Buy a share of the Murmansk Port

According to the Russian Ministry of Economic Development, a 20 percent stake of the port will be sold in an auction next year. The auction will be announced before the end of the 2010, newspaper Vedomosti reports.

Also several other state-owned assets will be privatized, among them the Port of Novorossiisk and the shipping giant Sovcomflot, the newspaper reports with reference to Interfax.

Read also: State sells out of Murmansk companies

Murmansk has a fish port and a commercial sea port. The ports have one common administration. Both ports are are key parts in the Murmansk Transport Hub, an initiative which is planned to make Murmansk capable of handling new huge transport operations linked partly with the development of offshore oil and gas projects.