13 Mar 2023 18:31

Rosmorport not ruling out postponing number of investment projects at ports until 2025-2026

MOSCOW. March 13 (Interfax) - A number of investment projects at seaports scheduled for delivery in 2024 could be postponed for a year or two, Andrei Boldorev, director of the Investment and Strategic Development Department of the Rosmorport federal state unitary enterprise, told reporters.

"The Novotrans project in Ust-Luga and the grain terminal project in Novorossiysk [could be moved], and the VaninoTransUgol project will be shifted, while a number of other projects are in question," Boldorev said.

According to Boldorev, various factors are affecting the postponement, though the main factor is the change in equipment suppliers. In some cases, this involves changing design decisions, and adjusting project documentation.

Rosmorport FSUE is one of Russia's largest owners of coastal and port infrastructure facilities, and the FSUE is under the jurisdiction of the Federal Agency for Maritime and River Transport (Rosmorrechflot). The company operates at 59 seaports located in 24 constituent entities of the Russian Federation.