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

Cheniere Exports 5,000th LNG Cargo

Cheniere Exports 5,000th LNG Cargo

Russian Wheat Exports Rise in Price as Black Sea Supplies Dwindle

Russian Wheat Exports Rise in Price as Black Sea Supplies Dwindle

European Wheat Prices Fall on Hopes of Black Sea Peace

European Wheat Prices Fall on Hopes of Black Sea Peace

80 Vessels Queue to Enter the Danube

80 Vessels Queue to Enter the Danube

Subscribe for Maritime Logistics Professional E‑News

Turkey has a Black Sea grain plan, and is in touch with Russia and Ukraine
Mother tells of daughter's disappearance in North Cyprus ferry disaster
Ares raises the largest amount of money for its unit, $4 billion, to benefit Japan Logistics Fund