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

Singapore Ship Registry Marks 60 Years, Plans Digital Upgrade

Singapore Ship Registry Marks 60 Years, Plans Digital Upgrade

European Wheat Prices Rise to One-Week High

European Wheat Prices Rise to One-Week High

US LNG Exports Increase in September, Europe Outbids Asia for Cargoes

US LNG Exports Increase in September, Europe Outbids Asia for Cargoes

FPT, ZEBOX to Advance AI Solutions in Transportation, Logistics

FPT, ZEBOX to Advance AI Solutions in Transportation, Logistics

Subscribe for Maritime Logistics Professional E‑News

Wall Street Journal, September 24,
Boeing flags 737 MAX Software Bug Affecting Landing Navigation Feature, WSJ Reports
Bangladesh buys 11 additional Boeing jets to strengthen trade relations with the US