Chinese Carrier May Invest up to $2.5B in Russia's Port of Arkhangelsk

Chinese Carrier May Invest up to $2.5B in Russia's Port of Arkhangelsk

China's NewNew Shipping Line has agreed to pay billions of dollars to support the construction of new port facilities at Arkhangelsk, a key seapor...

Chinese carrier to invest up to $2.5B in Russia's port of Arkhangelsk - India Seatrade News

China’s NewNew Shipping Line has agreed to pay billions of dollars to support the construction of new port facilities at Arkhangelsk, a key seaport at the western end of the Northern Sea Route, the Russian-administered waterway off Siberia’s Arctic coast. Located near the mouth of the Dvina River on the White Sea, Arkhangelsk is just south of the Arctic Circle and is icebound in winter. In the navigation season, it is a gateway to consumers and …

Chinese shipping firm eyes investing $2.5bn in Russian Northern Sea Route port

Boxship firm NewNew Shipping and Rosatom deepen their cooperation with project to expand Arkhangelsk terminal