marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Putin Wants Northern Sea Route Hubs

April 9, 2019

(Photo: SCF Group)
(Photo: SCF Group)

Russian President Vladimir Putin on Tuesday invited foreign investors to take part in the construction of port infrastructure in Murmansk and Petropavlovsk-Kamchatsky that would serve the Northern Sea Route.

Speaking at an Arctic forum in the Russian city of St Petersburg, Putin also asked the government to draw up plans for tax relief that would promote the development of the Arctic region.

"We invite our foreign partners to joint work to create port hubs at the end points of the (Northern Sea) route," Putin said.


(Reporting by Vladimir Soldatkin and Gleb Stolyarov; Writing by Tom Balmforth; editing by Maria Kiselyova)

Logistics News

Gulf Oil Producers Build Tanker Fleet as Security Risks Mount Around Hormuz

Gulf Oil Producers Build Tanker Fleet as Security Risks Mount Around Hormuz

Russia Extends Diesel Export Ban Until Year End

Russia Extends Diesel Export Ban Until Year End

Dockworkers Strike Against Arms Shipments at More Than 100 Ports Globally

Dockworkers Strike Against Arms Shipments at More Than 100 Ports Globally

NorthPort Receives Four New Hybrid RTG Cranes

NorthPort Receives Four New Hybrid RTG Cranes

Subscribe for Maritime Logistics Professional E‑News

Increased security at US Fairford Air Base in England
Israel's Netanyahu: Flydubai co-pilot underwent radical Islamist endoctrination
US FAA: Boeing 737 MAX software bug poses no safety concern