Arctic Sea: big lumber company, small shipment

Stora Enso owns 250 cubic meters of sawn timber with a value of about Eur 50,000 out of the total 6,700 cubic meters of timber cargo with a value of Eur 1,3 million on board the Arctic Sea,
Stora Enso and UPM sold the goods, 1,750 and 250 cubic meters respectively, to their joint venture, distribution company RETS, Nordlund said. RETS had to deliver the goods to the port of destination (Bejaia, Algeria).