Acron ordered to divert dry freight from Estonia to Russian ports

Russian company Acron, which owns terminals at the Estonian ports of Muuga and Sillamäe, has been instructed to divert dry freight from its terminals in Estonia to Russian ports and is mulling the possibility of building new port capacity in Russia, Acron board chairman Alexander Popov told Interfax.

"There is an order to redirect our dry freight from Estonian ports to Russian ports," Popov said in an interview with Interfax. "And we are now conducting negotiations with different stevedores, railways, shore-side land owners. We are exploring the matter in two areas: either redirecting a part of our freight to already existing terminals, to third parties, or constructing our own port capacity."

It was not indicated during the interview who gave this particular order.

Popov nted that the company had not yet determined in what direction its fertilizers would be rerouted and was exploring various options, including the Ust-Luga port and the ports of St. Petersburg and Murmansk.

Acron stated that the redirection of freight to Russian ports would not lead to a significant increase in the company's transport expenses.

"The situation is very unpleasant for us, but the order was given in a way that would allow us to solve the strategic task of redirecting all transit from Baltic to Russian ports, but in such a way as to not harm Acron's interests as a freighter and owner of existing terminals," explained the Russian company's board chairman. "In other words, stevedores and Russian Railways need to provide us with conditions similar to those we had for transit and transshipment through Estonia."

Transshipments of ammonia would continue to be routed through Estonian ports, Popov added.

Editor: Editor: Aili Vahtla

Source: BNS

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