Eurasian Transport Hub for the Silk Road Economic Belt to be Built in Outskirts of Moscow

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By Marina Romanova

vagon_03Russia and Kazakhstan plan to build a 400,000 TEU international logistic center ‘Central Dry Port’ in Moscow suburbs, Russian daily Kommersant reports. Russian firm Coalco Development and KTZExpress, subsidiary of Kazakhstan’s Railways, signed an agreement on this project on October 5th.

The construction site of the logistics hub handling containers passing along the “New Silk Road” (China – Kazakhstan – Europe) and Trans-Siberian corridor will be situated in Domodedovo district of Moscow region on a 60 hectare plot of land at Russian M-4 “Don” highway. Container and transport terminals, warehouses of low-temperature and dry containers are planned to be built there.

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Electronic Document Interchange: International Experience

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By Paul Sprague

For quite some time, there has been a movement in Europe and the United States towards creating an electronic document interchange (EDI) between companies that would reduce cost and improve accuracy in the long term. This movement was started with the implementation of communication standards in the mid 1980’s followed by legislative changes which gave credibility to such systems and then finally acceptance and implementation in the marketplace across a wide range of industries. Today, EDI is an integral part of many company’s operating structures. Some common examples are the insurance industry, credit bureaus and suppliers to retail outlets.

The insurance industry widely makes use of EDI. This process is initiated when the medical facility sends data about patients and services through secure channels to the insurance company for claims processing. The benefits of EDI are easily visible due to the volume of documents that are exchanged and the amount of data that is processed on a daily basis. EDI allows insurance companies to save money and to remain competitive and it has been widely adopted in this industry. Continue reading…

Siemens to Become One of the Biggest Investor in Russian Economy

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Oct. 19 – German engineering and industrial giant Siemens AG will spend €1 billion (US$1.37 billion) on projects in Russia over the next three years, Peter Löscher, head of the board, said on Monday.

Russia’s energy sector will get the bulk of investment – around €700 million, with €400 million to be invested in a St. Petersburg-based joint venture created between Siemens and Russian firm Power Machines to be spent on gas-fired turbine construction and servicing them. The German company will hold 65 percent in the joint venture. Continue reading…

Russia to Use Foreign Ports to Export its Grain

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Aug. 29 – Russia may have to use ports in the Ukraine and the Baltic States to export as much as 23 million metric tons (mmt) of grain if harvests continue to be strong this season, ZAO Rusagrotrans, the country’s biggest carrier of cereals by rail, said in a recent statement.

“Russia’s ports and railroad system are nearing their full capacity to handle grain destined for foreign shipment,” said Igor Pavensky, head of the market analysis department at Rusagrotrans. Continue reading…

Russian Railways to Expand to Europe

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Aug. 24 – The state monopoly Russian Railways is considering buying a controlling stake in Zeleznica Spolecnost Cargo Slovakia from its parent company Slovak Republic Railways, Russian Railways Vice President Salman Babayev told reporters on Tuesday.

Babayev said that Russian Railways also had bid for Poland’s PKP Cargo, Europe’s No. 2 rail freight carrier. PKP Cargo is also of interest to the Czechs who want to merge Czech rail company CD Cargo with PKP Cargo in the most ambitious central European railway deal ever. Continue reading…

European Commission May Ease Travel to EU for Kaliningrad Residents

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Aug. 1 – Residents of the Russian enclave of Kaliningrad may soon be able to visit relatives and do business in the European Union border region with special permits for regular crossings, instead of visas, under a proposal unveiled by the European Commission on Friday.

The European Commission has proposed allowing the states bordering Kaliningrad to negotiate bilateral agreements to make border crossings easier for people living within 30 kilometers to 50 kilometers of the EU frontier.

“(This) will facilitate people-to-people contacts and enhance economic cooperation on both sides of the border, without affecting security,” EU Home Affairs Commissioner Cecilia Malmstrom told reporters in Brussels. Continue reading…

South Korea to Enter Russia’s Far East Air Transportation Market

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Jul. 11 – South Korean Incheon International Airport Corporation (IIAC) and Khabarovsk Airport has signed a strategic partnership agreement, the airport reports.

According to the agreement, state-run IIAC acquires 75,028 additional shares – 10 percent of authorized capital stock – of Khabarovsk airport of Russia’s Far East city of Khabarovsk.

The agreement has been signed by the chairman of the board of Khabarovsk airport, Konstantin Basyuk, and the CEO of IIAC, Che-Wuk Lee, within the presence of Russian Minister of Transport, Igor Levitin, and the governor of Khabarovsk Region, Vyacheslav Shport. Continue reading…

Russia, Kazakhstan, Belarus Customs Union Opens Borders

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Jul. 4 – The last customs offices between Russia and Kazakhstan were closed on July 1, 2011, as a new international free-trade zone comes to fruition. The customs union (CU), which includes Russia, Kazakhstan and Belarus, removed the last internal customs controls at their borders on Friday.

Customs control on the inner borders of the three countries will be abolished; veterinary, phytosanitary and transport control will be moved to the CU’s external borders. As of Jan. 1, 2011, there are unified forms and instructions on declaring goods. Continue reading…

Arctic Port of Dudinka Resumes Operations after Spring Flooding

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Jun. 8 – Russian metals giant Norilsk Nickel resumed shipments from its Arctic port of Dudinka after flooding prompted a seasonal halt. The port of Dudinka, the company’s main export outlet, resumed its operations on Sunday, Norilsk said in a press release.

Suspension of loading operations at Dudinka takes place annually in May and lasts approximately one month. During that period, Norilsk Nickel continues to fulfill its delivery obligations regardless of the timing of the commencement and completion of this planned operation. Continue reading…

Russians to Send Oil to China via Northern Sea Route

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Apr. 21 – OAO Sovcomflot, Russia’s largest shipper, and OAO Novatek will send 3-4 cargo of gas condensate on a second voyage across the so-called Northern Sea Route rather than the Suez Canal, a senior Sovcomflot official said on Wednesday.

Last August, Sovcomflot shipped a high-tonnage Aframax tanker with 70,000 metric tons of condensate cargo along the Northern Sea Route for Russia’s largest independent gas producer Novatek in the first ever voyage by a large vessel along the route. Continue reading…

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