Petrolesport turnover increased by 49.4%

On the basis of the results for the ten months of 2008, cargo turnover at the OJSC Petrolesport (part of Global Ports Investments) container terminal amounted to 451,600 TEU. Container turnover increased by 49.4% compared to the same period in 2007. Specifically, the terminal transferred 52,000 TEU in October, surpassing last year’s figure by 79.6%.

Background

OAO Petrolesport (PLP, Russia) is the stevedoring company at St. Petersburg’s Big Port. PLP transfers various kinds of cargo (refrigerated, RO/RO, lumber, general) and is a leading in container transfer in Russia’s Northwest Region. Global Ports Investments Plc (part of the N-Trans Group) is the main shareholder of OJSC Petrolesport.

Global Ports Investments Plc. (GPI) is one of Russia’s leading container terminal operators. In 2007 total cargo turnover by GPI companies was 1.1 million TEU. Global Ports was established by the N-Trans Group through the consolidation of the group’s terminal assets for further expansion of its port business. The GPI includes terminals on the Baltic and in the Far East: Petrolesport, Moby Dik, Vostochnaya Stevedoring Company, Multi Link Helsinki, Multi Link Kotka, Vopak E.O.S., the Yanino Logistics Park and five domestic terminals in Finland and Poland.

Source: Portnews