Port News & Information Mediterranean, Black & Caspian Seas

Russia invests further in Volga-Caspian Sea Canal

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Moscow, Russia (PortSEurope) November 28, 2022 – Russia is investng further in Volga-Caspian Sea Canal with subsidies for dredging. Hard pressed to move its trade in the south-east direction due to western sanctions Russian government will provide RosMorPort with a 2.5 billion rubles (€40 million) subsidy for the dredging of the Volga-Caspian Sea Shipping/Navigation Canal…

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