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

US Navy, Anduril Unveil $6.6B Shipyard Plan for Submarine Parts Production

US Navy, Anduril Unveil $6.6B Shipyard Plan for Submarine Parts Production

Russia Imports Petroleum Products From South Korea to Ease Fuel Crises

Russia Imports Petroleum Products From South Korea to Ease Fuel Crises

Iran War Forces Oil Industry to Consider Alternative Export Routes

Iran War Forces Oil Industry to Consider Alternative Export Routes

Exports of French Wheat to Morocco Expected to Fall

Exports of French Wheat to Morocco Expected to Fall

Subscribe for Maritime Logistics Professional E‑News

Smoke in the cabin causes emergency landing of a Boston bound Delta flight in Portugal
Hope fading for new Boeing deal during US-China summit, sources say
Maguire: The cement boom in Africa signals the next big shift in global energy usage.