OOO Primorsky UTC and ROSTOCK PORT GmbH signed a memorandum of understanding and strategic partnership on the organization of regular sea transportation between the ports of Primorsk and Rostock. The document was signed on 5 March 2019 by Dr. Gernot Tesch, Managing Director of the ROSTOCK PORT GmbH, and Andrey Sizov, General Director of OOO Primorsky UTC.
Before the St. Petersburg Economic Forum, the parties agreed to conduct a joint study of the respective markets in both regions to determine turnover indicators, measures to develop port infrastructure and the organization of promising transportation routes. The operating name of the project is Baltic Bulk Stream. The implementation of this project will enable the efficient use of the deep-water potential of both ports in the organization of cargo transportation.
The strategic partnership between the two parties was discussed by the Governor of the Leningrad Region, Aleksandr Drozdenko, and the Prime Minister in the framework of the forum “Third Day of Entrepreneurs: Russia in Mecklenburg-Vorpommern” held in October 2018 in Rostock.
Primorsky UTC, a universal deep-water port complex in the Primorsk Seaport (Vyborg District, Leningrad Region), will be able to handle large-capacity vessels with draft of up to 16 m from the moment of commissioning.
The seaport of Rostock is already the only German port on the Baltic Sea with deep-water berths and will be able to handle ships with draft of up to 15 m after the planned deepening of the fairway, which makes it an ideal partner for the project. The parties are planning to sign a Roadmap for the project implementation within the framework of the St. Petersburg Economic Forum in June 2019 to achieve the agreed objectives.