The project of a new deep-water region of the Arkhangelsk port in the north of Russia was presented to the state-run Vnesheconombank (Bank for Development and Foreign Economic Affairs, or VEB) as one of the projects competing for federal funding, informs PortNews agency. The project includes construction of a modern transport hub consisting of four […]
Tag: Russia
Fair Winds to Ust-Luga Cup 2018 teams!
The Ust-Luga Cup 2018, the Baltic Sea regatta of Russian ports and their partners, starts today in Hanko, Finland, informs the regatta’s official website. The 8-days sailing event will link the ports of Hanko, Helsinki and Tallinn and will end up with an award ceremony in the centre of St. Petersburg, Russia. The Cup’s general […]
Container traffic of Russian ports grows 12.6% in Q1 2018
Container throughput of Russian seaports in January-March 2018 continued growing: +12.6% to the same period of 2017. The ports overall handled 1.198 mln TEU, reports InfraNews agency quoting the data of the Russian Sea Commercial Ports Association. The first quarter last year also recorded a rather high increase over 2016: +11.8%. This demonstrates a gradual […]
VSC expands its rail offer with a new service to Uzbekistan
Vostochnaya Stevedoring Company (VSC), belonging to Russia’s leading container terminal operator Global Ports and operating one of the largest container facilities in the Russian Far East at the Vostochny port, has launched a container rail service to Uzbekistan. The pilot block train was formed at VSC using VSC’s own platform wagons. On 29 March 2018, […]
Security against cargo flows at 2018 FIFA World Cup Russia
Russian stevedoring companies, following the notifications of the respective port authorities, have begun informing their clients that they suspend handling dangerous goods of all classes from 25 May till 25 July, due to increased security measures imposed by the Russian government for the period of the FIFA World Cup, Russian business daily Kommersant informs today. […]
Russian major container port operator changes shareholders
Delo Group, one of the leading Russian stevedoring companies operating grain and container terminals in the port of Novorossiysk on the Black Sea, announces the acquisition of a 30.75% stake in Global Ports Investments PLC (Global Ports), Russia’s largest operator of container terminals. The deal, which was initially announced at the end of December 2017, […]
One of the major Russian port owners arrested
FESCO Transportation Group offices in Moscow and Vladivostok as well as the Vladivostok Sea Commercial Port (VSCP) were searched on March 30 and 31 as part of the investigation proceedings against Ziavudin Magomedov, owner of Summa Group, the major shareholder of FESCO and VSCP. Both FESCO and the Port confirm business as usual and state […]
Vladivostok port grows: drafts increased, container volume up 42%
Vladivostok Sea Commercial Port (VSCP), part of FESCO Transportation Group, completed one stage of the container terminal berth reconstruction project, informs the port’s press service. The modernization project involved repairing the existing quay equipment and installation of new marine fenders allowing the terminal handle vessels with larger drafts. Thus, the maximum allowable draft at container […]
APMT CEO is elected as Global Ports Chairman
Global Ports Investments PLC (Global Ports), the leading operator of container terminals in the Russian market, has announced that on Monday, 26 February 2018, the company’s Board of Directors elected Mr. Morten Engelstoft, CEO of APM Terminals, as the new Chairman of the Board. Mr. Engelstoft will take over from Mr. Peder Sondergaard who left […]
Lugaport multipurpose terminal to be built in Ust-Luga, Russia
Novotrans Group of companies, one of the largest Russian operators of rolling stock and providers of freight railway logistics, intends to build an international terminal at the Ust-Luga port to handle export grain flows, export and import of foodstuffs as well as general and bulk cargoes. The project of LUGAPORT multipurpose terminal will be presented […]