According to the Association of Russian Seaports, in January-June grain handling in ports of the country increased by 29.4% YoY, to 12.1 MMT. In the first half of 2016 cargo turnover in Russian seaports grew by 6%, to 344.6 MMT. Such considerable increase in grain handling in Russian seaports became possible due to record export…
New technologies in transport sector such as Hyperloop, will be a priority of Russia’s national technological initiative, presidential aide Igor Levitin said. “Currently there is a new form of transport – Hyperloop. There have not been any new means of transport for about 50 years. That is why everyone wants to find the most effective…
In January-May, Russia increased cereal crops export volumes by 50.1% YoY, to 12.275 million tons, the Federal State Statistics Service (Rosstat) reported. In the reporting period wheat and meslin traditionally formed the basis of grain export supplies – 8.338 million tons, up by 91.7% YoY. The exports of corn grew by 71.7%, to 2.751 million…
The improved version of Russian Mi-28NM attack helicopter was spotted at Mil Moscow Helicopter Plant. The Russian Helicopters company produced the first prototype of the improved helicopter in 2015. According to the company’s report, helicopter tests will be carried out during 2016, and then the Russian Defense Ministry will receive the first delivery. Mi-28NM has…
The Arbitrade team has successfully represented a Russian-Latvian group of companies in arbitration under the rules of the Federation of Oils, Seeds and Fats Associations (FOSFA). The dispute between the client of Arbitrade and a Swiss trading company arose out of an agreement for sale of sunflowerseed oil concluded on the basis of a standard…
In January-June, the port of Ust-Luga handled 44,864,300 tons of cargo (up by 5% YoY), Baltic Sea Ports Administration said. Transshipment of dry bulk cargo climbed by 5% to 12,497,400 tons. Transshipment of general cargo fell by 12%, year-on-year, to 356,200 tons. Transshipment of cargoes carried by ferries totaled 749,000 tons (-24%). The port’s container…
In January-June the port of Primorsk handled 32,503,200 tons of cargo (up by 9% YoY). According to the port authority, crude oil transshipment climbed by 11% to 24,953,100 tons. Transshipment of oil products increased by 2% YoY, to 7,550,100 tons. Port Primorsk is Russia’s largest oil port in the Baltic Sea. It is the final…