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

Coal Shipments Plummet to 23 Year Low

Coal Shipments Plummet to 23 Year Low

Spiridon II: Call for IMO Investigation

Spiridon II: Call for IMO Investigation

Singapore to Bunker Methanol Next Year

Singapore to Bunker Methanol Next Year

US Expecting China Soybean Trade Revival

US Expecting China Soybean Trade Revival

Subscribe for Maritime Logistics Professional E‑News

NATO scrambles jets following the deepest drone penetration yet into Romania
Trump's trade battle with China in 2025
Heathrow Airport expansion plan of $64 billion chosen by UK