OREANDA-NEWS. On July 23, 2007 SILPORT reached the cargo volume of over 1 m tons, reported the press-centre of SILPORT.

1014805 tons of cargo has been handled in SILPORT since 01.01.2007 till 23.07.2007. The structure of the total cargo flow is as follows:

55,1% oil products;
11,3% liquid petrochemicals;
20,1% general cargo;
13,5% ro-ro cargo.

SILPORT is the closest to Russia deep-sea port of the EU being located in Sillamae, Estonia, 25 km from the EU-Russian border. SILPORT's multifunctional infrastructure allows accepting the largest vessels that can enter the Baltic Sea as well as the full trainloads from Russia and the CIS. Sillamae Free Zone (0% taxes and customs duties for cargo in transit) in combination with the fiscal policy of Estonia, the most liberal in Europe (0% corporate income tax on retained earnings), make SILPORT an efficient platform for value-added distribution of cargo to the neighbouring markets of Russia, the CIS and the EU states.

The port was launched for cargo handling in late 2005 and at present there are 6 terminals being developed or operated in SILPORT handling different cargo e.g: oil products, liquid petrochemicals, LPG, general, conventional and oversized cargo, liquid fertilizers as well as servicing passengers.