The ministers of transport of both countries have signed a take-or-pay agreement, according to which some 9.8mt of Belarusian oil products (incl. heavy fuel oil, naphta, and diesel) will be handled at Russian Baltic ports.
With SEK460m (approx. €45.5m) put on the table for years 2021-2024, the Sundsvall-based timber, pulp, and paper manufacturer will set up a new container terminal, plus other cargo handling areas.
According to the new 20-year-long agreement, the Swedish ferry company will continue to sail to and from Noord Natie Ventspils Terminals' (NNVT) facility in the Port of Ventspils.
Transneft has completed a project of building up the petroleum products transportation volume in the direction of the Vysotsk distribution and transshipment complex (DTC) from the Port of Primorsk to 3.5mt/year.
The Åland shipping company has bought the 1996-built ro-ro vessel Baltic Bright, to be handed over in July after 25-year class renewal and installation of a ballast water treatment system.
Nordic Engineering JSC, in cooperation with the Kaliningrad State Technical University, has completed the detailed design of a ferry for the Baltiysk-Baltiyskaya Spit line.
The Danes will deepen the canal down to 15 metres in order to increase the permissible vessel draught to 13.8 m from the northern part of the port up to the Malku Bay.
