Red Sea port calls plummet by 85% in 2024
NewsThe Red Sea region experienced an 85% drop in deep-sea port calls, from over 200 to under 40 per month, during January-June 2024.
Russia’s northwestern Leningrad region is planning to sell its 21% equity stake in Ust-Luga Company (ULC), the master developer of the Ust-Luga seaport. Bids are invited by 1 November and the tender’s initial price is RUB231.5M (US$2.4M).
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