Daily Telegraph Prize Crossword 30773

[Maxymax464]

Principal investor offering chilled port?  Answer is clearly archangel but can't parse where the chilled port comes in to it. Thanks.

[elliemay1]

Archangel is a port:

// Archangel retained its position as Russia's most vital trading port until well into the eighteenth century.//

[elliemay1]

^ it's on the Arctic coast and thus chilly

[Maxymax464]

Thanks elliemay. I had no idea that it was a port!

[elliemay1]

You're welcome, Max x