One of the most significant projects on development of Russia’s port infrastructure is under implementation in Archangelsk region today. The regional Administration plans to build a new deep-water port at Mudjug island in the White Sea. According to the conception, the port will be capable of handling 30 million tonnes of cargo per year with the ability to accept 100,000-dwt vessels. In the future, the port’s capacity is planned to be raised to 50 million tonnes

Valery Karkachev, Director of Tallinn Shipyard tells PortNews IAA about plans on modernization of the yard and on possible entry to Russian market

Inland water transport accounts for less than 4% of total cargo transportation in Russia while in Europe ecologically clean and cheap water transport has been carrying cargo for many years already

On September 18, St. Petersburg Committee for Use of Natural Resources and Environment Protection held an exercise on oil spill recovery with application of new equipment and methods. The exercise was held in a shallow-water difficult-to-access district. It was for the first time for scientists and volunteers to participate

Sovcomflot BOD has considered the company's results shown in the first half of 2008

“Sea Port of St. Petersburg” group of companies was right when it staked on a new type of cargo two years ago. New automobile terminal built within the framework of a long-term investment program demonstrated high efficiency during two months of operation

Vladimir Nikolayev, Head of Volgo-Balt State Basin Authority, tells PortNews IAA about opportunities to build a new waterway as an alternative to the Neva river

August 2008 saw a distinct tendency to a decline in the market of bulk tonnage. Baltic Freight Index for Panamax vessels fell by 1220 points (–16.3%), Super Handymax – by 638 points (–13.2%) and Handysize – by 381 points (–15.0%). The decrease of freight rates indexes touched, though unequally, all the sectors and directions of dry bulk transportation

Construction of a new deep water port is to commence in Murmansk within several months. This new deep sea hub in the Kola Bay is supposed to handle containers, oil cargo, coal and mineral fertilizers all round the year. Experts say, annual throughput of Murmansk transport hub is to make 28.5 million tonnes by 2010 and 52 million tonnes by 2020

Azov-Don Shipping Company plans to invest some $340 million into the Group’s fleet renovation till 2012. By that time the Group of Companies intends to form a powerful shipping company capable of operation in the Mediterranean and Northern Basins. According to the Group’s forecasts, the fleet’s total deadweight is to reach 500,000 tonnes with container fleet accounting for 10,000 TEU