07NOV2018 - NEWS - Murmansk Shipping Company of Russia inks major arctic coal shipping contract

Russia based Murmansk Shipping Company (MSCO) has recently signed a major contract to transport coal produced in the Russian Arctic to Europe via the Northern Sea Route. The contract was signed MSCO and Sibanthracite Overseas, a subsidiary of Russian coal company VostokCoal, and spans an initial period of five years. VostokCoal manages the development of the massive Taimyr coal basin, home to one of the largest anthracite coal deposits in the world. MSCO described the contract as one of the largest shipping contracts related to the transport bulk cargoes ever in the Arctic.

Published by Editor - www.Livebunkers.com at 07-Nov-2018 05:45:40 [UTC] , contact editor at editor@livebunkers.com