Hanjin to offer a ninth FE-North Europe service

Hanjin to offer a ninth FE-North Europe service

Hanjin is to add a further Far East-North Europe loop through slots on CMA CGM’s ‘FAL 1’ service, part of the ’Ocean 3’ FE-Europe service offering. COSCO also take slots within the frame of a slot arrange-ment with CSCL while Hanjin’s slots are believed to be under a sepa-rate arrangement with its long standing partner UASC.

The first Hanjin sailing is planned on 25 April from Ningbo on the CMA CGM AMERIGO VESPUCCI. The service launch will bring the number of weekly loops offered by Hanjin on the Far East-North Europe trade to nine.

Far Eastern port of Zarubino – “right place” for the transshipment of containers from China to China

Far Eastern port of Zarubino – “right place” for the transshipment of containers from China to China

In order to attract 1.2 million transit containers Ministry of Transport intends to make the Far East port of Zarubino as free port zone. This was stated by Viktor Olersky, Deputy Minister of Transport.

«Zarubino is the right place. There is, of course, handling transit containers that come from the north-eastern provinces of China and in the north-eastern provinces of China. This economy works» – leads the “Interfax” the words of the Deputy Minister.

Zarubino Port is located 18 km from the Russian-Chinese border. However, according to Victor Olersky if the free port zone do 100-200 km away from the border, “it will not work, no matter what area are doing.” In this case, the marine infrastructure will require a minimum of funds due to greater depths near the port. The Deputy Minister said that there need to create a regulatory and legal framework for the creation of a free port of Vladivostok, but that does not mean that the status of free port should apply only to Vladivostok. “Discussed up to in order to create a free zone around the Primorsky Territory, but in fact it will be separate areas,” – said Olersky.

For more information:

http://logirus.ru/news/infrastructure/mintrans_pytaetsya_napravit_kitayskie_tranzitnye_gruzy_v_zonu.html

Lithuanian carriers say simplification of entry into Russia, although officially this was not mentioned

Lithuanian carriers say simplification of entry into Russia, although officially this was not mentioned.

Total inspection of trucks with Lithuanian numbers on the Latvian-Russian border stopped, and now for the delivery of goods from Lithuania to Russia carriers can again choose the shortest route – through Latvia. This is reported by the representatives of the Lithuanian Association of Carriers Linava.

-«There is no official announcement that tighter checks are canceled, but by carriers we hear that it is now easier to enter the Russian Federation» – confirmed portal DELFI member of the Presidium of the Lithuanian Association of Carriers Linava Erlandas Mikėnas.

In November Lithuanian carriers were problems not only at the border, since arriving in Moscow cargoes have also been fully examined. To reduce time costs, trucks with Lithuanian numbers massively changed the route – began to go to Russia through Belarus. Some companies even overloaded cargoes.

For more information:

logirus.ru/news/custom_and_ved/slukhami_litva_polnitsya_vezd_v_rossiyu_stal_proshche_perevozchiki_proveryat.html

Gazprom Neft and Vietnam Oil and Gas Group (Petrovietnam) have signed a series of agreements to extend their collaboration activity

Gazprom Neft and Vietnam Oil and Gas Group (Petrovietnam) have signed a series of agreements to extend their collaboration activity. The documents were signed in Hanoi (Vietnam), in the presence of the Prime Minister of the Russian Federation, Dmitry Medvedev and the Prime Minister of Vietnam, Nguyễn Tấn Dũng.

Alexander Dyukov, Chairman of the Management Board of Gazprom Neft, and Nguyen Xuan Son, Chairman of the Board of Directors of Petrovietnam, signed a memorandum to extend their collaboration on joint oil and gas exploration, production and development projects on the Pechora Sea shelf (at the Dolginskoye field and the Severo-Zapadnyi (North West) licensed block). The two parties have agreed to create a dedicated working group of experts from both companies. By the end of October 2015, the parties will form a list of priority oil and gas fields and agree the basic terms of the partnership before further agreements are signed. The projects will be implemented via joint ventures of Gazprom Neft and Petrovietnam, in which the stakes of each party will be negotiated.

In addition, Alexander Dyukov and Nguyen Xuan Son have signed a document outlining key provisions of an agreement allowing Gazprom Neft to acquire a share in the Vietnamese

Dung Quat refinery. During the period set out by the agreement, Gazprom Neft will have exclusive rights to negotiate with Petrovietnam on acquiring its shares in the refinery.

In accordance with the agreement previously concluded between Gazprom Neft and Petrovietnam, Gazprom Neft plans to acquire a 49% stake in the plant which is owned and operated by Binh Son Refining and Petrochemical company. Plans to modernise the Dung Quat refinery will increase capacity from the existing 6.5m tonnes to 8.5m tonnes per year, and improve the efficiency of its technological processes enabling the plant to switch over to producing Euro-5 standard motor fuels. Gazprom Neft’s share of investment in the modernisation project will be proportionate to its share in the plant.

For more information:

www.gazprom-neft.com/press-center/news/1106772/

Chinese investor intends to participate in the construction of Ring Road in Moscow

Chinese investor intends to participate in the construction of Ring Road in Moscow.

JSC “DSK” Autobahn” signed with the Chinese company Jiangsu Baoli Asphalt Co., Ltd. a Memorandum of Intent of joint participation in construction projects of starting complexes number 3 and number 4 Ring Road (Central Ring Road) in the Moscow region.

Businessmen from China are interested in investing in the construction of Ring Road and in general in the working in road construction market in Russia, including the Far East.

In the near future at the invitation of the Chinese company is planned a trip of the representative of “DSK” Autobahn» in the delegation of the Federal Road Agency and the Ministry of the development of the Russian Far East to China.

It is assumed that the conference, organized by the Jiangsu Baoli Asphalt Co., Ltd, will be attended by the Minister of Transport Yang Chuantang, key representatives of financial institutions – Develop Bank, China Construction Bank, funds CITIC, China securities, shareholders of major Chinese companies, lawyers, representatives of the Russian consulate in Shanghai.

For more information:

www.logistic.ru/news/news.php?num=2015/04/02/35/31249265