Oslo Marine Group (OMG) Ltd has announced plans to develop the Vyborg and Western Ports in St Petersburg, Russia into a “single, multi-disciplinary operation for the region by 2010”.
The three-year redevelopment will see Western Port handling as much as 50,000m3 of timber a month, with Vyborg Port handling container shipments.
Vyborg Port currently handles a variety of materials including wood, grain and coal, as well as passenger traffic and containers.
“Our plan is to develop Vyborg port into a container terminal, establishing it as a strategic logistics hub for the Baltic,” said Keith Parker, managing director of OMG’s London office.
“Western Port will specialise in bulk cargo. Present plans are for it to handle 14 vessels, carrying 50,000m3 of timber per month”.
OMG, an investment, insurance and port operation based in St Petersburg, added that it is planning to expand its presence in the timber and port industries further.
