Industry news

OJSC ”Murmansk Shipping Company,” approved the company’s budget for 2012, which is scheduled income of $ 10 million

The work of icebreakers in the Northern Sea Route (NSR) will be needed, even if as a result of climate change, the ice will completely disappear from the Arctic in the summer, said department head interaction between the ocean and the atmosphere of the Arctic and Antarctic Research Institute (AARI) Henry Alekseev.

Prime Minister Vladimir Putin has authorized the transfer to the charter capital of the shipping company ”SCF” 100% shares of ”Sevmorneftegeofizika” (SMNG), a research marine geophysical company. According to ”Kommersant”, January 15 Prime Minister instructed the head of their staff to Anton Vaino prepare a ”draft the necessary enforcement documents” for this transaction. Ministry of Economic Development stated that the request was received by the department. Source publication says that the deal should not greatly delay the privatization of ”SCF.”

JSC ”EURASIA Nakhodka Commercial Sea Port” in the January 2012 turnover increased by 13% over the same period of 2011 – up to 516 tons, the press service of the stevedoring company.

Net profit of Rolls-Royce Group plc in 2011 grew by 58% to 850 million pounds (1.01 billion euros) compared to 539 million pounds in 2010, according to a published financial statement on Thursday the company.

Hydrocarbon production in the Russian Arctic shelf areas is quite competitive with the extraction of the ”land” fields, and Russia is now successfully mastering the Arctic shelf, vice president of the Russian Academy of Sciences, Nikolai Laverov.

Icebreaker ”Kapitan Khlebnikov” of Far Eastern Shipping Company left the home port of Vladivostok in February, 1 and followed in the La Perouse Strait.

The regular meeting of the Board of Directors of JSC ”Murmansk Shipping Company” was held. At the meeting were examined planning issues, including a report on the outcome of trade and procurement activities of the company for the 4th quarter 2011. Total expenditure on procurement of the company is reduced during the reporting period in average of 32%.

Concern is willing to sell its non-core asset this year according to news reports. Services for the construction of the fleet is really logical to outsource, say experts: it will make pricing more transparent.

It is not excluded that in the near future Norway will open for the development the shelf divided from Russia. Minister of Petroleum and Energy of Norway Ula Borte SVEs intends to make such a proposal to the government in the spring of 2013 as was said today by the organizers of the international conference ”Arctic Frontiers” held in Norway.