Upswing for Murmansk Port

After several years of weak results, the Murmansk port regains ground. Figures from the Association of Russian Sea Ports show that the regional port in the first six months of the year had a growth in goods turnover by 34 percent year-on-year.

A total of 12,7 million tons were handled in the period, the Association informs. 

The increase comes as oil shipments to the port from new fields Prirazlomnoye and Novy Port picks pace along with growing out shipments from terminal Varandey.

Figures from the regional office of Russian Statistical Service (Rosstat) show that year-on-year oil transportation in the Murmansk region increased 92,3 percent in the first half of 2016.

Also other northern Russian ports increases shipping volumes. In Varandey, Lukoil’s port terminal on the Pechora Sea coast, volumes were up 23 percent year-on-year to four million tons. 

Meanwhile, other north Russian port saw a decline in activity. The Port of Arkhangelsk the first five months of the year had a downturn of 25,8 percent, while Kandalaksha was down 41,8 percent and Dudinka - 0,6 percent. 

Russia’s new Arctic port Sabetta in the first five months of the year handled 490,000 tons of goods, the Association of Russian Sea Ports informs.

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