• 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 >>>>

     




2019 January 21

18:15 Port of Oakland hails shipping lines, terminal for clean air work
17:36 Evac acquires of UK service company Transvac
17:06 High Speed Transfers signs contract for third Damen FCS 2710 fast crew supplier
16:35 DFDS starts trials of Jinling Shipyard’s newbuild
16:05 Prototype most powerful wind turbine in the world Haliade-X 12 MW installed at Maasvlakte this summer
15:36 Incentive Scheme Climate-Friendly Shipping launched today
15:29 Yang Ming provides new China-Malaysia direct service
14:55 Szczecin-Świnoujście Port Complex handled over 28.6 million tonnes of cargo in 2018, up 12.5% Y-o-Y
14:33 Incat to build a new ship for the Government of Trinidad and Tobago
14:03 CMA CGM joins to the world’s largest operational agreement extention
13:27 Algoma receives full refund for shipbuilding contracts with Uljanik and 3Maj Shipyard
13:13 ESL Shipping strengthens its Chartering team
12:46 Leonid Mashaev appointed as Acting General Director of “State Customer’s Directorate for Seaborne Transport Development Programmes”
12:18 Average wholesale prices for М-100 HFO up to RUB 14,769 in RF spot market
11:49 Dublin Port’s сargo volumes up by 4.3% in 2018
11:22 FESCO and ZIH launching a container train from Germany to China through the Far East
10:55 14 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 20-21
10:27 TransContainer announced its preliminary operating results for the fourth quarter and the full year of 2018
10:04 Brent Crude futures price up 0.41% to $62.94, Light Sweet Crude – up 0.43% to $54.28
09:40 Throughput of port Kaliningrad in 2018 grew by 2% Y-o-Y to 14.05 million tonnes
09:19 Baltic Dry Index is up to 1,112 points

2019 January 20

16:08 Subsea 7 acquires multi-purpose offshore construction and dive support vessel
15:03 TEPCO and Ørsted sign MoU to work jointly on offshore wind projects
13:51 Major contract for JSS awarded to Montreal-based company
12:42 Huntington Ingalls Industries to acquire Fulcrum IT Services
10:47 Algoma provides update on status of fleet renewal

2019 January 19

16:19 Ocean Yield acquires Suezmax tanker Milos for $56.0 million
15:16 Evac expansion continues with acquisition of UK service company Transvac Systems
14:02 Deltamarin contracted to continue with Titanic II project
12:51 SGRE launches 10 MW offshore wind turbine
11:44 Algoma increases its interest in the ocean self-unloader Pool

2019 January 18

18:06 North Carolina Ports sets new record in 2018
17:47 Freight turnover of Neva-Metal (Saint-Petersburg) in 2018 climbed by 3% Y-o-Y to about 3.2 million tonnes
17:25 Okskaya Sudoverf obtains patent for state-of-the-art pontoons
17:06 Hamburg prepares for ‘Hard Brexit’
16:44 Throughput of port Primorsk in 2018 fell by 7% Y-o-Y to 53.48 million tonnes
16:23 GTT receives a new order from SHI to design the tanks of two LNG carriers on behalf of Gaslog
16:20 NOVATEK elects new Board of Directors
15:56 Throughput of port Vyborg in 2018 grew by 25% Y-o-Y to 1.93 million tonnes
15:33 Stena Line’s first new generation ferry ‘floats’ in China
15:21 Bunker sales at the port of Singapore in 2018 fell by 1.7% Y-o-Y to 49.8 million tonnes
15:03 Panama Direct service CMA CGM to resume weekly rotations
14:47 Throughput of port Vysotsk in 2018 climbed by 7% Y-o-Y to 18.79 million tonnes
14:33 GranIHC appointed contractor for Equinor’s Peregrino Phase II Project
14:19 Port of Ust-Luga handled 98.72 million tonnes in 2018, down 4% Y-o-Y
14:03 Algoma Central Corporation increases its interest in ocean self-unloader Pool
13:50 18 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 17-18
13:35 Throughput of the Port of St. Petersburg in 2018 up 11% Y-o-Y to 59.32 million tonnes
13:18 CMA CGM unites its Containerships and MacAndrews brands
13:11 Vladimir Putin supports Government’s proposal on expanding Far East Ministry’s functions with Arctic issues
12:49 Throughput of port Kavkaz in 2018 grew by 11% Y-o-Y to 49.276 million tonnes
12:26 MV Werften purchases Neptun Ship Design
12:08 Sakaide shipyard holds naming ceremony for new LNG carrier jointly owned by NYK and JERA
11:38 PGNiG SA signs agreement for oil and gas exploration and production in UAE
11:14 Remote pilotage to be allowed in Finland
10:47 Free zone status is a crucial advantage for the future development of the Freeport of Riga
10:06 Ice restrictions at the port of Ust-Luga come into effect on January 31
09:42 Brent Crude futures price up 0.9% to $61.73, Light Sweet Crude – up 1.09% to $52.64
09:20 Baltic Dry Index is up to 1,077 points

2019 January 17

18:13 PORT OF KIEL presents annual results 2018