First vessel with Russian coal leaves port Rajin (N. Korea) for port Pohang (S. Korea)
First vessel with Russian coal delivered to port Rajin (N. Korea) by the newly reconstructed Khasan - Rajin railway section left the port on November 27, 2014, says press center of the Far Eastern Railways (regional division of Russian Railways).
The vessel bound for port Pohang (S. Korea) carries 40,000 t of coal.
The reconstruction project was implemented by the RasonKonTrans joint venture, which was set up in 2008 with a 70% equity stake from the RZD Trading House and the remaining 30% from the North Korean port of Rajin. It includes the reconstruction of the railway line between Tumangan - Rajin, the construction of a container terminal at the port of Rajin and the subsequent operation of the infrastructure.
The work was financed using the authorised capital of RasonKonTrans and funds the jv borrowed on the basis of the business plan.
The official opening of the Khasan - Rajin railway section took place on 22 September 2013.
In the course of the work, the reconstruction of 54km of combined railway track with a width of 1435mm and 1520mm was carried out and a number of artificial structures restored: 18 bridges, 12 culverts and 3 tunnels with a total length of over 4.5 km. In addition, modern signalling, centralisation, blocking and communications equipment was installed.
As part of the construction of the universal transshipment terminal at the port of Rajin, a range of additional activities was also conducted, including dredging, the construction of a new quay wall, equipping the warehouse areas, construction of industrial and office buildings and facilities and laying railway tracks within the terminal itself.
On completion of the project, additional traffic will be attracted to the Trans-Siberian Railway. Freight traffic on the Khasan - Rajin line via the port of Rajin is expected to reach about 4 million tons per annum.
Related links:
RZD inaugurates Rajin rail transshipment terminal, kicks off freight traffic via Hasan-Tumen border crossing>>>>
