• 2015 February 10

    Ust-Luga comes to finish


    Ust-Luga Company OJSC, a contractor building the port of Ust-Luga, has announces gradual closing up of its activities due to the completion of the state contract on the port construction. Meanwhile, earlier announced throughput of 170-180 mln t per year is still a distant prospect – in 2014, the port handled 75.6 mln t of cargo. However, we think the project has achieved its major strategic objectives and its independent development is quite possible.