• 2016 September 2 17:44

    “Summa” Group presents a preliminary Hyperloop feasibility study for Hunchun – Zarubino line

    Bill Shor, the Managing Director of Caspian Venture Capital, and Dr Casey Handmer, Hyperloop One Levitation Engineer, at the Eastern Economic Forum in the presence ofMaksim Sokolov, the Minister of Transport of Russia, presented a study of using Hyperloop to connect Hunchun Transport and Logistics Center (China) and the planned Big Zarubino Port (Russia).

    The study was commissioned by Caspian VC and Hyperloop One. It was carried out by Russian MosgortransNIIproekt Institute.

    The study confirmed that the Hyperloop can be used to transport cargo on the Hunchun – Zarubino Line. Engineers have produced a detailed route of the Hyperloop line taking into consideration both the technology and the terrain, they have also proposed the first technological solutions for the pillars of the future tube.

    The preliminary estimate for the CAPEX of the project is $1.5–2.1 b.

    The length of the tube is almost 65 kilometers (40.4 miles). Average speed reachable on the line is 875 kilometers an hour (544 miles an hour).

    It is estimated that on Year 5 after the project starts operation the line will be capable of carrying 18.9m metric tons of grain and 1.3m TEUs of various goods. The line’s maximum capacity is 50m metric tons in one direction.

    As a part of the study, a road map for the project was created. It is planned that it will take at least 4 years to launch the Hunchun – Zarubino line, including 3 years needed to analyze and update the regulatory framework as well as to prepare a detailed feasibility study of the project.

    ”We are excited that the technological promise of Hyperloop has been matched by such enthusiasm by China and Russia, nations which both understand the value of serious infrastructure investment and development,” said Dr Casey Handmer, Hyperloop One Levitation Engineer. “Russia and China share the Eurasian steppe, a transportation route as old as history. What ancient caravans took years to cross Hyperloop can cover in mere hours, tying together the rapidly growing economies that surround the great continent.” 

    The Hyperloop technology incorporates reduced-pressure ( air pressure 1/1000 of normal) tubes in which pressurized capsules move efficiently at extremely high speed in the low friction environment. The diameter of the pipe is 6.8 meters (19.7 feet). Capsule is roughly 21 meter (69 feet) long and can carry 2 TEUs. The loading, movement, and unloading of the capsule is automated, on demand, and point to point. The total capacity of a loaded capsule is roughly 30 metric tons.

    “Summa” Group expects to launch the Big Port Zarubino in Troitsy Bay, 18 km from the border with China. The cargo base should be formed largely by Chinese goods, including goods travelling from the northeastern to southern provinces of China. Also, the port will handle Russian export grain. The port will include grain, container and bunkering terminals. The projects also implies large-scale modernization of transport and power infrastructure between Hunchun (China) and Zarubino (Russia). Total investments into the project could reach $2.6-3 billion. 

    Caspian VC Partners creates successful long-term relationships by investing their capital, time and strategic expertise into portfolio companies in the global technology sector. Caspian VC Partners backs outstanding entrepreneurs, their teams and their vision. Its portfolio includes such companies as Uber, Uber China, Hyperloop One, Diamond Foundry and ASAPP.

    Hyperloop One is reinventing transportation by developing the world’s first Hyperloop, an integrated structure to move passengers and cargo between two points immediately, safely, efficiently, and sustainably. Our team has the world’s leading experts in engineering, technology and transport project delivery, working in tandem with global partners and investors to make Hyperloop a reality, now. Headquartered in Los Angeles, the company is led by CEO Rob Lloyd and co-founded by Executive Chairman Shervin Pishevar and President of Engineering Josh Giegel.

2019 April 22

18:29 President Vladimir Putin to kick off loading of an LNG cargo to Coral Anthelia in Vysotsk, April 24
18:04 Bahri explores maritime opportunities in Africa at Logismed
16:57 Federation Council approves the crab fishing quotas bill
14:45 Newspaper of Sea Port of St. Petersburg receives Best Corporate Edition 2018 Award
14:27 MOL to install AR navigation system on 21 VLCCs
14:26 Spot market price for Russian M100 product ended week lower at an average of RUB 19,431 pmt
13:07 Nobel Bros Shipyard re-launches refurbished pusher OTA-953
13:01 Seadrill Partners LLC receives early termination notice for the West Capricorn contract
12:06 Rosmorport invites to submit proposals for LS marine fuel supply at Sakhalin based Port of Shakhtersk
12:00 BP and partners sanction $6 billion Azeri Central East development offshore Azerbaijan
11:10 Int’l Neva 2019 Expo to present the hall of small crafts building achievements
11:00 Saudi Aramco to acquire Shell’s share of the SASREF refining joint venture
10:26 Crude oil futures soar to $ 73,81 (Brent) and to $ 65,53 (WTI)
10:05 DEME Offshore announces Moray East wind farm Tier One suppliers
09:58 Eni, CDP, Fincantieri and Terna join forces to develop power plants on an industrial scale
08:25 Mitsubishi Shipbuilding holds christening ceremony for next-generation LNG carrier "Diamond Gas Sakura"

