The companies will join forces to build shuttle tankers ranging from 42,000–120,000 dwt.
11 Sep 2018
The tanker group said on 11 September that the 114,000 dwt vessels will be financed by VEB-Leasing, a unit of VEB, the state-owned development bank. Vessel prices were not disclosed.
22 Aug 2018
Brokers say that, at the moment, insurers have made no specific moves to avoid wider Russian maritime and energy risks.
16 Aug 2018
While the region’s ferry operators struggle against rising fuel prices and falling passenger numbers, the freight sector is making gains.
24 Jul 2018
A preliminary research showed that the mines, which had been lying under sediment for several decades, were uncovered by the action of propellers of passing ships.
13 Jul 2018
COFCO will use the port’s terminal as a grain transhipment terminal for oil, grains, and soyabeans
29 Jun 2018
The sale involves a share swap by which USC will receive a stake in the Helsinki Stock Exchange-listed Arafak Group.
29 Jun 2018
With the agreement, the two Russian companies will explore logistics solutions for shipping oil and gas products within the Arctic Sea, optimising the number of vessels deployed as well as their technical specifications.
28 Jun 2018
South Korea’s KOGAS could land a stake in Novatek’s Arctic LNG 2 project.
02 Jun 2018
For the period leading up to and during the FIFA 2018 World Cup, Russia has introduced a suspension in the carrying and handling of dangerous cargoes, including bunkering operations, for two months starting from 25 May to ensure safety during the event.
01 Jun 2018
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