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

Iran to Shut "Illegal" Hormuz Routes

Iran to Shut "Illegal" Hormuz Routes

Sunflower Oil Cargoes to India Face Disruptions Amidst Black Sea Tensions

Sunflower Oil Cargoes to India Face Disruptions Amidst Black Sea Tensions

Michelle Awad Elected as New Vice-Chair of the Halifax Port Authority Board of Directors

Michelle Awad Elected as New Vice-Chair of the Halifax Port Authority Board of Directors

LR taps Edris for Middle East Post

LR taps Edris for Middle East Post

Subscribe for Maritime Logistics Professional E‑News

Hope fading for new Boeing deal during US-China summit, sources say
Hope fading for new Boeing deal during US-China summit, sources say
Boeing flags 737 MAX Software Bug Affecting Landing Navigation Feature, WSJ Reports