The Tiksi port, located on the Arctic coast of the Republic of Sakha (Yakutia), has been granted international status—it is now allowed to receive foreign-owned vessels. Alexander Stotsky, General Director of the Project Office for Arctic Development, talks about this.

This decision is based on the intention to support a promising investment project to build a deepwater port hub in Kharaulakh Bay near the Naiba settlement (Bulunsky District), 112 km from the administrative centre of the Tiksi settlement.

The location was not chosen by chance: the depths of the bay will accommodate vessels with a draft of up to 10 m, and the future water area of the hub is well protected from winds. The government expects the port's cargo turnover to reach about 30 mn tons a year.

The launch of the deep-water port is expected to help overcome a number of bottlenecks in the development of the polar part of the republic.