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Russia joins forces with Far East Development Fund to develop Northern Sea Route

14 Apr 16

Denis Askinadze, Managing Director of the Far East Development Fund, says: “It would be hard to overstate the significance of

the NSR for Russia’s economy. It has been an important transport corridor contributing to the economic growth both of the Arctic regions and of Russia as a whole. Pursuing the goal of practical development of the NSR and drawing on the GAC Russia team’s extensive local knowledge of the Arctic region and global shipping and logistics expertise, we believe that this partnership will address the challenges and help to form a hands-on solution for all users of the NSR.”
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Tutunciftlik, Turkey Loading/discharging as usual, despite refinery fire

18 April 2016

Vessel loading and discharging at the port of Tutunciftik is continuing as normal and without any problems today (18 April), despite a fire which broke out at the TUPRAS refinery crude oil unit during maintenance works at 22:40 hours last night (17 April).
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