Ports of Ust-Luga and Kiel Ink Cooperation Deal

Ust-Luga Russias commercial sea port of Ust-Luga and the German port of Kiel have signed a Memorandum of Understanding in an effort to promote the development of Russian-German economic and trade relations. The cooperation has a goal to increase cargo traffic at the ports of Ust-Luga and Kiel, attract new customers, and create and develop relations between the Leningrad region and the German region of Schleswig-Holstein. The first phase of the agreement signed between the parties includes a new logistic service for cargo delivery between Germany and Russia which will be offered by Cis-Cargo GmbH and PUL Trans JSC. The new logistics service involves interaction on the principle of one window with a guaranteed term of delivery of goods, marked prior to shipment. The port of Ust-Luga operates the multipurpose terminal YUG-2 and the Auto-RailwayFerry Terminal. World Maritime News Staff