UKRAINE, BELARUS INCREASE DAILY FREQUENCY OF KYIV-MINSK FLIGHTS TO 22

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 MAY BECOME BRIDGE BETWEEN POLAND AND CHINA

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…

RUSSIA: MURMANSK COMMERCIAL SEAPORT AND SUEK AG AGREE ON TRANSSHIPMENT OF EXPORT COAL IN 2016

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…


RISSIA: SHIPBUILDING COMPANY ALMAZ LAUNCHED SELF-PROPELLED FLOATING CRANE OF PROJECT 02690

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…

UKRAINE: DRY BULK SHIPPING INDEX SHOWED SOME REDUCTION FOR THE FIRST TIME OVER THE MONTH

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…

RUSSIA: QI’2016 PROFIT ATTRIBUTABLE TO NOVATEK SHAREHOLDERS UP 87.4% TO RR 58.2 BLN

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…

RUSSIA: FLYDUBAI GIVES FINANCIAL AID TO RELATIVES OF AIR CRASH VICTIMS IN SOUTH RUSSIA

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…