• 2017 April 17 15:00

    First cargo delivered by international transport corridor Primorye-2 (photo)

    Experimental shipment of test cargo from China to Korea by transport corridor Primorye-2 was launched on 14 April 2017. Far East Investment and Export Agency is studying test transportation of cargo from China to Russia, says the Ministry for the Development of the Russian Far East.

    Leonid Petukhov, Director General of the Agency, says test container left Changchun (China) for Húnchūn (China) on April 10. Then after crossing the state border via the checkpoint in Kraskino it came to port Zarubino (Primorsky Territory) from where it was dispatched by a ferry for the Republic of Korea. 

    The Agency will analyze the data to facilitate the delivery of transit cargo. The specialists of the Agency will develop proposals to reduce the travel time (travel time of the test container was as long as a week).

    “Extensive modernization of the international transport corridor Primorye-2 is underway. Experts say, its cargo base potential will make 23 mln t of grain and 15 mln t of containerized cargo by 2030. The experimental shipment lets reveal the drawbacks of the ITC … The findings will let develop the solutions to improve so that the transport corridor could run like clockwork by the moment the project is launched,” emphasized Leonid Petukhov.

    The container was escorted by UGL representative who registered the time of all customs procedures.

    “International transport corridor Primorye-2 is the most convenient way to deliver cargoes from the north-east of China to the APR countries. The point of departure is only 500 km from the Russian border, which, in its turn, is only 60 km from the nearest port. … Chinese businessmen are interested in the development of this route” said UGL representative.

    Primorye-2 is one of two transport corridors between China and the Far East of Russia providing the north-east provinces of China with the shortest route to the sea, Japan, S.Korea and other countries of the region via the Primorsky Territory. By 2030, cargo base potential of Primorye-2 will reach 23 mln t of grain and 15 mln t of containerized cargo. Total investments into the project are estimated at about RUB 170 bln.

    According to Aleksandr Galushka, Minister for the Development of the Russian Far East, the project opens the prospects for mutually beneficial integration of two economies. He says Chinese businessmen express high interest in implementation of the ITC project. “According to the report by McKinsey analysts, the Chinese side will save over $1 bln. The National Development and Reform Commission of the People's Republic of China  has confirmed those estimations. The project will let generate about 3,000 jobs, the economy of Primorye will grow by 4%”, said Aleksandr Galushka.  

    Last week, LLC Vostochnaya Stevedoring Company launched the first permanent direct circular line service of a Chinese operator along Primorye 1, the international transport corridor serving cargo flow from Northern China to Asia Pacific. The Land Sea Channel line service will become an important link for delivering cargo from the north and north eastern provinces of China to ports in the south of China and other Asia Pacific countries. VSC has launched the line in partnership with HeiLongJiang Sea Land Channel International Logistics Co., Ltd.

     Related link:

    VSC launches circular route in Primoriye 1 international transport corridor >>>>

     




2018 July 17

18:24 North P&I Club and 24Vision ink partnership agreement
18:07 Lockheed Martin awarded Navy's contract worth more than $450 million in FMS funding for MMSC project
17:55 TransContainer announced its operating results for the second quarter and the first half of 2018
17:27 Equinor buys shares for use in the group's Share saving plan
17:11 Vigor Marine LLC gets Navy's contract for USNS Mercy mid-term availability
16:56 Okskaya Sudoverf puts into operation Belmax 4, fourth non-self-propelled barge of Project ROB20
16:34 Prosafe awarded important contract in Brazil
15:47 Orsted opts for Tekmar's CPS for Borssele 1 and 2 offshore wind farm projects
15:28 Port of Rotterdam places a bee colony in the port area
14:44 Baltic Ports Conference 2018 will focus on financing, economy and energy supply
14:23 Jan De Nul launches ultra-low emission vessel Diogo Cão in China
13:41 Severnaya Verf will lay down a longline factory vessel Gandvik-1 on July 20
13:16 Tidewater and GulfMark to combine to create global offshore leader
12:48 Containership MOL Truth earned 'Ship of the Year 2017'
12:19 15,000 TEU container ship “Afif” named in London Gateway
11:27 Huntington Ingalls begins post-delivery work on USS Gerald R. Ford (CVN 78)
11:17 Boskalis secures contract of total value of $65 million
10:53 Fuel oil prices are flat at the Far East ports of Russia (graph)
10:29 ABS to class FSRU for Turkey’s oil and gas distributor
10:00 Brent Crude futures price up 0.28% to $72.04, Light Sweet Crude – down 0.01% to $67.06
09:14 Baltic Dry Index up to 1,695 points

