Tag: Russia

Cargo shipping in Russia's Northern Sea Route has increased about five times since 2013, Aleksandr Kalashnikov, the department head at the Northern Sea Route Administration, reported.  In fact, a total of 13 million tons of cargo has been transported through the route until October 1.

The new agreement will include a right for seismic vessels from both countries to cross the delimitation line and use their seismic equipment within a distance of 5 kilometers on the continental shelf of the other country. According to the Delimitaion Agreement of 2010, such discoveries shall be subject to unitization.

South Korean oceans ministry informs that it examines the possibility of developing a port in Russia's Far East. This moves targets to help local companies leverage its strategic location. The Ministry of Oceans and Fisheries will conduct the feasibility study until September 2019 on the Port of Slavyanka.

A Panama-flagged vessel ship, loaded with scrap metal sank in the Black Sea, 50 miles off the coast. The ship's all eight crew members, including two Turkish nationals and six Azerbaijani nationals were rescued. According to an initial investigation, the vessel sank probably due to a cargo displacement.

Russian natural gas producer Novatek, through its wholly owned subsidiary Arctic LNG 3, announced discovery of a new natural gas and gas condensate field at the North-Obskiy license area, located in the shallow waters of the Ob Bay, in the Arctic Ocean.

Russia’s Ministry of Foreign Affairs has summoned South Korea’s ambassador in Moscow and demanded that Seoul allow a Russian vessel to leave South Korea’s port of Busan. The vessel, named 'Sevastopol', was one of six Russian-flagged vessels targeted by United States sanctions in August.

Yamal LNG announced that the 68th cargo offloaded from the Yamal LNG project onto the Arc7 ice-class tanker 'Christophe de Margerie', exceeding 5 million tons of LNG produced since the start of the first LNG train in December 2017. Novatek has also shipped its first LNG cargo to the Brazilian market.

The Ministerial Meeting of the Foreign Ministers of China, France, Germany, Russia and the UK will set up a legal entity to facilitate legitimate financial transactions with Iran and allow European companies to continue trade with Iran.  Namely, the participants considered ways forward to ensure the full and effective implementation of the JCPOA in all its aspects.

Poland wants to build a canal through a narrow strip of land that blocks the Vistula Lagoon on the north-east coast from the Baltic Sea. The president of Poland's ruling party noted the canal will be built through a split of land near the Russian border.  Currently, Polish ships leaving from the port of Elblag have to pass through Russian waters to get to the open sea.

The Russian deputy Prime Minister support to the upcoming restrictions on the Russian Arctic shipping route. The bill will allow only ships built in Russia and carrying Russian flag to sail on the route. The regulation to come into force on 1 January 2019. As Mr. Borisov said the Northern Sea Route is Russian coastal waters, so Russia wants to support its shipbuilders.