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First destination from new Istanbul airport to be Northern Cyprus
ISTANBUL: July 14, 2018. According to a report by ...

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Amerijet to adopt indexed fuel surcharge mechanism
MIAMI: July 12, 2018. Amerijet International Airli...

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Private equity firm Cinven to acquire Envirotainer
STOCKHOLM: July 12th, 2018. Envirotainer, a suppli...

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Harren & Partner reacquires offshore construction vessel
BREMEN, Germany: June 11, 2018. Bremen-based shipp...

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CMA CGM gets green light for Ceva investment
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Volumes jump at Brussels
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K+N adds Santiago to Pharma network
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ZURICH: July 12, 2018. SkyCell, the Swiss-based ma...

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BBC Chartering begins Gulf – Australia breakbulk service
LEER, Germany: July 10, 2018. BBC Chartering has l...

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First destination from new Istanbul airport to be...
Amerijet to adopt indexed fuel surcharge mechanism
Private equity firm Cinven to acquire Envirotainer
Harren & Partner reacquires offshore construction vessel
CMA CGM gets green light for Ceva investment...
Volumes jump at Brussels
K+N adds Santiago to Pharma network
Skycell and DuPont form pharma alliance
BBC Chartering begins Gulf – Australia breakbulk service...

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HAMBURG: January 07, 2016. Hansa Heavy Lift (HHL) has completed the delivery of a 365 tonnes heat exchanger from Fairless Hills, USA and power generation equipment from Italy to Sabetta, Russia via the Northern Sea Route (NSR).

HHL ice-category vessels 'New York' and 'Amazon' navigated through 70 cm of ice in temperatures as low as -19C in late December to deliver the power equipment and heat exchanger for a liquefied natural gas plant.

Hansa Heavy 1The NSR is only open for four months a year and in October the HHL 'Valparaiso' completed a full transit of the passage from East to West to deliver windmill equipment from China to Poland.

“When travelling in the Arctic region you are faced with extreme weather conditions, whereby it is of utmost importance to secure the correct permits and finding reliable partners to work with,” said Joerg Roehl, HHL managing director and CCO.

"The NSR is an increasingly important route and our use of it nearly doubled in the last year; however it takes careful preparation, as well as experience and the right equipment in order to succeed,” he added.

At the end of December 2015, the Northern Sea Information Office, managed by Russia and Norway, reported that the Ministry for Development of Russian Far East will study the viability of using the NSR to operate ocean container services between China and northern Europe.

According to the head of the Russian Ministry Aleksandr Galushka, Russia and China signed an MoU in December to create a joint working group to determine the commercial viability of using the route to reduce total transit costs by 10-15 percent.

“I can say that the model is innovative. It is a new way of looking at the global map of transit flows, at what is happening in the world today,“ said Galushka. “In this regard, the NSR can play role and defuse tension, create new opportunities for the participants of foreign economic activity and [provide additional] income flow for Russia. Russia can gain profit on it,” he added.

Hansa Heavy Lift, owned by Oaktree Investments, operates a fleet of 19 vessels with an average age of five years.

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