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Yet More Consolidation Proposed in Russia

Ownership of selected container terminals in the Eastern Baltic (Drewry)

The prospect of Russia’s two largest container terminal operators joining forces has raised concerns over the dominant position that the combined enterprise would enjoy were the deal to be agreed. Global Ports Investments (GPI), one of the two largest players in the Russian container port market, is investigating the acquisition of a controlling stake in National Container Company (NCC), the other dominant player in the Russian market. The prospect of Russia’s two largest container terminal operators joining forces has raised concerns over the dominant position that the combined enterprise would enjoy were the deal to be agreed. Global Ports Investments (GPI), one of the two largest players in the Russian container port market, is investigating the acquisition of a controlling stake in National Container Company (NCC), the other dominant player in the Russian market. Ownership of selected container terminals in the Eastern Baltic Given their powerful market shares in St Petersburg, it seems highly improbable that the deal would be acceptable to the Federal Antimonopoly Service of Russia, yet it is unlikely that the proposal would have got this far without at least a few words of comfort from someone in power. It could be that some parts of GPI and NCC would have to be sold.


Bunker Suppliers Keep Going in Russian Deep Freeze

The extreme weather now gripping the Eastern Baltic region is badly affecting all transport sectors, and bunker suppliers in the Russian port of St Petersburg are being hit as hard everybody else. Nevertheless vessels are still being supplied with fuel despite North West Russia's worst winter for 50 years, according to leading St Petersburg bunker company ECO Phoenix Holding. The very cold weather began in late December when night-time temperatures went as low as minus 33 degrees C


Ship Distressed in Sea of Japan

Reports indicate that Motor ship Diana that sent distress signals from the Sea of Japan has about 4,000 tons of cargo aboard. The ship, which flies the Cambodian flag and has an 18-strong Russian crew, has scrap metal in the holds and timber on the deck. The piles of timber have shifted and are partly hanging overboard, said Konstantin Sviridov, the chief of Maritime Salvage and Coordination Center in Vladivostok.


GAC Steers STS Pallada on Commemorative Voyage

tall ship STS Pallada

Port-on-Demand took care of training tall ship at every port of call.   Port-on-Demand (POD), the newest service package offered by the global GAC network, has handled the tall ship STS Pallada at every port of call of her voyage to mark the 270th anniversary of Russia’s first settlements in North America and the 50th anniversary of cosmonaut Yuri Gagarin’s first space flight. The impressive 358-foot Russian frigate


10 Sevastapol Warships Stay Loyal to Ukraine

Ukraine warships in Sevastapol, Crimea: Photo CCL 3

Reuters –  Ukraine has said its navy's fleet of 10 warships in the Crimean port of Sevastopol had not left the port and remained loyal to the government in Kiev. Earlier, Ukraine said it had withdrawn coastguard vessels from Sevastopol and another Crimean port and stationed them elsewhere. Background Russian forces have seized Crimea, an isolated peninsula, where Russia 's Black Sea Fleet also has its headquarters


Ukraine Withdraws Coastguards from Crimea, Navy Stays Local

Reuters - Ukraine said on Sunday its navy's fleet of 10 warships in the Crimean port of Sevastopol had not left the port and remained loyal to the government in Kiev. Earlier, Ukraine said it had withdrawn coastguard vessels from Sevastopol and another Crimean port and stationed them elsewhere. Ukraine withdrew its coast guard vessels from two ports in Crimea and moved them to other Black Sea bases on Sunday, a sign that Russian forces were completing their seizure of the isolated Black Sea


Chang Awarded Honorary Doctorate

Dr Chang Yung-fa, Group Chairman of the Evergreen Group, has been awarded an Honorary Doctorate of Transport and the title Honorary Academician by the Russian Academy of Transport. Dr Chang Yung-fa, Group Chairman of the Evergreen Group, has been awarded an Honorary Doctorate of Transport and the title Honorary Academician by the Russian Academy of Transport in recognition of his contributions and innovations in international transportation and his dedication to maritime education


Backing for NEVA 2011 Gathers Pace

Opening ceremony at NEVA 2009                      	    NEVA 2009 saw a record number of both

Support for NEVA 2011, the international maritime conference and exhibition taking place in St. Petersburg between September 20th and 23rd this year, has gathered momentum both within Russia and internationally in recent weeks. Rod Keay, managing director of Dolphin Exhibitions, the event organiser, says: “Support in Russia, and the CIS as well, has grown exponentially since the beginning of the year.” The event, which celebrates its 20th anniversary this year


Russian Warship Escorts Gulf of Aden Convoy

Kulakov Photo credit Russian Navy

Russian Northern Fleet (NF) destroyer 'Vice Admiral Kulakov' escorts a second merchant convoy through the Gulf of Aden in her current anti-piracy mission The convoy consisted of merchant ships flying flags of Malta and Liberia, the NF spokesman Capt 1 Rank Vadim Serga told ITAR-TASS. "Crew of destroyer Vice Admiral Kulakov replenished supplies delivered by tanker Ivan Bubnov on May 25. After that, a new convoy will be formed at an assigned point in the Red Sea to be escorted along the


