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

HAROPA PORT Achieves Record 2025 Results, Accelerates Green Corridor Strategy

HAROPA PORT Achieves Record 2025 Results, Accelerates Green Corridor Strategy

UTC Enters into Asia-Pacific Market with Singapore Hub

UTC Enters into Asia-Pacific Market with Singapore Hub

Port NOLA Marks Ninth Year Surpassing One Million Cruise Passenger Movements

Port NOLA Marks Ninth Year Surpassing One Million Cruise Passenger Movements

DP World Survey Finds Trade Leaders Upbeat on 2026 Despite Rising Barriers

DP World Survey Finds Trade Leaders Upbeat on 2026 Despite Rising Barriers

Subscribe for Maritime Logistics Professional E‑News

What plans do shipping companies have for the return of Suez Canal to sea?
Petrobras, Brazil's gas company, to purchase five tankers and multiple vessels worth $521 million
InPost reports 30% rise in fourth-quarter parcel volumes