• 2020 October 22 11:11

    Russian President Vladimir Putin signs order on merging Sevmorzavod into USC

    The Order comes into effect on the day of its signing

    Russian President Vladimir Putin signed an order on merging of Sevastopol Marine Plant named after Sergo Ordzhonikidze into United Shipbuilding Corporation. Order dated 21.10.2020 (No 635) “On some issues of the joint stock company “United Shipbuilding Corporation” has been published on the internet portal for legal information.

    “To accept the proposal of the Government of the Russian Federation on converting ... Sevastopol Marine Plant named after Sergo Ordzhonikidze (the city of Sevastopol) into a joint stock company with 100-pct of federal ownership for further contribution of 100% of shares into the authorised capital of United Shipbuilding Corporation (the city of Saint-Petersburg) as a payment for the additionally issued shares in the framework of the company’s authorized capital increase”, says the document.

    RF Government is instructed to ensure implementation of the required activities with 18 months.

    The Order comes into effect on the day of its signing.

    As it was reported earlier, United Shipbuilding Corporation (USC) is completing the conversion of FSUE Sevmorzavod and FSUE 13th Black Sea Fleet Repair Plant into joint-stock companies. When speaking with Minister of Industry and Trade Denis Manturov on 31 August 2020, Acting Governor of Sevastopol Mikhail Razvozhayev said USC is creating a shipbuilding and ship repair cluster.

    FSUE Sevastopol Marine Plant named after Sergo Ordzhonikidze (Sevmorzavod shipyard) is located in Sevastopol. Its key activity is ship repair, mostly dock repair of ships and floating facilities in the interest of RF Navy and Borser Service of FSB.

    By the order of the Ministry of Industry and Trade dated 30.08.2017 (No 2973), United Shipbuilding Corporation (USC JSC) was defined as the strategic partner responsible for integration of the company into the military industrial complex of the Russian Federation.

    The merger of Sevmorzavod into USC is driven by the need of efficient involvement of ship repair facilities of the Southern Federal District and pursuance of a common industrial policy to ensure operational readiness of the Black Sea naval forces.

    The document in Russian is available here >>>>

    Related links:

    Sevmorzavod and 13th Black Sea Fleet Repair Plant to be converted into joint-stock companies>>>>

2020 November 24

12:11 Diana Shipping reports financial results for Q3 2020
12:05 The Arktika icebreaker accomplishes its first task in the Northern Sea Route basin
11:32 Port of Hamburg сontainer throughput down 4.9 percent to 2.3 million TEU in Q3 2020
11:25 A WWII air bomb defused near Novorossiysk based CPC Terminal
11:09 CMA CGM to launch the TURKEY MED EXPRESS 2
10:04 MABUX: Bunker market this morning, Nov 24
09:46 Crude futures prices rise on vaccine hopes
09:22 Baltic Dry Index as of Nov 23
09:02 East Coast Australia JIP delivers a new interactive dashboard for LNG forecast

2020 November 23

18:24 North P&I Club pre-renewal report confirms corrective response to market challenges
18:00 RF Government is set to reorganize the structure of development institutions
17:13 4th International Congress “Hydraulic Engineering Structures and Dredging” slated for 25-26 February 2021
16:34 Damen completes Eidsvaag Opal conversion
16:28 STLC and VEB-Leasing to be consolidated into Unified Leasing Company
16:05 Aker Solutions wins maintenance and modifications contract in Brazil from Equinor
15:41 Vard secures contract for eight marine robotic vessels
15:17 RF Transport Ministry confirms its intention to introduce investment charges in seaports from 2021
14:53 Hydrographic boat of Project 19920 joins RF Navy’s Northern Fleet
14:31 Concordia Maritime CFO resigns from his position
14:09 Friendship 2020 joint exercise of the Egyptian Navy and the Russian Navy Bridge ends at the Black Sea Fleet
13:25 Ningbo Containerized Freight index rises by 19.8% in November 2020
12:34 Average spot market price for Russian M100 product climbed to RUB 13,184 pmt
12:12 The UK could increase its ambitions for renewable energy at a lower cost to consumers, new Wärtsilä analysis finds
12:02 Chinese ports container throughput down 0.03% to 217.2 million TEU from January to October 2020
11:53 Global Ports and TransContainer launch expedited delivery of pellets from Siberia to Europe via Saint Petersburg
11:11 Brodosplit lays keels for two coastal patrol vessels
10:19 HELCOM revamps its tool for tracking implementation progress
10:12 MacGregor supports China’s Lingshui 17-2 gas field development
09:57 MABUX: Bunker Market this morning, Nov 23
09:41 Container throughput of port Shanghai (China) in 10M’20 fell by 1.7%
09:25 Oil prices rise on hope for demand recovery
09:12 Baltic Dry Index as of November 20

2020 November 22

16:23 Ørsted and NABTU sign landmark MOU for U.S. offshore wind workforce transition
15:18 Port Canaveral cruise terminal parking to feature E-PASS® contactless transaction technology
14:21 USCG Cutter Stratton returns home after crewmembers test positive for COVID
13:26 New Wallenius SOL service delivers 200,000 extra tonnes of paper reels to PSA Zeebrugge terminal
12:18 Port NOLA's Brandy D. Christian receives 2020 C. Alvin Bertel Award
11:41 BPA announces the release of UK Ports industry magazine
10:42 Coast Guard Cutter Diligence returns to homeport from Caribbean patrol

2020 November 21

16:12 Impact assessment agency of Canada interim report an incomplete analysis omitting a number of important facts
15:49 Cummins introduces X15 Stage V solution for European inland waterways
15:18 Belfast Harbour supports launch of Maritime Belfast Trust
14:07 Remote repair helmet overcomes pandemic restrictions
13:39 Armstrong Marine USA of Port Angeles, Wa. launches new identity as BRIX MARINE
12:24 Mackay provides electronics package for two Vigor-built pilot boats commissioned by Los Angeles Pilot Service
11:38 Third quarter 2020 business activity strong CMA CGM Group operating performance

2020 November 20

18:00 CMA CGM to launch the FLAMINGO EXPRESS service
17:49 Senior Arctic Officials’ plenary meeting held in a virtual format
17:05 Australia to end crew contract extensions
16:52 Port of Algeciras was awarded the ESPO Award 2020
16:33 FSUE "Rosmorport" takes part in International Forum "Transport of Russia"
16:05 MOL's new app boosts efficiency with real-time processing of ship operational data
15:40 Novotrans ensured 100-pct loading of Baltiysk ferry on Ust-Luga-Baltiysk line
15:08 ABP invests around £2 million in new lock gates in Ipswich
14:22 PD Ports unveils plans for River Tees Digital Platform
14:05 Rosterminalugol handled over 23.4 million tonnes year-to-date, up 8% YoY
13:44 Tallink receives Finnish Government guarantee for additional loan
13:21 Golar and Black & Veatch announce collaboration in floating ammonia production, carbon capture, green LNG and other emerging technologies
13:03 Zvezda starts cutting steel for lead LNG tanker of new ARC 7 class series
12:10 The “ECO Valencia” arrives to València