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Rise in Port Traffic Forecast

St. Petersburg's port will handle 93 million tons of cargo by 2015, 60 percent more than the 60 million tons that went through the port last year, said Georgy Poltavchenko, governor of the city.

Cargo handling will rise to 140 million tons in 2025, Poltavchenko said Friday at a meeting of Asia-Pacific Economic Cooperation transportation ministers.

Stevedore companies are developing capacity, especially in Bronka and Lomonosov, new port regions around St. Petersburg, which itself handles 55 percent of the country's container cargo, Poltavchenko said.

(Bloomberg)

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