Russia Plans Foreign Role in Black Sea Port, Vedomosti Says

The Russian government wants to involve foreign investors in construction and management of the Black Sea port of Taman, where several additional terminals are to be built, Vedomosti reported today, citing an unidentified person familiar with the Transport Ministry’s plans.

The government is holding preliminary negotiations with the company that manages Rotterdam port and may have talks with managers of Amsterdam, Hamburg and other ports, the newspaper said. The ministry and the ports’ representatives declined to comment, Vedomosti said.

To contact the reporter on this story: Marina Sysoyeva in Moscow msysoyeva@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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