The Ust-Luga Cup 2018, the Baltic Sea regatta of Russian ports and their partners, starts today in Hanko, Finland, informs the regatta’s official website. The 8-days sailing event will link the ports of Hanko, Helsinki and Tallinn and will end up with an award ceremony in the centre of St. Petersburg, Russia. The Cup’s general […]
The arrest of Valery Izraylit, Chairman of the Board of Directors of JSC Ust-Luga Company, has been prolonged for another 3 months, until April, 21. As we wrote earlier, Valery Izraylit was arrested in St. Petersburg, Russia on December 29, 2016 and charged with embezzlement of RUR 1.5 bln (USD 25.3) allocated for the development […]
Chairman of the Board of Directors of JSC Ust-Luga Company Valery Izraylit was arrested in St.Petersburg, Russia on December 29, 2016, writes Russian business newspaper Vedomosti. He is charged with embezzlement of RUR 1.5 bln (USD 25.3) allocated for the development of Ust-Luga Commercial Sea Port. He is suspected of withdrawing the funds to offshore […]
VITIM containership of Maersk Line became the 1000th vessel that called Ust Luga Container Terminal (ULCT) since its opening in 2011, says today’s press release of the terminal operator. The 1726 TEU ship arrived from Muuga (Finland) and thereafter left for St. Petersburg (Russia). During the port call ULCT handled 416 containers. ULCT is the […]