Russian Port Plan Opposed by Gazprom

Russian gas giant and licenseholder of the Shtokman field does not want the establishment of a free economic port zone in Murmansk Barents Observer reports that Murmansk might not achieve its much-desired Special Economic Port Zone goal, after all. Regional authorities in Murmansk have worked hard for the establishment of a free economic port zone, planned as a key element in the region’s bid for new investments and industrial initiatives linked with the upcoming oil and gas boom in


Northern Fleet’s Environmental Center in Arctic

Northern Fleet’s Environmental Center to appear in the Arctic

  The regional Environmental Center of the Northern Fleet will be established in the Arctic in the near future. The news agency TASS reported the news with reference to the Deputy Russian Defense Minister Army General Dmitry Bulgakov.


Simushir Under Tow by Barbara Foss

Simushir Under Tow By Barbara Foss

  Foss Maritime's ocean-going tug, the Barbara Foss, is towing the Russian cargo vessel, Simushir, which lost power late Thursday night off the west coast of Haida Gwaii. The Barbara Foss is currently traveling at 5.5 knots and is expected to arrive at the Port of Prince Rupert


Total CEO Killed in Moscow Runway Accident

Christophe de Margerie

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors. The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as


Gazprom to Counter Negative Global Market Trends

Image

  The Gazprom Board of Directors took note of the information on the Company's financial strategy under the conditions of negative trends in the global financial market for the Russian business entities. It was pointed out that the geopolitical events involving Ukraine as well as American


Exxon: U.S. to Allow Wind Down Ops in Russian Arctic

U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic. U.S. sanctions on Russia over its aggression in the Ukraine seek to stop billions of dollars worth of cooperation between


Russia's Yamal LNG Project May Tap Wealth Fund in 2014

Yamal megaproject

  Russia's Novatek may get funds from the National Wealth Fund for its Yamal LNG project before the year-end, a minister said, as part of government plans to support sanction-hit companies. Russia's No.2 gas producer, co-owned by an ally of President Vladimir Putin, Gennady Timchenko


Rosneft, ExxonMobil Continue Drilling for Now

Russia's Rosneft and U.S. ExxonMobil are continuing to drill in the Kara Sea and plan to stop work by Oct. 10, Russian Deputy Energy Minister Kirill Molodtsov said on Tuesday. "They are drilling and will be drilling until Oct. 10. They did have to stop on Sept


Russian Class & Arctic Operations

LNGC Velikiy Novgorod under construction.

When it comes to Arctic operations, the Russians arguably have more hands-on experience and investment than any other nation. With that in mind, Maritime Reporter spoke recently with Georgiy Bedrik, Head of the RS Business Development Division, for his input on RS and matters of the Arctic


Delivery of Russia’s Mistral-class Warship ‘Conditional’

Mistral-class warship: Photo CCL

Paris continues to believe that the transfer of a Mistral-class ship to Russia is not possible at the moment, according to official Russian News Agency ITAR/TAS, citing a Foreign Ministry spokesperson. The spokesperson recalled President Francois Hollande’s statement of September 18 that


Steel Cut for Yamal LNG Project’s Lead Tanker

SCF Yamalmax mock up (image courtesy of SCF Group)

A steel-cutting ceremony was held on September 29 for the lead gas tanker ordered by SCF Group for transportation of liquefied natural gas (LNG) under the Yamal LNG project. The prototype vessel will be operated under a long-term time charter between OAO Sovcomflot and JSC Yamal LNG.


Yamal LNG: Steel Cut for First Arctic Gas Carrier

Construction of an Arctic gas carrier for OAO Sovcomflot has begun under the survey of Russian Maritime Register of Shipping (RS).The ship is being built as part of Yamal LNG, a major Russian liquefied natural gas (LNG) project being implemented in the Arctic.


RS at Offshore Marintec Russia

From October 7-10, 2014, Russian Maritime Register of Shipping (RS) will participate in Offshore Marintec Russia, the International Conference and Exhibition, a new project for the Russian market. The event is focused on offshore development and is dedicated to the specialists of oil and gas


Russia Going Ahead with South Stream Gas Pipeline

South Stream gas pipeline design capacity 63 billion cubic meters per annum.

The Russia-led South Stream undersea gas pipeline is still going ahead, Energy Minister Alexander Novak was quoted as saying on Saturday, following concerns the European Union might be losing enthusiasm for the project. The natural gas pipeline, which will cost an estimated $40 billion


Samsung Heavy to Tankers for Gazprom

South Korean shipbuilder Samsung Heavy Industries plans to build three Arctic tankers for Russian oil company Gazprom Neft, which has been targeted by Western sanctions, sources familiar with the deal said. The sanctions imposed on Moscow over its role in the crisis in Ukraine have complicated


Morgan Stanley says "no assurance" Rosneft Deal Will Close

  Morgan Stanley said on Friday that there is "no assurance" a deal to sell its physical oil trading business to Russian oil company Rosneft will close. The Wall Street bank cited a contractual requirement to get regulatory approvals by year end






 
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