11th EU sanction package mostly aims at targeting circumvention
The EU Commission adopted the 11th sanction package against Russia. In the latest package, the institution highlights the need to tackle sanctions circumvention attempts that involve third countries. The Commission will thus restrict the sale,...Read more
Drewry: headwinds for Russian multipurpose sector may bring positives elsewhere
War in Ukraine has certainly had an effect beyond the borders of the country and the multipurpose vessel industry was not exempt. Russia’s attack on Ukraine brought some uncertainties in the global multipurpose vessel (MPV)...Read more
EMCO: A look at Egyptian project cargo
What do 1,300 Russian-made train wagons and a shipment of 213 wind turbine blades have in common? They are both project cargo shipments that have been handled in Egypt by EMCO.Read more
DSV stops operations in Ukraine
In the early hours of February 24, Russia launched attacks on Ukraine, causing a number of companies to suspend operations in the region. DSV – Global Transport and Logistics is one of the companies that...Read more
Mammoet delivers launch pad for Angara space rocket complex
Project logisticsMammoet has delivered 14 crucial components for the Angara space rocket complex which is being constructed in Russia. The company was contracted to unload the pieces of heavy and oversized equipment from a barge and...Read more
Russian project cargo market continues to grow despite pandemic
RussiaThe Russian market of oversize cargo transport keeps growing at a steady pace despite the pandemic and the associated negative economic consequences, say leading transport companies operating in this field.Read more
Barrus defies harsh weather in steam generator move
Project logisticsBarrus Projects has recently transported a couple of high-pressure steam generation units for the development of a new maleic anhydride production plant in Tobolsk, Russia. The shipment was made difficult by harsh weather conditions. Read more
Ahlers invests EUR 13 million in St. Petersburg expansion
Project logisticsPRESS RELEASE – Ahlers is investing EUR 13.2 million in new warehousing facilities at the company’s site in St. Petersburg, Russia. The expansion will allow Ahlers to meet the increasing demand in a booming e-commerce...Read more
Roll Group enters Russian market
ShippingPRESS RELEASE – Roll Group has expanded its commercial network with the appointment of TMBC Logistics as the commercial agent for RollDock Shipping in Russia. With the corporation, the heavy transport shipping company wants to...Read more
Barrus Projects moves heavy pieces by rail in Russia
Project logisticsPRESS RELEASE – Barrus Projects has completed the transport of several oversized cargoes for Alexander Global Logistics to the site of JSC Taneco in Nizhnekamsk in Russia.Read more
Russia forecasts significant growth in super-heavy cargo transports
ConstructionThe Russian market for super heavy cargo is expected to grow by 2 to 4% annually in the next few years. In addition to the domestic power industry, the development of hydrocarbon reserves in Northern...Read more
Mammoet creates beach landing to deliver in Sakhalin
Project logisticsMammoet created a custom beach landing solution to deliver 22 pieces of equipment to the onshore processing facility compression site of the Sakhalin-2 project in Russia. In addition to the lack of infrastructure, the Dutch...Read more
EMS Chartering opens branch office in St. Petersburg
ShippingGerman logistics company EMS Chartering has expanded ist network with a new office in St. Petersburg. Since the beginning of June, Senior Representative/Chartering Manager Alexey Yemtsov takes care of the market in Eastern Europe.Read more
AML, SAL and Mammoet move 955-tonne pressure vessel
ShippingUnder the supervision of the Antwerp-based freight forwarder AML, SAL Heavy Lift and Mammoet have transported a massive 955-tonne pressure vessel from Belgium to Russia. Manufacturer Coek Engineering spent two years on the construction of...Read more
Mammoet lands largest-ever contract for $21bn Arctic LNG 2 project
ConstructionMammoet has secured its largest-ever contract for the 21 billion dollars Arctic LNG 2 project in northern Russia. It will see the heavy-lift specialist lift 42 modules with a combined weight of more than half...Read more
Oil prices jump 20% after Trump tweets about production cuts
Oil priceOil prices have jumped by over 20% to USD 31,62 (Brent) after Saudi Arabia called for an emergency of OPEC and its allies including Russia and President Donald Trump tweeted about possible production cuts of...Read more
Fuel prices take a massive nosedive
CoronavirusFuel prices have taken a massive nosedive since the beginning of the year with low sulphur fuel prices in Singapore dropping from USD 734 per tonne on January 1st to USD 415 per tonne today. The...Read more
Allseas CEO: “Stopping Nordstream 2 hurts our honour”
Oil&GasIn a rare interview, Allseas CEO Edward Heerema said stopping Nordstream 2 was first and foremost damaging to the company’s sense of honour. “It’s a disappointment, we really wanted to take credit for it”, he...Read more