• 2019 July 19 15:50

    East Mining Company to invest RUB 11.5 billion in development of its coal project in Sakhalin

    In 2019, East Mining Company (EMC) is to invest RUB 11.5 billion in development of its coal production and transport projects in Sakhalin including a coal terminal in Shakhtersk, Oleg Misevra, Chairman of EMC BoD, told IAA PortNews.

    These are investments to be made by EMC and its partners in the development of the coal mine, port, infrastructure and services.  About RUB 4 billion is to be invested in onshore and offshore facilities and in environmental activities in the port. 

    According to Oleg Misevra, part of investments are earmarked for  environmental programmes with some of them to cover purchase and maintenance of equipment.  

    Oleg Misevra emphasized that the scope of investments is planned to be increased amid the plans to build up the terminal’s throughput from 10 million tonnes to 20 million tonnes per year.

    EMC has earlier arranged offshore transshipment of coal at the port of Shakhtersk (Sakhalin). The company’s offshore terminal is able to accept ships of up to 300,000 tonnes in capacity.

    East Mining Company is among major Russian exporters of brown coal to countries of Asia-Pacific region.

    It controls the full cycle from the extraction to the shipment of the product. The company’s key production assets are Solntsevsky coal mining site (Uglegorsk district of Sakhalin region) and, from 2013, the coal seaport of Shakhtersk, that has the status of a free port.

    The company is implementing an investment project on boosting coal production and shipments in the Sakhalin Region to 12 million tonnes per year. In March 2018, EMC-Transport Systems became a resident of the Free Port of Vladivostok.

    Related link:

    East Mining Company eyes arranging offshore transshipment of coal in Kamchatka under Tata project >>>>




2020 January 20

14:26 Port of Kiel concludes last year with good results
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13:07 Geothermal energy research in Port of Rotterdam enters next phase
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12:37 Average wholesale prices for М-100 HFO up to RUB 10,074 in RF spot market
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11:05 17 Carriers and ports release Boao Cooperation Initiative 2020
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10:36 MABUX: Bunker market this morning, Jan 20
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09:55 Buenos Aires, Argentina to host LNG Latin America 2020 International Congress on 17-18 June
09:32 Brent Crude futures price is up 1.3% to $65.69, Light Sweet Crude – up 1.14% to $59.25
09:14 Baltic Dry Index is down to 754 points

2020 January 19

18:07 TORM increses its share capital due to exercise of Restricted Share Units as part of the Company’s incentive program
17:57 USCG halts illegal charter in Sarasota Bay
14:27 Torqeedo and ZF cooperate on new emission-free electric propulsion for water taxis and ferries
12:39 Kalmar delivers to Medcenter Container Terminal its 200th straddle carrier
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2020 January 18

15:38 Port NOLA sets new container record in 2019
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2020 January 17

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16:50 BIMCO expands ice information service
16:27 A record year for cruise expected at Port of Southampton
16:02 Qatargas delivers first Q-Flex LNG cargo to Summit LNG FSRU in Bangladesh
15:49 Tallink Grupp sets group-wide CSR strategy and sustainable operations goals
15:23 RUB 127.57 billion of federal budget allocations approved for construction of Leader-class icebreaker
15:02 Dublin Port unitised trade up 3.6% in 2019
14:48 Seaspan Shipyards hosts ceremonial keel laying for the Royal Canadian Navy’s future Joint Support Ship
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13:32 SAAM agrees to acquire 70% of Intertug, a towage operator in Colombia, Mexico and Central America
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12:20 Russian Maritime Register of Shipping reports its key 2019 results
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11:38 KHI delivers LPG carrier PHOENIX GAIA
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09:56 Brent Crude futures price is down 0.05% to $64.59, Light Sweet Crude – down 0.03% to $58.5
09:33 Bunker prices go down at the port of Saint-Petersburg, Russia (graph)
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2020 January 16

18:37 CMA CGM announces FAK rates from India and Sri Lanka to North Europe and the Mediterranean
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