• 2018 May 21 17:35

    Preliminary preparation stage for concession on Northern Latitudinal Railway completed

    Russian Railways says a working meeting has been held on the implementation of the Northern Latitudinal Railway project.

    Taking part in the meeting were Russia’s acting Minister of Transport Maxim Sokolov, the CEO and Chairman of the Board of Russian Railways Oleg Belozerov, the Governor of the Yamal-Nenets Autonomous District Dmitry Kobylkin, representatives of the future Northern Latitudinal Railway concessionaire, the Public Joint Stock Company (PJSC) Gazprom and other parties to the project.

    At the meeting, which was held in Salekhard in north Russia Top of Formon 11 May 2018, the participants finalised the main conditions and parameters of the concession scheme and signed the final protocol.

    The participants also noted that all the documents necessary to start the construction of the Northern latitudinal Railway were ready for submission to the Government of the Russian Federation for a decision.

    At the moment, the potential concessionaire is currently completing design and survey work in order to begin construction work in 2019.

    As part of the concession, more than 350 kilometres of railway track and bridges across the Ob and Nadym rivers will be built.

    The construction work is scheduled for completion in 2023.

    According to the meeting participants, the project’s implementation fully corresponds to one of the key tasks set by the President of Russia Vladimir Putin in the decree "On National Goals and Strategic Tasks in the Development of the Russian Federation during the Period until 2024" – that of increasing the degree of economic coherence across the country's vast territory.

    After the meeting, Maxim Sokolov, Oleg Belozerov and Dmitry Kobylkin took part in a ceremony to lay a memorial capsule in the foundation of the future bridge over the Ob River.

    "Today we are not only making a symbolic start to the construction of a bridge across the Ob, but are also opening up a new large-scale stage in the development of Russia’s transport infrastructure. The construction of the Northern Latitudinal Railway will change the picture of transportation across the whole country," concluded Oleg Belozerov during the meeting.

    The construction of the Northern Latitudinal Railway is scheduled for 2018-2023. The projected volume of transportation is 23.9 million tons, consisting mainly of gas condensate and oil products.

    The Northern Latitudinal Railway will be implemented on the principles of a Public-Private Partnership (PPP) in the form of a concession.

    In global practice, PPPs are the most progressive form of implementing such large capital-intensive projects, facilitating the provision of financing and rationally distributing the risks between the participants.

    In the framework of its investment programme, Russian Railways will carry out the reconstruction of the adjacent sections of the Konosh - Kotlas - Chum - Labytnangi stretch on the Northern Railway, including Ob station, and the Pangody - Novy Urengoy - Korotchaevo railway line, which is part of Sverdlovsk Railways.

    PJSC Gazprom will complete the construction and commissioning of its own 104 km Nadym - Pangody railway line

    Under the concession agreement, a special project company called SPK-Concessionaire will provide the financing, construction and operation of the Obskaya-Salekhard-Nadym line. A railway section of the bridges across the rivers Ob and Nadym and the approaches to them will be built, as well as a new 353 km Salekhard-Nadym railway section.

    The administration of the Yamalo-Nenets Autonomous District will be an investor in the construction of the automobile section of the bridge across the Ob and will provide the necessary project documentation.

    Yamalo-Nenets will also provide federal property with the plots of land needed for the construction of the road, and will ensure that construction workers have access to water bodies and forest areas. The Autonomous District will also make available benefits on the property tax.




