4 (8) December-February 2006/2007

RUSSIAN SHIPPING COMPANIES: FROM AMBITIONS TO CONSOLIDATION: The year is to become not the most favourable in part of scaled projects realization and fleet replenishment for Russian vessel owners, especially comparing to the previous two years. However, the companies continued to carry out programmes of development, which shows that there is a certain stability in the sector.

MOST STABLE CARGO FLOW: During the five last years transportation of crude oil grew threefold, and of oil products – almost by 25%. The domestic freight transportation increased by 16%, and the export doubled. However, nowadays, the dynamics of oil bulk loading growth reduced. This year, the volume of the cargo transportation is expected to increase by 4% year-on-year.

RUSSIA IS READY TO SPEED UP: National rolling stock for high-speed transportation has worn out or has not been developed yet. Nevertheless, experts believe in the near future Russia will be able to develop such rolling stock with the use of foreign technologies on the national industrial basis.

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