The Russian Defense Ministry has released video of nuclear-powered Borei-class submarine test firing a barrage of four Bulava missiles from below the surface. The test was conducted on Tuesday from a submerged location in a designated area of the White Sea, located off the northwest coast of Russia. The Ministry said the missiles were launched against targets at the Kura … [Read more...]
Russia’s First Floating Nuclear Power Plant Arrives in the Arctic
By Vladimir Soldatkin MOSCOW, May 21 (Reuters) - Russia's first-floating nuclear power plant arrived in the Arctic port of Murmansk over the weekend in preparation for its maiden mission, providing electricity to an isolated Russian town across the Bering Strait from Alaska. The state company behind the plant, called the "Akademik Lomonosov," says it could pioneer a new … [Read more...]
MSC Stops Trade with Sanctioned Russian Entities
LONDON, April 17 (Reuters) - Mediterranean Shipping Company (MSC) has stopped any new trade with Russian entities targeted by U.S. sanctions, the world’s number two container group said on Tuesday. The United States on April 6 imposed sanctions against Russian entities and individuals to punish Moscow for its alleged meddling in the 2016 U.S. election and what the U.S. … [Read more...]
Russian Oil Product Exports from Black Sea Port ‘Collapse’ Due to Managerial Conflict -Transneft
LONDON/MOSCOW, Feb 21 (Reuters) - Shipments of oil products from a Russian Black Sea port, hit by a managerial conflict, have "collapsed", Russian oil pipeline monopoly Transneft said on Wednesday. A Transneft spokesman said as many as six tankers have been held up at the port of Novorossiisk and 2,400 railcars have been waiting for reloading. Four industry sources told … [Read more...]
Shell Time Charters Two Pioneering LNG-Powered Tankers from SCF Group
Russian state-owned shipping company SCF Group has signed time charter agreements with a unit of Royal Dutch Shell for the charter of two of the world's first LNG-powered oil tankers. The signed agreements mark the next step in SCF Group's effort to construct six Aframax tankers powered by a combination of liquefied natural gas and heavy oil. The vessels are currently under … [Read more...]