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2015 June 16   16:19

Development of Ust-Luga terminals will depend on market situation, Valery Izrailyt says

The terminals of Ust-Luga port will handle different types of cargo depending on the market situation depend on market situation, IAA PortNews correspondent cites Valery Izrailyt, Chairman of Ust-Luga Company BoD, as telling journalists at the ceremony of launching Smart Bulk Terminal for transshipment of PhosAgro fertilizers.

“We will probably develop complexes for loose cargo transshipment. We also have projects on boosting the capacity of general cargo facilities,” said Valery Izrailyt.

Ust-Luga Company OJSC coordinates the construction of Ust-Luga seaport being implemented within the framework of the special-purpose programme “Development of Russia’s Transport System” under private-public partnership principles.

Ust-Luga port is located practically at the border of the Russian Federation and the European Union. The deep water area of the port (17.5 m) together with the short seaway canal (3.7 km) make Ust-Luga port the only Russian port on the Baltic Sea capable of admitting dry-cargo vessels with the deadweight of up to 75,000 tonnes and liquid cargo carriers with the deadweight of up to 160,000 tonnes.

Related links:

Smart Bulk Terminal for transshipment of PhosAgro fertilizers launched at Ust-Luga port  >>>> (Leningrad region)

Ust-Luga to be fertilized with containers >>>>