Ukrainian and Belarusian aviation authorities have reached an agreement to increase frequency of flights on the Kyiv-Minsk route to 11 flights a day for each side. The press service of Ukraine’s State Aviation Service reported that the consent letter was sent to the aviation department of Belarus on April 26. The sides earlier lifted restrictions…
Ukraine can play the role of the country, which will connect Poland and the Baltic States with China via creating the “Silk Road”. Polish Foreign Minister Witold Waszczykowski made a statement during his visit to China, the Polish Foreign Ministry reports. “It is Ukraine that can play an important role as a connecting link between…
Murmansk Commercial seaport (MMTP PJSC)says it undertakes to transship export coal of SUEK AG (subsidiary of SUEK OJSC) from May 1 till December 31, 2016. The agreement is preliminary valued at almost $500 mln. The volumes to be transshipped under the agreement is 8 mln t +/- 20 %. The agreement also foresees the transshipment…
In mid-April 2016 Shipbuilding Company Almaz launched its SPK-46150 self-propelled floating crane (Project 02690, Sr. No.906), the shipyard says. The self-propelled floating crane was placed at the shipyard wharf wall for further fitting-out. Joint Stock Shipbuilding Company “Almaz” was founded in 1933 as a shipyard of the USSR Coast Guard. Today St. Petersburg headquartered Almaz…
Last week dry bulk shipping index Baltic Dry showed reduction for the first time over more than a month. But summarizing the results of the week the Index increased by 12.2% to the maximum of 670 points over the last 5 months. Change in the indicator direction happened due to reduction in the sector of…
NOVATEK has released its consolidated interim condensed financial statements as of and for the three months ended 31 March 2016 prepared in accordance with International Financial Reporting Standards. Profit attributable to NOVATEK shareholders increased by 3.7 times to RR 115.9 billion, as compared to RR 31.1 billion in the first quarter 2015. Profit for the…
The airline FlyDubai has provided financial assistance to the relatives of 40 victims of the air crash in Rostov-on-Don in south Russia, the Russian Transport Ministry reported on Sunday. “The size of the initial payment equals 135,500 rubles [$1,978] per each victim,” the ministry said in a statement. The airline FlyDubai has decided to open…
In 2015 the total number of containers transshipped via Giurgiulesti International Free Port and delivered to or collected from the Port of Constanta by Danube Logistics SRL increased by 3% to 7,986 containers (9,912 TEU), says the port’s press center. While the number of import containers decreased due to the challenging economic environment, the number…
Uzbekistan Temir Yollari (Uzbekistan Railways) transported 4.9 million passengers in the first quarter of 2016, the First Deputy Chairperson of the Board of the company Davron Dehkanov said. He said that the company transported 16.7 million tonnes of cargo in the reporting period, which rose by 100,000 tonnes compared to the same period of 2015.…
The European Bank for Reconstruction and Development (EBRD) is ready to finance the renewal of Ukrainian railways’ rolling stock, EBRD Senior Banker in Ukraine Mark Magaletsky has stated. “From the point of view of private business, the situation is difficult here. This is due to a lower cargo turnover, devaluation and other factors. Meanwhile, the…