Second Sochi port abandoned
Plans to build a second seaport in Sochi, Russia, at a cost of $272m have been abandoned. Instead, 10 other sites have been identified for the storing and transhipment cargo.
In addition to having been allocated expansion area despite the lack of a tender, a recently formed anti-container pressure group has been set up, while squabbles involving the port authority have broken out. It has now emerged that a leisure area is also to be developed alongside the terminal, effectively reducing the amount of space available to the operator.