The attraction of new cargo flows and opportunities of investing into port infrastructure have been discussed by representatives of large South Korean companies POSCO and POSCO Daewoo and top managers of Chornomorsk port (earlier Ilyichivsk seaport, Odessa region). The port’s press service reported that at a meeting on September 8, Port Director Serhiy Kryzhanovsky pointed…
The Star oil refinery in Turkey owned by the Azerbaijani state oil company SOCAR plans to complete construction of the oil receiving marine terminal before late 2016, Director General of the refinery Ibrahim Palaz said. “All the major work concerning the terminal will be completed until the end of 2016”, Palaz said. “The two other…
Ukraine would be able to earn from $200 million to $400 million from privatization of state-run enterprise Ukrspyrt, Agricultural Policy and Food Minister of Ukraine Taras Kutoviy said. “If my team manages to do this, we would be part of history for sure. We have all legal mechanisms for this. I think that the state…
AS Tallink Grupp says it is going to carry out rerouting of cruise ferries on 2 routes, placing Baltic Queen from Tallinn-Helsinki to Tallinn-Stockholm route and Romantika to Riga-Stockholm route. Tallinn-Helsinki cruise service will be operated by the upgraded Silja Europa. According to Margus Hunt, the Sales and Marketing Director of AS Tallink Grupp, the…
In January-August Neva-Metal CJSC (stevedoring company of Severstal) handled about 2.1 million tons of cargo, which is similar to the result of January-August 2015, the company reported. Container throughput totaled about 64,000 TEUs. CJSC Neva-Metal is a part of a transport division of Severstal Russian Steel of Severstal Group. Neva-Metal specializes in transshipment of containerized…
In January-August Port Kavkaz handled 19,232,000 tons (up by 12% YoY), Harbour Master of port Kavkaz Yevgeny Tuzinkevich said. Off-harbor transshipment complex handled 5,511,000 tons of export cargo (down by 21% YoY). Transshipment of oil products increased by 53% to 8,657,000 tons, sulfur and mineral fertilizers – by 112% to 2,193,000 tons, grain dropped by…
In January-August the Freeport of Riga handled 23,872,900 tons of cargo (down by 10.8% YoY). Coal transshipment fell by 19.2% to 7,963,300 tons, oil products – by 18.5% to 5,916,500 tons, wood pellets – by 10% to 387,000 t, ore grew by 79.4% to 269,100 tons. The port’s container throughput climbed by 4.7% to 248,359…