Russia: EBRD OKs USD 155 Million Credit for Modernization of Rosmorport’s Fleet

EBRD OKs USD 155 Million Credit for Modernization of Rosmorport’s Fleet

The European Bank for Reconstruction and Development (EBRD) has approved a $155 million credit to Rosmorport, the Bank said. The loan is granted for modernization of Rosmorport’s fleet of environmental service fleet; procurement of oil boom laying workboats, skimmers, vessels for collection of shipboard wastes, dredgers, and other equipment.

Categorised B in accordance with the EBRD Environmental and Social Policy, the Project will support Rosmorport in the upgrading of its environmental fleet through acquisition of oil spillage collecting vessels, bilge water collecting vessels, mark boats, seafloor maintenance/dredging vessels and other port related equipment. The implementation of the Project is expected to improve significantly the operational performance and environmental services provided by Rosmorport. The Project is associated with limited adverse environmental and social impacts, which are addressed through mitigation measures.

The Project will enable Rosmorport to improve and centralise the management of environmental protection services at the ports (waste management in particular). The seafloor maintenance vessels will help maintaining and improving navigation safety in the ports. Improved environmental services at ports will provide enhanced environmental risk mitigation and management to the benefit of all port and terminal operators and shipping companies.

Dredging Today Staff, November 24, 2011; Image: rosmorport

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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