OREANDA-NEWS. June 3, 2008. The first phase of transshipment complex Yug-2 in the port of Ust-Luga is to be put into operation on June 6, 2008, when the first batch of 200 Peugeot and Citroen cars will come, press center of Company Ust-Luga reports.

This year the terminal is to handle 70,000-80,000 foreign cars imported to Russia, while the terminal’s design capacity is 500,000 automobiles per year.

The capacity of the terminal’s parking ground is 5,500 cars with a perspective to enlarge it to 13,000 cars. The complex will also have a storage center operating on PDI principle. In futer the terminal’s total area is to be enlarged to 97.8 hectares.

Ust-Luga Company OJSC was founded in 1992. It is the customer-developer of the sea trade port of Ust-Luga (Ust-Luga Bay in the Gulf of Finland). Construction of the sea trade port of Ust-Luga is carried out within the framework of federal special-purpose program for Modernization of Russia’s Transport System at the basis of state-and-private partnership. The port is to service growing volumes of Russia’s foreign trade. The capacity of this multi-purpose port is up to 120 million tonnes of cargo per year. By 2010, the port’s throughput is to reach 36 million tonnes.

Ust-Luga port is to become the only Russia’s port at the Baltic Sea able to accept dry cargo carriers with a deadweight of up to 75 thou tonnes and to handle liquid cargo carriers with a deadweight up to 120 thou tonnes. It is also planned to build refineries and treatment plants at the port industrial area.