Moscow screens out projects

Russia’s vice-premier Marat Khusnulin anticipates that Mariupol alone could handle as much as 1 million tons per annum of various cargoes in 2024.

Possible losses to the Latvian economy in the case of the manganese ore ban are estimated at several million in port fees and more than EUR 10M for the railway.

“There is a shortage of seaport handling capacities in Russia. The problem has become especially pressing after we lost access to the Finnish and Baltic ports”

Five CEE signatories emphasize that the war against Ukraine has been financed from, among other things, Moscow’s revenues for its grain exports to the EU.

The new Port of Jazan City for Primary and Downstream Industries includes facilities for containers, dry bulk, liquids and general cargo.

The port will use a US$12.6M grant to add a third berth for bulk cargoes at its Port Redwing facility.