2018 July 16

18:31 APL adds port calls to West Asia Express Service
18:16 Diana Shipping announces signing and drawdown of a US$75M Term Loan Facility with BNP Paribas
17:55 Director Kopczynska addresses WMU students and faculty on maritime Europe
17:40 Great Lakes announces receipt of $70 million San Jacinto award
17:33 Bollinger Shipyards commits USCG icebreaker program to Florida
17:31 New vehicle terminal announced at the Port of Southampton
17:18 Hapag-Lloyd hikes rates for East Asia-Arabian Gulf trade
17:08 ING Bank signed a USD 80 million syndicated loan agreement with NIBULON
16:43 Minimum training standards for fishers under review
16:25 USCG rescues 7 people from capsized boat near Horn Island
16:20 Port of Antwerp sets new records with best half year ever
15:56 Freeport of Riga showed good growth in the first half of 2018
15:32 Maersk Drilling secures two contract extensions in the North Sea
15:19 Container throughput of port Hong Kong (China) down 3.6% to 9.88 million TEUs in Jan-June’18
15:03 Van Oord will acquire MPI Offshore
14:44 Average wholesale prices for М-100 HFO down to RUB 17,589 in RF spot market
14:35 Wärtsilä to assist Transocean with thruster maintenance optimisation and dry-docking cost reductions
14:25 Jan De Nul Group acquires part of MPI’s offshore business unit
14:11 Fednav accepts delivery of MV Federal Dee, its 60th owned vessel
13:46 Eastern Shipbuilding inks contract with Bisso Offshore for RApport 2400 Ship Handling Tug duo
13:27 Azerbaijan Caspian Shipping Company’s fleet is involved in a new international project
13:07 Court dismisses EUR 9 million claim against Armada Seismic Invest II AS
13:06 Hong Kong will host ShipTek Ship Owning & Ship Management Conference & Awards on 30 August 2018
12:48 Marine Recruiting Agency takes on a project of training crane specialists in Estonia
12:23 SEACOR Holdings announced that it favors a business combination of Dorian LPG LTD. and BW LPG Limited
12:02 IMO head highlights key maritime issues during trip to China
11:25 Fincantieri contracted to build LNG-fueled pair for TUI Cruises
11:01 Baltic Dry Index up to 1,666 points
10:44 Brent Crude futures price down 0.5% to $74.96, Light Sweet Crude – down 0.64% to $69.5
10:25 Mexico benefits from IMO training on port security
10:02 IMO held port emissions training for Argentina
09:52 CMA CGM's FAK rates for Asia to Red Sea trades
09:40 Bunker sales at the port of Singapore in HI’18 up 1.7% Y-o-Y to 25.35 million tonnes
09:18 Port of Singapore throughput in HI’18 grew by 0.8% Y-o-Y to 312.79 million tonnes

2018 July 15

11:24 MAN Energy Solutions ready for SMM 2018
10:43 CMA CGM informs of FAK rates from the Indian Subcontinent to North Europe and the Mediterranean

2018 July 14

12:40 CMA CGM announces GRR for Far East to East Africa trade
11:41 ABP: Container terminal operation expansion to meet growing demand
10:14 Navtek selects Corvus Energy to provide battery for the world's first all-electric tug