September 28 2023

Half of the cargo traffic of the Arctic Basin ports falls on Murmansk

The Shandong Port Group (PRC) is ready to use the Northern Sea Route (NSR) to deliver goods to Russia through the port of Murmansk. The development of new logistics routes between Russia and China using the Northern Sea Route was discussed at a meeting between the Governor of the Murmansk Region Andrei Chibis and the General Director of the Shandong Port Group Li Fengli, the press service of the regional government reports.

“The ice-free deep-water port of Murmansk is a supporting port of the Russian Arctic and the starting point of the NSR. It provides direct access to the World Ocean and to the Northern Sea Route without passing through international straits. The port of Murmansk is the absolute leader in cargo turnover among the ports located along the NSR. Half of the cargo traffic of the Arctic basin ports – about 49.5% – falls on the port of Murmansk ,” the governor said. He also added that in 2022, the total cargo turnover of the port of Murmansk amounted to 56.28 million tons, showing an increase of 4.7% compared to the previous year.

According to Li Fengli, the port of Murmansk opens up opportunities for the development of logistics, as it is able to operate all year round and has no limitations to the size of vessels. “We have goods that can be supplied to Russia through Murmansk… And we look forward to further cooperation,” he said.

The Shandong port group was founded in August 2019. It is located on the east coast of China in the lower reaches of the Yellow River, and ranks first in density and number of routes among the ports of Northern China.

Source: https://portnews.ru/news/353575/