COMMENT | 26.06.2009

Transportation of Oil: Are competitors more terrible than the crisis?

Oil TrainThe figures for the five months of this year shown by the oil sector looked very hopeful against the background of many other cargoes’ transport figures. Meanwhile, the volume of “black gold”, which is travelling by the road, is still influenced not only by the crisis, but by high competition from other types of transport. Who will have the last word, the pipe, the river or, again, the road?

INTERVIEW | 28.06.2009

Prices held, demand lost

Valeriy ShpakovWe have asked
Valery Shpakov, General Director of OAO "New Transportation Company" (part of Globaltrans Group), which has more than 6 thousand tank wagons in its park, to comment on the most important questions concerning the tank wagon repair service market.

NEWS

Russian anti-trust body to fine oil companies for price hikes

02.07.2009 (16:08)

The Russian Anti-Monopoly Service said on Thursday it would apply to the Higher Arbitration Tribunal to recover several hundred million U.S. dollars from major Russian oil companies due to price-fixing policies.

Japan Stands for Creation of a Modern “Silk Road” from the Pacific to Europe

02.07.2009 (15:34)

Japan is going to participate in port infrastructure development on the coast of the Caspian Sea and other transport projects in Eurasia, claimed Japanese Prime Minister Taro Aso.

Rusagrotrans Will Invest RUR 3 Bln. into Grain Market Infrastructure

02.07.2009 (14:13)

Rusagrotrans CJSC is going to invest RUR 3 billion into the RF grain market infrastructure development in 2009.

Throughput of Sea Commercial Port of Illichivsk down 12.5% in H1 2009

02.07.2009 (13:15)

In the first half of 2009, Sea Commercial Port of Illichivsk (Odessa region, Ukraine) handled 8.273 million tonnes of cargo (-12.5%, year-on-year). In June the company handled 1.128 million tonnes of cargo.

Russian Forwarder Market Becomes Smaller

02.07.2009 (12:50)

Three dozens significant players have left Russian transport and logistic services market this year.

Ukrzaliznytsya: Less Transit

02.07.2009 (11:40)

By the end of the first half of 2009, the volume of transit transportation of Ukrzaliznytsya (Ukrainian Railway) reduced by more than 1/3. The company’s revenue fell by 15%.

BTS-2 May Be Launched Earlier Than Planned

02.07.2009 (11:03)

The Baltic Pipeline System (BTS)-2, designed to pump oil from western Russia's Bryansk Region to the Leningrad Region, will be put into operation at the end of 2011, Sergey Ivanov, Russian Vice Prime Minister said yesterday.

EXHIBITIONS AND CONFERENCES

Shanghai Containers & Intermodal Exhibition 2009

28.07.2009 - 30.07.2009

Shanghai, China

TranSec India Expo 2009

07.09.2009 - 09.09.2009

India, Mumbai

China Railway Innovation Summit 2009

14.10.2009 - 16.10.2009

China, Beiging

PRESS REVIEW

Ust-Luga: unite and rule

02.07.2009 (15:54) | Portnews

Automobile component of automobile-railway ferry complex in Ust-Luga port (Leningrad region) and multipurpose transloading complex Yug-2 are to be integrated under unified management. Yug-2 is to undergo diversification of cargoes.

Economic Development Ministry lowers forecasts for GDP in 2009

30.06.2009 (13:22) | Itar-Tass

The Russian Economic Development Ministry has lowered its forecasts for the Gross Domestic Product (GDP) and industrial output, but upgraded a forecast for the trade balance and inflation in 2009, the Prime Tass economic news agency cited an official at the ministry as saying on Monday.

Italian railway explosion kills ten, injures at least 40

30.06.2009 (11:11) | Herald Sun

Ten people are dead after two rail tankers filled with gas exploded in a derailment in the northern Italian city of Viareggio.

South Korea swims over to the North-West

29.06.2009 (10:53) | Portnews

Three projects for construction of superyards capable of building ships with cargo capacity exceeding 100,000 tonnes have been simultaneously announced in St. Petersburg and the Leningrad region.

Transit paradise, or Truth is somewhere nearby

26.06.2009 (12:57) | Gazeta.kz

Big automobile transport projects in Kazakhstan may remain just on the paper, unless procedure issues are decided and corruption is minimized.