• 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 October 15

11:19 ABS leads industry discussion on digitization, safety and compliance
11:12 New shipping route links Gdansk and Scandinavia
10:51 Port of Gdansk considered as transport hub for Slovakia
10:29 Brent Crude futures price up 1.21% to $81.4, Light Sweet Crude – up 1.04% to $72.08
10:10 Tuco Marine Group to build a multipurpose first responder boat for Hovedstadens Beredskab I/S
09:53 Baltic Dry Index is up to 1,579 points
09:34 Gazprom and Shell discuss next steps in Baltic LNG project
09:15 Throughput of port Helsinki (Finland) in 9M'18 up 8.4% Y-o-Y to 11.38 million tonnes (table)
08:07 PIL terminates all calls to Iran due to US sanctions
07:06 ChainPORT hackathon held for the first time simultaneously in the ports of Antwerp and Los Angeles
06:16 Vinalines posts profit of US$900,000 in the first nine months of 2018

2018 October 14

09:19 CMA CGM announces FAK rates from Asia to North Africa
09:17 CMA CGM announces FAK rates from Asia to the Mediterranean
09:16 Port of Corpus Christi moves record tonnage in first nine months of 2018
09:12 Port of New Orleans receives Excellence Award for Master Plan

2018 October 13

09:06 OOCL fleet moves forward to meet IMO 2020 regulation
09:04 CMA CGM announces FAK rates from Asia to North Europe
08:56 Algoma announces cancellation of Croatian new build contracts
08:54 Panama Canal sets record annual cargo tonnage in fiscal year 2018

2018 October 12

18:07 Port of Antwerp on track for sixth record year
17:36 Strengthening of Kaliningrad seaway canal's embankment included in Russia’s territorial development strategy through 2025
17:08 Stena Bulk in partnership with Bay Crest Management for expansion in Asia
16:04 Groundbreaking ceremony marks start of work at DP World Berbera in Somaliland
15:52 LNG Croatia invited bids for import LNG terminal infrastructure
15:35 Azerbaijan Caspian Shipping Company continues expanding its operations in international waters
15:03 Maersk Line announces an increase in FAK rates from Far East to North Europe
14:47 Minister Berner: Finland strives to reduce emissions from shipping
14:03 CMA CGM to introduce new quarterly BAF for long term contracts from 1st of January 2019
13:44 LUKOIL commissions fifth well at Filanovsky field second stage
13:21 Ocean Network Express enters bilateral feeder network cooperation with Hapag - Lloyd
13:10 MOL consolidation service succeeds with trial of remote container tracking management device
12:28 Germany furthers support to WMU with Simulator Lab refurbishment
12:05 Yangzijiang Shipbuilding Group in China and Mitsui & Co., Ltd. to establish a shipbuilding joint venture
11:47 BPO pays a visit to the Port of Ust-Luga
11:26 Rosterminalugol exported 16 million tonnes of coal YTD
11:05 Grimaldi further boosts its freight services to Sardinia
10:54 Bunker prices continue going up at the Port of Saint-Petersburg, Russia (graph)
10:50 Port of Gothenburg starts construction of new terminal
10:30 Brent Crude futures price up 1.2% to $81.22, Light Sweet Crude – up 1.18% to $71.81
10:11 De Boer holds naming ceremony for Damen RSD WID Tug 2915 Hybrid Fregate and ASD Tug 2310 SD Papillon
10:09 Baltic Dry Index is down to 1,515 points
09:58 Damen signs for another three years as founding partner of the Nederlands Dans Theater
09:51 Fuel oil prices show no significant changes in the Far East ports of Russia (graph)
09:33 RF Government approves plan for modernization and expansion of core infrastructure
09:14 Vimpel Shipyard launches border patrol boat of Project 1496М1 built for FSB Border Guard Service

2018 October 11

19:00 Gasum becomes 100% owner of Skangas, consolidates its position as the leading Nordic LNG provider
18:36 FLEX LNG to enter into transaction to acqure five 5th generation LNG newbuildings
18:27 Caterpillar Marine announces the latest generation of azimuth thrusters - MTA v3
17:50 Cruise ship crash, ship grounding force watchdog to act
17:27 Economic value of UK ports industry highlighted by British Ports Association
17:22 Throughput of Russian seaports in 9M’18 grew by 4% Y-o-Y to 604.2 million tonnes (detalization)
17:06 PSP Investments welcomes new investment partners to Forth Ports
16:25 Marine Recruiting Agency to train Rosmorport employees
16:08 CMA CGM reaffirms its ambition to turn CEVA into a stronger logistics leader
15:59 MSC adds new rail service in Spain
15:24 MABUX warns bunker prices may be vulnerable amid the uncertainties on both the supply and demand side
14:36 Okskaya Sudoverf shipyard upgrades its equipment
13:58 In-built oil recovery system of IB Polaris undergoing tests – Arctia prepared to offer oil recovery services
13:25 Mitsui E & S Shipbuilding delivers 66,000 dwt type bulk carrier
12:49 Belarus sees Latvia as an exit to the sea