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

Partnership Aims to Advance Bio-LNG as Marine Fuel

Partnership Aims to Advance Bio-LNG as Marine Fuel

NYK-Led Consortium Develops Floating Data Center Concept for Ports

NYK-Led Consortium Develops Floating Data Center Concept for Ports

Suez Canal Container Ship Transits Rebound

Suez Canal Container Ship Transits Rebound

EU Wheat Prices Rise After Another Black Sea Attack, Algerian tender

EU Wheat Prices Rise After Another Black Sea Attack, Algerian tender

Subscribe for Maritime Logistics Professional E‑News

Alaska Air expects certification of the Boeing 737 MAX 10 by end-September
Smoke in the cabin causes emergency landing of a Boston bound Delta flight in Portugal
Zimbabwean businessman Chivayo who was close to the ruling elite killed in helicopter crash