Russia
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Europe
FESCO bags ice class feeder
According to Alphaliner, Russia’s Far Eastern Shipping Company (FESCO) has bought the 16-year-old 822 teu from German owner Reederei Bartels…
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Europe
Sovcomflot secures financing and charter for icebreaking LNG carrier
Russian state-owned shipping company Sovcomflot has entered into an agreement with domestic financial institution VEB.RF Group for the lease financing…
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Europe
Explosion onboard Russian tanker kills three
Three crew were killed in an explosion onboard a Russian tanker on Saturday near Nakhodka Port in the far east…
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Europe
Russia plans to delay sulphur cap through to 2024 on its rivers
Russia, Kazakhstan, Kyrgyzstan, Belarus and Armenia are the latest countries to hint that they may not comply with the global…
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Europe
Russia to set up Arctic container shipping line
Russia is looking to set up a state-run containership operator to support its efforts to develop the northern sea route…
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Europe
FSB raids Transas office in St Petersburg
Security services raided the St Petersburg office of Transas yesterday, seeking access to the company’s Transas Navigator databases. The Federal…
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Europe
MOL participates in Russian gas transhipment projects across the Northern Sea Route
Gas infrastructure along Russia’s Northern Sea Route is set to get a Japanese upgrade with news Mitsui OSK Lines (MOL)…
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Europe
Sergey Frank to step aside at Sovcomflot
Sergey Frank will step down from his position of CEO at Russian state-owned shipowner Sovcomflot. Frank will be installed as…
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Europe
Sovcomflot and NYK seal $176m LNG vessel refinancing incorporating Poseidon Principles
Sovcomflot and NYK Line have sealed a new $176m credit facility which will be used to refinance LNG carriers Grand…
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Europe
Fesco forms intermodal LNG shipping partnership with Chinese firms
Russian owner Fesco has entered into a partnership agreement with Chinese companies Best Ship Energy Management and Zhejiang Rui Neng…
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Europe
Novatek sets up LNG carrier jv with Sovcomflot
Russian gas producer Novatek has entered into a joint venture agreement with Sovcomflot to create a shipping joint venture. Under…
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Europe
Sovcomflot orders LNG-fuelled product tankers
Sovcomflot’s board of directors has heeded the will of the government and placed orders for three high tech product tankers…
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Europe
Ukraine seizes Russian tanker
In a similar tit-for-tat maritime spat to the ongoing tanker showdown between the UK and Iran, Ukrainian authorities revealed yesterday…
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Europe
Russian tanker explosion kills two
An explosion occurred onboard a tanker at Port of Makhachkala in Russia today, killing two people. According to report by…
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Europe
Russia and China set up Arctic shipping joint venture
China’s Arctic Silk Road ambitions are becoming reality. Russian state-run shipping major Sovcomflot and energy firm Novatek signed an agreement…
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Europe
Sovcomflot cancels redelivery of Polarcus vessel, extends charter by two years
Dubai-based offshore survey company Polarcus has announced that Russian state-run owner Sovcomflot will keep survey vessel despite announcing its intentions…
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Europe
Struggling Helsinki shipbuilder gets new Russian owners
A Russian-controlled shipyard in Helsinki is set to change hands for the third time this decade in the coming days.…
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Europe
Sovcomflot seals $297m financing for newbuild LNG carriers
Russian shipping group Sovcomflot has secured a new 10-year $297m credit facility from international banks ING Bank, KfW IPEX-Bank, and…
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Greater China
Dajin Heavy partners up with Yangzijiang for bulker order
Dajin Heavy Industry, the subsidiary yard of financially troubled Shanghai Bestway Marine & Energy Technology, has partnered up with Yangzijiang…
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Europe
Tankers to profit from contaminated Russian crude crisis
The halting of crude flows last week through Russia’s Druzhba pipeline following the contamination of supplies could have serious repercussions…
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