• 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 August 16

18:45 Kalashnikov Concern’s Vympel Shipyard lays freezer trawler of Project T30
18:06 Port of Dover awarded contract to Solent Marine Ltd to design and fit-out Dover's new marina
17:32 Maersk Line announces rates from Far East Asia to West Africa
17:06 Hapag-Lloyd increases reefer fleet by 11,100 containers
16:56 DFDS orders additional freight ferry (ro-ro) newbuilding from the Chinese Jinling Shipyard
16:52 Sovcomflot’s shuttle tanker Governor Farkhutdinov ships 600th crude oil cargo for Sakhalin-2
16:03 CMA CGM announces GRR from Asia to Mozambique
15:47 Taganrog Sea Commercial Port's H1 2018 employee benefits and rewards programme totals RUB 2.2 million
15:31 Melbourne port operator ICTSI may be investigated by State and Federal authorities
15:09 Bunker prices at Far Eastern ports remain flat
14:33 CMA CGM announces GRR from Asia to Indian Ocean
14:27 MABUX: Bunker prices may change irregular next week
14:13 Maersk Line announces rates from Far East to North Europe
13:42 First ever S-T-S loading of 70000dwt Panamax coal carrier performed at Shakhtersk harbour transshipment location in Sakhalin
13:32 More investment contracts at the Port of Gdansk
13:02 Wärtsilä equipped Canadian ferry will have minimal environmental impact
12:16 Damen Shipyards Galati celebrates 125 years
12:09 Okskaya Sudoverf Shipyard launches 6th serial barge of Project ROB20
12:03 Boskalis presents half-year results and terminates loss-making low-end transport activities
11:59 Port of Oakland container volume up 3.6 percent in July 2018
11:45 Rolls-Royce launches new battery system for ships
10:58 DP World revenue up 14.4% in H1 2018
10:57 VARD secures contract for one autonomous and electric-driven container vessel for YARA
09:39 EU NAVFOR mission operation commander visits Spanish MPRA in Djibouti
09:21 Baltic Dry Index gains to 1725 points

2018 August 15

18:33 Equinor extends partnership with The Arctic Race of Norway
17:56 Port Kavkaz seven-month volumes soar 30% Y/Y to 25.21 million tonnes
17:36 Russian Gov't to allocate RUB 500 million in subsidies to support small-tonnage fishing ships construction, Rosrybolovstvo says
17:34 Maersk Line to rise rates from Far East to East Coast South America
17:30 Yang Ming orders ten 2,800 TEU containerships
17:19 Nor-Shipping 2019 takes place in Oslo and Lillestrøm, Norway, from 04 to 07 June 2019
16:05 New Times Shipbuilding announces delivery of oil tanker
15:04 Rosrybolovstvo looks into building a series of three RVs as from 2020
15:04 Concordia Maritime AB announces interim report for H1 2018
14:12 Multipurpose Reloading Complex spends over RUB 600,000 on employee benefits and rewards programme
13:20 Konecranes to deliver more electric RTGs to Luka Koper in Slovenia
13:02 Join Marinet Conference at SMM 2018, Hamburg
12:32 Prime Minister Dmitry Medvedev gives green light to NLR construction project
12:01 WW Ocean presents new-look trade maps resembling public transit maps
11:15 Port of Vancouver posts H1 2018 results
10:41 Aker Solutions wins orders for Liuhua power umbilical systems in China
10:21 Nor-Shipping 2019 devotes entire hall to new focus on Blue Economy
10:05 Crude oil futures drop 0.22% to $72.3 in London and 0.48% to $66.72 in New York
09:29 Bunker prices at Port of St. Petersburg show mixed movements

2018 August 14

18:30 Hapag-Lloyd annonces General Rate Increase from East Asia to USA and Canada
18:12 FE Railways' loaded freight in Jan-Jul up 2% to 28.2 million tonnes
18:07 Hapag-Lloyd changes terminals at Genoa on its MPS service
17:47 British Ports Association launch Sustainable Development Resolution
17:45 Euro Tank Terminal extends jetty at the port of Rotterdam
17:31 MEYER WERFT holds float out procedure for cruise ship for AIDA Cruises
17:29 APM Terminals launches online customer platform in Bahrain
17:27 MED MARINE delivers a 24m ASD Tug from Turkey to Estonia
16:24 Offshore installation vessel starts work on Belgium’s largest offshore wind farm
15:44 Logistec Corporation declares quarterly drvidends on shares
15:21 Vessel Performance Optimisation Forum Singapore initial speakers announced
15:02 Danaos Corporation announces closing of comprehensive debt refinancing
14:16 Sea Port St. Petersburg earmarked over $337,000 for bonus and social responsibility programmes
14:13 TTS Group ASA secures new contracts for access equipment and cranes for two reefer vessels
14:06 Ports of Primorsk and Ust-Luga support green shipping, to implement incentives for LNG-powered ships as from August 15, 2018
13:39 Bunker prices in Far East seaports edge down