The conference “Port Infrastructure of Russia” will take place in Moscow, Russia on 22 March 2017. The conference is organized by the Russian business newspaper “Vedomosti” within the 8th annual conference “Barriers and points of growth for Russian transportation industry”. The topics to be discussed: Russian port infrastructure: current and perspective demands. Increase in port […]
Greece set March, 24th as a deadline for potential investors to submit binding bids for a sale of 67% in its second biggest port, Thessaloniki, reports Reuters quoting its sources close to the matter. It is also noted that previous deadlines were several times postponed due to disputes over the amount of mandatory investment and […]
The container throughput of Russian ports has grown by 1.4% in 2016, up to 3.99 mln TEU, reported the Association of Russian sea commercial ports. This is seen as a promising recovery after the last year’s fall by 25,4%. It may be reminded that the major drop in 2015 happened in imports (-28.5%), due to […]
The arrest of Valery Izraylit, Chairman of the Board of Directors of JSC Ust-Luga Company, has been prolonged for another 3 months, until April, 21. As we wrote earlier, Valery Izraylit was arrested in St. Petersburg, Russia on December 29, 2016 and charged with embezzlement of RUR 1.5 bln (USD 25.3) allocated for the development […]
International transportation group UCL Holding owning a number of Russian stevedoring companies in the ports of St. Petersburg, Ust-Luga, Taganrog and Tuapse, announced its 2016 results. According to the company’s press release, the total handled volume increased by 3%, up to 34.1 mln tons, the growth explained by a huge leap by 41% of containerized […]
The total throughput of Russian ports in 2016 reached 721.9 mln tons, which is 6.7% higher than in 2015, announced the Association of Russian sea ports. The ports handled 386.1 mln tons of liquid cargos (+5.9% to 2015), mostly crude oil (228 mln tons, +12.8%) and 335.8 mln tons of dry cargos (+7.5%). The major […]
A unique transportation of 2 STS cranes via the Northern Sea Route was arranged at the end of 2016 by Russian ZAO «SMM» in cooperation with Hansa Heavy Lift (HHL), a Hamburg company specializing in heavy lift and project cargo, as annouced by SMM press release. In April 2016, SMM, a leading Russian company providing […]
Chairman of the Board of Directors of JSC Ust-Luga Company Valery Izraylit was arrested in St.Petersburg, Russia on December 29, 2016, writes Russian business newspaper Vedomosti. He is charged with embezzlement of RUR 1.5 bln (USD 25.3) allocated for the development of Ust-Luga Commercial Sea Port. He is suspected of withdrawing the funds to offshore […]
The number of vessel calls at the Arctic port of Sabetta (Russia) has grown more than twice in 2016, reports PortNews. The local customs officials registered 120 arrivals and 100 departures of sea vessels, while in 2015 these were 50 and 59 respectively. The ships deliver mostly construction materials, crushed stone, cement, components and equipment […]
The borders of the port of Kaliningrad (Russia) have been extended to include the site for development of a new terminal in the town of Pionersky, writes PortNews agency quoting Victor Olersky, Deputy Minister of Russian Transport and Head of the Federal Agency “Rosmorrechflot”. According to him, the terminal’s construction is to commence in 2017. […]
