Search results for: russia

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  • 12 September 2014

    The Council of the European Union on Thursday announced that strengthened EU sanctions against Russia, for its involvement in the Ukraine crisis, will enter into force upon the publication of the legal acts in the EU Official Journal on Friday. They include the following measures: Restrictions on Russia’s access to EU capital markets have been strengthened. […]

  • 23 August 2012

    Wednesday 22 August, Russia joined the World Trade Organization as 156th country. It is the last large economy to join the WTO, ten years after China. China’s joining resulted in a huge increase in world trade, shipping and the port sector, and caused price rises in shipping transport and capacity shortages in ports. Given the […]

  • 9 November 2012

    Russian President Dmitry Medvedev stated that investments in Russia’s shipbuilding industry will amount to over 600 billion rubles, including 330 billion rubles of budget funds, Prime Business Agency reports. Medvedev signed a federal law with tax relieves stimulating the domestic shipbuilding industry. The law exempts shipbuilders and shipping companies from payments to Russia’s Pension, Social […]

  • 1 August 2014

    Russian nuclear-powered icebreaker Yamal has embarked on a journey to assist  research vessel Akademik Fyodorov in a  geophysical study off Russia’s continental shelf.   During the expedition, the two will collect geophysical data on presence of oil-and-gas at Russia’s continental shelf beyond the 200-mile zone. Once completed, the results will be used as a foundation […]

  • 18 March 2019

    Russian shipbuilders and equipment manufacturers sanctioned by the US, EU and Canada.

  • 22 December 2014

    Yamal LNG project in Russia could get a 150 billion roubles of support from Russia’s National Wealth Fund.

  • 3 September 2018

    U.S. calls on Russia to cease its ‘harassment of international shipping’ in the Sea of Azov and the Kerch Strait.

  • 12 September 2014
    Equipment

    It is official. The new package of sanctions by the EU against Russia has taken effect today, after the legal acts were published in the EU Official Journal on Friday. As previously reported, apart from the companies which are part of Russia’s defense sector, companies established in Russia whose main activities relate to the sale or transportation […]

  • 18 September 2015
    Business & Finance

    Dubai-based port operator DP World is interested in investing in Russia’s Far East region, the company’s Chairman Sultan Ahmed bin Sulayem said after a meeting with  Russian President Vladimir Putin during the opening of the Eastern Economic Forum (EEF) held in Vladivostok from September 3 to 5. Following the meeting, Putin mandated Yuri Trutnev, Deputy Prime Minister of […]

  • 26 June 2015

    Russia’s Transport Ministry is considering a new bill that would considerably restrict shipping operations for foreign flagged vessels in the Russian Arctic. Namely, as reported by Russian newspapers Kommersant, the bill would ban foreign-flagged ships from exporting oil and gas from the region. What is more, the ministry is also thinking about prohibiting vessels not built […]

  • 7 August 2012

      According to Security Council Chief Nikolai Patrushev, Russia will establish infrastructure hubs along the Northern Sea Route that stretches along Russia’s Arctic coast from Murmansk on the Barents Sea to the Bering Strait in the Far East, RIA Novosti news portal reports. The idea behind the hubs is to serve as temporary stations for […]

  • 26 June 2015

    Russia’s Transport Ministry is considering a new bill that would considerably restrict shipping operations for foreign flagged vessels in the Russian Arctic. Namely, as reported by Russian newspapers Kommersant, the bill would ban foreign-flagged ships from exporting oil and gas from the region. What is more, the ministry is also thinking about prohibiting vessels not built […]

  • 23 July 2014

    Russia is a major exporter of crude oil, petroleum products, and natural gas. Sales of these fuels accounted for 68% of Russia’s total export revenues in 2013, based on data from Russia’s Federal Customs Service, the U.S. Energy Information Administration (EIA) said in a report. Russia received almost four times as much revenue from exports of […]

  • 18 September 2015
    Business & Finance

    Dubai-based port operator DP World is interested in investing in Russia’s Far East region, the company’s Chairman Sultan Ahmed bin Sulayem said after a meeting with  Russian President Vladimir Putin during the opening of the Eastern Economic Forum (EEF) held in Vladivostok from September 3 to 5. Following the meeting, Putin mandated Yuri Trutnev, Deputy Prime Minister of […]

  • 19 September 2013

    Wood Mackenzie says Russia is shifting its outlook east and engaging with China on a range of huge deals that could see energy trade between the neighbouring countries quadruple by 2025. Agreements for oil, coal and power supply have already been struck and while negotiations on a gas deal have proved more difficult, Wood Mackenzie […]

  • 31 July 2014

    Sales of Russia’s crude oil, petroleum products, and natural gas accounted for 68% of Russia’s total export revenues in 2013, based on data from Russia’s Federal Customs Service.   “Russia received almost four times as much revenue from exports of crude oil and petroleum products as from natural gas. Crude oil exports alone were greater […]

  • 23 December 2014

    EIA finds that Russia’s crude oil, petroleum products, and natural gas make up 68% of country’s 2013 total export revenues.

  • 5 May 2017

    MOSCOW (Reuters) – Russian exporters have suspended liquefied petroleum gas (LPG) exports to Ukraine for the second time in a month because Russia’s regulator has not given clearance for the shipments, traders said on Thursday. Russia restricted LPG exports to Ukraine in early April for a few days citing concerns it could be used for […]

  • 28 April 2014

    Igor Ivanovich Sechin, head of Russia’s largest oil company Rosneft, has found himself on the U.S. Department of the Treasury’s latest list of sanctions imposed on Russia for involvement in the Ukraine crisis. According to a press release on The U.S. Department of the Treasury website, the U.S. designated seven Russian government officials, including two persons […]

  • 22 September 2014

    New technologies, growing Asian markets, and Western sanctions have the potential to shift the regional balance of Russian oil and natural gas production in the long term, according to the U.S. Energy Information Administration (EIA). “Russia was the world’s largest producer of crude oil in 2013” EIA data shows that Russia was the world’s largest […]

  • 19 July 2011
    Business & Finance

    OAO NOVATEK (NOVATEK and/or the Company) has announced the inaugural voyage of a high-tonnage Panamax class tanker, which has navigated a new route north of the New Siberian Islands. On 29 June 2011, the tanker “Perseverance” set sail from the Russian port of Murmansk carrying a cargo of 60 thousand tons of NOVATEK’s stable gas […]

  • 18 April 2012

    Three Dutch ports jointly present themselves at the TransRussia exhibition in Moscow, the largest event in Russia, the Baltic region and the former Soviet republics for logistics, cargo, transport and international trade. The Dutch ports are Port of Amsterdam, Port of Rotterdam and Zeeland Seaports, powered by ABN AMRO Bank. TransRussia will take place in […]