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Panama-flagged Russian general cargo vessel City ran aground on a breakwater approaching Sakata port in Japan’s Yamagata Prefecture over the weekend.

ClassNK is pursuing aggressive expansion with the opening of new offices in Charleston, US, and Novorossiysk, Russia, in a single day.

Wärtsilä has inked a contract with Russia’s Ruselprom Group to outfit two new icebreakers with engines that can operate in super arctic conditions.

The officer on watch at the time of the Lysblink Seaways grounding had drunk half a litre of rum, the Marine Accident Investigation Branch (MAIB) has found.

The yearly ‘Christmas jump’ in container trade has “almost completely failed to materialise” thanks to falling container volumes from Russia and China, says the Port of Hamburg.

The decision by Shell to pull out of drilling in the Alaskan Arctic is a major blow to an already hard-pressed specialised segment of the offshore industry, says DNV GL.

Russian terminal operator Global Ports Investments has been hit hard by the country’s economic woes and sanctions against imports.

DP World is considering a move into Eastern Russia after its top official met with Russian President Vladimir Putin recently.

Russiam shipowner Sovcomflot has reported a mlore than trebling of first hald 2015 profits to $216.3m versus $63.6m in H1 2014, as well as an 11.8% surge in revenues year-on-year.

News reports on what is happening in the ship refueling markets of Far East Russia are few and far between. This is not surprising if one looks at the economic activities of the zone and its lack of proximity to metropolitan cities, and not to mention that bunker market is itself a very niche area of reporting.

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