new, and therefore requires detailed elaboration. The preliminary feasibility studies of projects was started at the end of 2016 and today, due to the joint work of the Ministry of Infrastructure of Ukraine, SP3ILNO office and USPA we proceed to the final preparatory stage of concession project implementation in Olvia and Kherson ", — the head of the USPA Raivis Veckagans noted.

    The projects envisage attraction of private investments in the amount of up to USD 45 million for the modernization, re-equipment and increasing of the transshipment capacity of the SE "Kherson Sea Port ";  attraction of about USD 250 million for the construction of a new terminal and berths in the SE «Olvia». It will increase the capacity of cargo handling, ensure the development of the related infrastructure (railway station, electricity grids, roads), and, as a result, will increase economic activity in the region.

    With the support of the World Bank and the EBRD in May 2017, the development of preliminary feasibility studies of pilot concession projects was successfully completed, which showed the expedient of further detailed development  of feasibility studies.

    At the end of 2017, a Memorandum of cooperation between the Ministry of Infrastructure of Ukraine and IFC was signed, as well as an agreement between the State Enterprise «USPA» and the EBRD on further preparation of feasibility studies.

    In February 2018, the EBRD elected a consortium of international consultants to develop feasibility studies and prepare tender documents for both projects.

2018 March 23

12:10 BMT teams with BAE SYSTEMS and CAMMELL LAIRD to deliver additional Type 45 Power Generation
11:49 29 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on March 22-23
11:30 TechnipFMC and Magma Global to enter into a strategic collaboration agreement for hybrid flexible pipe
10:55 BMT and ARES to deliver a further 9 vessels for the Qatari Coastguard
10:44 Port of Rotterdam Authority invests in Port railway line capacity expansion
10:20 Brent Crude futures price up 0.93% to $69.55, Light Sweet Crude – up 1.09% to $65
09:59 Port of Rotterdam Authority starts construction of Container Exchange Route
09:37 Bunker prices continue surging at the Port of Saint-Petersburg, Russia (graph)
09:16 Baltic Dry Index is flat at 1,117 points

2018 March 22

18:18 Global fuel market to remain relatively stable next week, expert says
18:03 Port of Klaipeda (Lithuania) handled 7.25 million tonnes of cargo in 2M'18, up 6% Y-o-Y
17:45 Transas to return all funds received under state support programme in 2016-18
17:12 Germany based firm offers AIS vessel management tracking systems preventing IUU fishing
16:51 Investments of Tuapse Sea Commercial Port in production development totaled RUB 343 million in 2017
16:30 Rolls-Royce completes the £1.3 million MAXCMAS research project
15:59 Nitrogen deposition in the oceans needs further study
15:30 Acta Marine newbuild successfully completed sea trials
14:30 APL starts new India Pakistan Express 2 Service
14:04 RF Transport Ministry defines procedure for approval of widespread minerals production at Russia’s IWWs
13:33 Open simulation platform launches with new partners
13:12 Volga Shipping Company named “Industry Leader” in “Cargo Shipping Company” nomination
12:58 Wärtsilä Seals & Bearings joins the Green Award scheme in support of clean environment
12:48 WMU Board of Governors meets in Turkey
12:25 MAN Diesel & Turbo partners with Hyundai to build new test-engine facility in Ulsan
12:00 Workshop on prevention and control of shipping and port air emissions being developed as part of GloMEEP-IAPH partnership
11:36 19 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on March 21-22
11:21 Russian Trade and Economic Development Council sign MoU to further strengthen commercial ties with Abu Dhabi Ports
11:14 Bunker prices are flat at the Far East ports of Russia (graph)
10:53 The Maritime Standard announces a special discount for the 2018 Awards
10:27 Brent Crude futures price up 0.01% to $69.48, Light Sweet Crude – up 0.09% to $65.23
10:05 Ukraine’s water transport carried 1,000 passengers in 2M’18, down 64.7%, Y-o-Y
09:41 Cargo transportation by Ukraine’s water transport grew by 41.2% to 0.3 million tonnes in 2M’18
09:19 Baltic Dry Index down to 1,117 points

2018 March 21

18:29 Wight Shipyard wins second order for fast ferry duo from Mexican ferry operator
18:16 Dorian LPG announces third Japanese financing
18:14 GasLog Partners LP announces acquisition of GasLog Gibraltar for $207 million and repayment of intercompany loan
18:04 ABP South Wales achieves new ISO 9001:2016 standard for bulk handling operations
17:42 Port of Gdansk to breathe new life into Dworzec Drzewny Quay
17:20 ABB wins contract to equip two next-generation shuttle tankers with future-proof solutions
17:13 Finnlines decides to exercise the options to lengthen two more ro-ro vessels
17:03 Throughput of Chinese ports up 4.7% to 1.45 billion tonnes in 2M’18
16:39 Pavel Bezmaternykh elected as Director of Eastern-Siberian Inland Navigation Company
16:18 Port of Gdansk overhauls its quays
16:00 Novikombank provides a $100 million loan to STLC
15:47 Huntington Ingalls names two vice presidents
15:21 Gulf Island Fabrication secures contracts for two specialized vessels
15:04 Seatrade Maritime Middle East 2018 to be held in Dubai on 29-31 October as part of UAE Maritime Week
14:42 LUKOIL’s profit in 2017 more than doubled YoY to RUB 418.8 bln
14:23 Wärtsilä and Crowley extend maintenance agreement for 11 articulated tug barges
13:56 IMO launches a video outlining how GMN initiative is uniting MTCCs into a global network
13:29 Ulstein built SOV Acta Auriga completes sea trials
13:11 Dubai will host MARACAD Maritime Innovation Awards on 3 October 2018
13:02 MARACAD 2018 will be held in Dubai on 2-3 October
12:30 17 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on March 20-21
12:09 Port of Quebec to cooperate with Port of Zeebrugge
11:47 Port of Immingham and partners hosted Driving Safety Forward forum
11:39 Vostochny Port JSC exported 5 million tonnes of coal YTD (photo)
10:50 Claimants and defendants in the case on allision of Delta Pioneer tanker with a pier at Primorsk port come to amicable agreement
10:31 Finnlines plans to lengthen two more Ro-Ro ships
10:15 Brent Crude futures price up 0.24% to $67.58, Light Sweet Crude – up 0.25% to $63.7