Good results for Murmansk Port

The Murmansk Commercial Seaport the first quarter of the year increased profits with 150 percent.

The net profits of the port in the period amounted to 361,4 million RUB, company figures show, B-port.com reports. The positive results come after a year with major growth. In 2008, the port boosted profits with 560 percent to 970,8 million RUB, the website reports. The Murmansk Seaport is controlled by the Cyprus-registered Specialized Project Investments B.V (63,53%) and the Russian state (34%)

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