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$100 million expansion of the Russian port of Zarubino in 2018
Working with the Chinese government, Russian port logistics company Summa Group plans to complete a $100 million expansion of the Russian port of Zarubino in 2018, offering shippers better access to and from Northeast Asia.
Located in the west side to Vladivostok, the largest ice-free commercial port in Russia, Zarubino port is much closer to the Russian-Chinese border, as it's only 43 miles to Hunchun, a city of Jilin province. The strategic location of the Zarubino port has being highlighted since last year, especially after service on the Hunchun-Makhalino Railway was restored this spring. The 1,000-kilometer rail line links Hunchun and Zarubino port, providing the shortest route between Northeast China and far eastern Russia.
“Using Hunchun-Makhalino line instead of Dalian port to ship from Northeast China to Northeast Asia will largely reduce transportation time,” Chinese government said.
The partnership between Summa Group, a shareholder of Russia’s main container line, FESCO, and the Chinese government highlights the growing economic cooperation between the two countries. Russia, which faces severe sanctions from Western countries, in May signed a $400 billion energy deal with China, its second-largest trade partner.
By expanding from the facility by about 380 acres to 630 acres, Zarubino port will be able to handle up to 100 million tons of cargo per year in 2018, up to 60 percent of which will be transiting Chinese cargo. The port, with nearly 5,000 miles of berth, will have 19 terminals designed for container, bulk grain, roll-on, roll-off and passenger traffic. The seaport is expected to handle 25 million tons of general cargo, 1.5 million units of rolling cargoes and 2 million containers annually, according to Summa Group. Read more
Source: JOC.COM
