In January-June net profit of Tuapse Commercial Seaport totaled RUB 1.67 billion, up by 1.5%, YoY, the company says. The company’s revenue increased by 24.4% to RUB 3 billion. OJSC Tuapse Commercial Seaport (TCSP) is the major operator at the port of Tuapse, one of Russia’s largest ports. TCSP is part of UCL Port, a…
Maritime transport and tourism should be developed in the Arctic, press center of the Russian Security Council cites its Secretary Nikolai Patrushev as saying at the VI International Meeting of the Arctic Council member states, observer states and scientific community representatives. “Arctic pioneers of the present day should not only develop it for economic purposes…
At the beginning of last week weather conditions were favorable for completion of winter wheat harvesting in the South and South East. Crops condition is mainly good and stage of development is full ripeness. In the reporting period conditions were also favorable for growth and development of spring grain crops and grain filling, though short-term…
Last week decrease in prices for milling wheat was noted in Kazakhstan export market primarily due to the seasonal factor. Over the week export prices for milling wheat decreased in average by $11 in the Aktau port – to $185-191/MT FOB for wheat with 13.5% protein, and by $20-22 for 3rd grade wheat on DAF…
India intends to invest more than 20 billion rupees ($300 million) in the creation with Russia’s assistance of a logistics center of spare parts for Russia’s Sukhoi Su-30MKI fighters at the facilities of India’s state-owned aerospace and defense company Hindustan Aeronautics Limited (HAL), a source in the Indian Defense Ministry reported. “To date, the main…
Rusagro Group, one of the largest vertically integrated enterprises in Russia, plans to export pork to Vietnam beginning next year. “Shipments are expected to start next year”, Maxin Basov, General Director of Rusagro, said. Russia’s largest meat processor ABH Miratorg has also been licensed to supply poultry, pork and beef to Vietnam. “With a population…
From September 22, Dubai Aviation Corporation, doing business as flydubai, will increase the frequency of flights between Odessa and Dubai from two to three flights per week. An extra flight will be operated on Thursdays. Currently, flydubai operates flights between Odessa and Dubai on Tuesdays and Saturdays. Flydubai is a partner of the Emirates airline,…