Tankers Carrying Dirty Russian Oil Left Stranded at Sea

By Olga Yagova, Dmitry Zhdannikov and Florence Tan MOSCOW/LONDON, June 25 (Reuters) - In the opinion of Russian officials, the oil contamination crisis that disrupted flows from the world's second-largest exporter of crude this spring is long over. But a closer look at a dozen tankers containing dirty Russian oil suggests that for the buyers, the debacle has a long way … [Read more...]

Russia’s Rosatom Sees Northern Sea Route Development Costing $11.7 Billion

By Katya Golubkova and Gleb Stolyarov MOSCOW, June 24 (Reuters) - Russia's ambitious Northern Sea Route (NSR) requires 735 billion roubles ($11.7 billion) in investments, with the state budget to provide a third and the rest to come from companies and banks, the head of state nuclear firm Rosatom, Alexey Likhachyov, said. Rosatom, the world's top nuclear company in … [Read more...]

Watch: Amazing Time-Lapse Shows the World’s Biggest Nuclear Icebreakers

https://www.youtube.com/watch?v=bKaVhXn49xY Check out this mesmerizing time-lapse showing the Russian nuclear-powered icebreaker Yamal conducting Arctic operations along the Northern Sea Route. The video was released by the Russian-based media company TimeLab which had a film crew spend a week filming aboard the icebreaker in March 2019. Also shown in the video is … [Read more...]

Maersk to Trial TradeLens Platform in Russia

A.P. Moller - Maersk has reached deal with the Russian Ministry of Transport to launch its blockchain-based TradeLens platform in Russia. The agreement, signed by Maersk CEO Søren Skou and Yuriy Tsvetkov, Deputy Transport Minister and Head of Federal Maritime and River transport Agency, will allow Maersk to implement TradeLens to the Russian market with the aim of digitizing … [Read more...]

DP World, Russia Partnership Seeks to Develop Ports Along Northern Sea Route

By Katya Golubkova and Gleb Stolyarov ST PETERSBURG, June 7 (Reuters) - DP World, one of the world's largest port operators, wants to run ports that Russia plans to build along the northern sea route in the Arctic to shorten shipping times between the east and west, its chief executive told Reuters. Russian President Vladimir Putin has made developing the northern sea route … [Read more...]