Vladimir Putin is addressing the plenary session at the 8th Eastern Economic Forum currently taking place in Vladivostok. The President discussed the Murmansk port, forecasting its cargo volume to double from 56 to 110 mn tons per year, as reported by Komsomolskaya Pravda.

Vladimir Putin announced plans to significantly boost the Murmansk port's capacity from the current 56 mn to 110 mn tons by 2027, through the construction of new terminals and expansion of railway approaches.

Sergey Ivanov, the President's Special Presidential Representative for Environmental Protection, Ecology and Transport, highlighted the crucial role of the Murmansk port in Russia's economy, suggesting it could become the country's most significant port.

'The launch of Arctic Transshipment, Lavna port and Rusatom Cargo container terminal will enable us to double our cargo turnover by 2027. Each project has been given all possible support from our side,' commented Andrey Chibis, Governor of the Murmansk Region, on the President's statement.