2019 April 21

15:38 WheelHouse names Ian Morris as Vice President of Operations
14:34 CMA CGM to implement FAK rates from West Med, Adriatic, Black Sea and East Med to Far East, Middle East Gulf and Red Sea
12:37 USCG offloads 970 pounds of cocaine and 550 pounds of marijuana
11:31 CMA CGM hikes rates on Asia to Kenya, Tanzania service
11:07 Kinder Morgan raises dividend by 25%, announces Q1 2019 results

2019 April 20

16:31 CMA CGM announces FAK rates for Asia - the Middle East Gulf trade
15:02 MOL pledges support for Mozambique in wake of devastating cyclone
14:42 USCG Cutter Waesche crew returns home after 95-day counter-narcotics patrol
13:27 CMA CGM announces FAK rates for Asia to Pakistan / India / Sri Lanka trade
13:12 Carnival Cruise Line, CFVI unveil revitalized Griffith Park in St. Thomas for local children
12:26 BC Ferries celebrates Earth Day with the return of the Spirit of Vancouver Island
11:04 Certification of Arkona offshore wind farm by DNV GL confirms safe and reliable power supply
10:49 Navios Maritime Acquisition Corporation announces $103.2 million sale and leaseback transaction
10:38 Boskalis acquires EUR 75M dredging contracts in Indonesia

2019 April 19

18:07 Keppel posts net profit of S$203M in 1Q 2019
17:28 Passenger Port of Saint-Petersburg to complete Phase 1 of Berth No7 reconstruction in summer 2019
17:04 Saudi Aramco partners with the Saudi Contractors Authority fostering collaboration at ‘Future Projects Forum’
16:57 BAE Systems Jacksonville secures Navy's conntract mod for DDG 117
15:04 Hyundai LNG Shipping announces order for one VLGC at HHI
14:55 Marina for 100 yachts to be built in Feodosia by Firm “TES” LLC
14:10 C-Fenna successfully completes Fugro 1200 jackup towing operations
13:32 ESPO congratulates Port of Huelva for renewing EcoPorts’ environmental management standard
13:07 Spirit of Vancouver Island vessel returns to service after mid-life upgrade including conversion to natural gas
12:44 New High Bay Container Storage system launched as “BOXBAY”
12:10 ABS teams with industry leaders to improve container vessel safety
11:39 Port Arthur LNG receives FERC authorization for export project in Texas
11:08 Dual-fuel AET tankers conduct maiden LNG bunkering
10:43 Largest barge of Azerbaijan Caspian Shipping Company undergone overhaul
10:19 Brent Crude futures price is down 0.04% to $71.95, Light Sweet Crude – up 0.38% to $64
09:56 Bunker prices are sable at the port of Saint-Petersburg, Russia (graph)
09:35 TransContainer’s transportation volumes in Q1’2019 increased by 7.7% Y-o-Y to 492,000 TEUs
09:17 Baltic Dry Index is up to 790 points
07:42 GTT receives an order from DSME for the tank design of a new LNG carrier

2019 April 18

18:36 South Stream Transport B.V. and Saipem announce the amicable settlement of mutual differences
18:06 Seaway 7 selected as partner to develop Hollandse Kust Zuid Offshore Wind Farm
17:36 WinGD reports strong first quarter 2019
17:11 Launching ceremony held for eighth shallow-draft barge of Project ROB20
17:05 SOFEC completes engineering, supply and delivery of mooring system
16:26 Port of Murmansk to welcome eight cruise liners in summer season of 2019
16:05 Cooperation agreement between Eimskip and Royal Arctic line approved by the Icelandic Competition Authority
15:44 Navios Acquisition announces $103.2 million sale and leaseback transaction for three MR2 product tankers and two LR1 product tankers
15:12 Nefteflot laid down two barges of Project RDB12 ordered by STLC
15:10 MOL to acquire strategic stake in six group companies, each owning a Very Large Ethane Carrier
14:40 Port of Rotterdam freight throughput grows by 5.1% in first quarter of 2019