The port sector in the Baltic Sea area is undergoing remarkable changes with the upcoming and capacity upgrading of the port of Ust-Luga, stimulated by active Russian government’s involvement in development of Russia’s own sea carriage capacities. The turnover of goods in the port of Ust-Luga doubles each year and is amounted to equal 70 million tons this year.
The Russia and Baltics Port Expansion Summit hosted government officials, ports’ directors and managers, investors, consultants, architects, associations, equipment providers to discuss the current situation, the means for realisation of new projects, future development issues, as well as to provide a platform for stakeholders of new developments in the region, to negotiate on their interests.