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

Port of Albany-Rensselaer Holds PERMA Safety Training

Port of Albany-Rensselaer Holds PERMA Safety Training

Shipping Slows Through Strait of Hormuz After Tanker Attacks

Shipping Slows Through Strait of Hormuz After Tanker Attacks

Yemen's Mocha Port Halts Operations After Houthi Attacks

Yemen's Mocha Port Halts Operations After Houthi Attacks

Automation is Optimizing US Logistics

Automation is Optimizing US Logistics

Subscribe for Maritime Logistics Professional E‑News

Boeing's Wisk Sale is unlikely to spark another divestment Round
South Africa's Traxtion Bets on Regional Rail Reforms and Mineral Boom
Sinograin, a Chinese soybean company, announces its fourth major auction since July.