2018 June 19

18:06 100 million dollars to link the Nile with Suez Canal Region
17:03 DNV GL partners with the EU and Government of India to bring offshore wind to the Indian market
16:32 CMA CGM deploys its innovative solution for containers tracking, TRAXENS by CMA CGM
16:18 APM Terminals ‘Cool port’ barge service speeds up distribution from Rotterdam
16:02 Multraship acquires an ASD Tug from Med Marine for Terneuzen operations
15:32 Koper remains the most important port for Austria
15:02 CMA CGM announces GRR from East Coast South America to Africa, Gulf and West Coast North of India
14:32 Port of Oakland import volume flat in May 2018
14:25 Europort Romania maintains its position as the premier Black Sea martime event
14:02 British Ports Association comments on new report on Northern ‘Free Ports’ strategy proposal
13:32 Port seeks to double rail volume with Railport Antwerpen
13:02 Rijkswaterstaat awarded Van Oord the contract to dredge Marker Wadden channel
12:32 MOL to make full-scale move into subsea support vessel business by acquiring stake in AKOFS of Norway
12:28 HELCOM Heads of Delegation approve Baltic Sea Action Plan update process and welcome new HELCOM Chair
12:02 Bunker prices continue growing at the Far East ports of Russia (graph)
11:37 Damen and Saab announce partnership to participate on the tender for the Tamandaré Class Corvette
11:34 Saturnus, first vessel in the Evolution series, launched at AVIC
11:09 Marine Technics and Alexeev’s Hydrofoil Design Bureau extend joint projects
10:45 Arctia appoints Senior Vice President for Offshore and Marine Services
10:23 Brent Crude futures price down 0.64% to $74.86, Light Sweet Crude – down 0.62% to $65.28
10:01 Small missile ships of RF Navy’s Caspian Flotilla sail from Sevastopol to Mediterranean Sea
09:40 Rescuers of RF Navy’s Northern Fleet train in rendering assistance to submarine in Kola Bay
09:16 Baltic Dry Index up to 1,442 points

2018 June 18

18:12 Azerbaijan Caspian Shipping Company takes part in TransCaspian/Translogistica 2018
17:57 Legislative amendment promotes automatisation tests in maritime transport with regard to manning and watchkeeping
17:35 First major forum on the new Silk Road organised by the Port of Marseille Fos
17:05 Aker Solutions teams up with SAP for next steps in digitalizing its business
16:45 HMM signs Letter of Intent for its mega containership orders
16:24 Victor Olersky handed in his resignation notice
16:18 European Council extends sanctions on Crimea and Sevastopol for another year
16:05 DryShips announces agreements to sell two older Panamaxes
15:40 Tuapse Commercial Seaport elected seven BoD members
15:33 Poland holds World Maritime Day Parallel Event
15:13 IMO member states must progress on key sulphur cap issues at critical meeting in July
14:59 Average wholesale prices for М-100 HFO down to RUB 17,923 in RF spot market
14:13 Navios Maritime Containers announces acquisition of five containerships and options to acquire four additional containerships
13:35 Maersk launches a new line to the Middle East from Fos
13:00 Aker Arctic demonstrates autonomous vessel in model tests
12:36 ABB to improve Edda Fides floating hotel safety with leading digital technology
11:47 Freeport of Riga Authority and Port of Rotterdam Authority sign cooperation agreement
11:24 Port of Tallinn signs MoU with the City of Tallinn for development of the Old City Harbour area
11:01 Dorian LPG Board declines BW LPG'S unsolicited proposal
10:25 Brent Crude futures price down 0.76% to $72.88, Light Sweet Crude – down 1.73% to $63.73
10:12 Capital Product Partners L.P. announces new period charters for four of its product tankers
10:03 Port of Silloth invests £250,000 in new solar farm on Marshall Dock
09:41 Fishers fatalities give impetus to fishing vessel safety work
09:18 Baltic Dry Index up to 1,445 points

2018 June 17

18:40 Port of Oakland's largest terminal operator OK new lease to 2027
18:38 GoodBulk Ltd. announces delivery of Capesize vessel
18:32 Navios Maritime Partners announces sale of containership and options to sell four additional containerships

2018 June 15

18:35 Hapag-Lloyd implements Peak Season Surcharge from Mediterranean to USA
18:05 Wallenius Wilhelmsen Ocean adds Adelaide on the Australia service
17:54 Throughput of port Kaliningrad in 5M’18 up 12% Y-o-Y to 6.05 million tonnes
17:35 GTT conducts two FEED studies on two types of Gravity Based System
17:20 Throughput of port Vyborg in 5M’18 up 22% Y-o-Y to 610,900 tonnes
17:05 Port of Koper officially part of the New Silk Road
16:40 Yantar Shipyard launches yet another trawler of Project SK-3101R
16:35 Port of Long Beach volume up to 687,427 TEU in May 2018
16:05 Royal IHC joins PortXL
15:45 Throughput of port Vysotsk in 5M’18 declined by 3% Y-o-Y to 7.49 million tonnes