The German automobile logistics provider BLG Logistics and LLC Fenix, owner and operator of Bronka Port (Russia), signed today a long-term cooperation agreement to handle automobiles of Volkswagen Group Russia at the Port of Bronka, as announced in BLG’s press release. With this agreement BLG transfers its terminal activities in Russia from the Sea Port […]
The International Conference “ShippingRu 2017” will take place in Moscow, Russia on 28 February 2017. The event is dedicated to the current situation in the Russian ports and shipping market. The topics to be discussed include: – New trends for Russian ports at Baltic and Black Seas in the context of import-export flows redistribution. – Dry […]
Heyl & Patterson (USA), the global leader in manufacturing world-class bulk material handling equipment, dispatched two tandem railcar dumpers for the largest Russian coal terminal JSC “Vostochny Port” (Russia) writes the port’s press release. The new equipment, of the total cost exceeding USD 7 mln, was shipped from Huston (USA) in late November and is […]
DP World confirmed its interest in acquiring shares of Novorossiysk Commercial Sea Port (NCSP) in Russia, together with its partner, the Russian Direct Investment Fund (RDIF), announced Russian news agency TASS last week quoting DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem. “Novorossiysk is very interesting. Today we are more interested in brownfield […]
EVRAZ, Russian steel producing giant with own coal and iron ore mining operations, is ready to sell its port asset in the Russian Far East – Nakhodka Sea Commercial Port, with the aim of reducing its debt load, writes Kommersant. The Group owns 100% of the port and is searching for investors to buy either […]
FESCO Transportation Group launches a new Trans-Caspian container logistics service for shipping import cargo from Iran, announces the company’s press release. FESCO Russia Iran Service (FRIS) includes shipping by Caspian Sea on board the vessels of FESCO partners, terminal handling in the ports of Olya (Russia) and Nowshahr or Bandar-e Anzali (Iran) and inland transportation […]
Russian JSC “United Grain Company” (UGC) has set up its 100% subsidiary – Far-Eastern Grain Terminal Ltd, with the aim to design and build a grain handling facility in the sea port of Zarubino (200 km to the south of Vladivostok, 70km to the Russia-China border), as announced in UGC’s press release of November 11. […]
Yingkou Port (China) will acquire from Russian Railways 49% of the share capital of Bely Rast logistics centre near Moscow on the basis of an open competition, announces Russian Railways’ press release. This is provided by the cooperation agreement signed by the President of Russian Railways (RZD) Oleg Belozerov and the CEO of China Yingkou […]
In Vladivostok, Russia, goes on the conflict between the dockers and the management of Vladivostok Sea Commercial Port (part of the FESCO Transportation Group of the Summa Group holding). Following the mass actions caused by the forced redundancy of the dockers of the port’s container terminal of which we wrote earlier, the transport prosecutor’s office […]
The Supervisory Board of Vladivostok Free Port has approved 35 investment projects, with total amount of private investments of about RUR 94 bln (apprx. USD 1.5 bln, or EUR 1.4 bln), reports press centre of the Ministry for Development of Russian Far East. The projects differ by business activity, geography and amount of investments (from RUR […]
