• Рус
    • Eng
  • Transneft to Control Novorossiysk Commercial Sea Port

  • The RF Federal Anti-Trust Service has permitted Fenti development Ltd, A subsidiary of the state-owned Transneft, to acquire 50% voting shares in the Cyprus-registered Omirico Limited.

    This means the pipeline monopoly will control the 50.1% in Novorossiysk Commercial Sea Port it currently co-owns with Summa Group via Omirico.

    Transneft also controls 10.5% in NCSP via its subsidiary Transneft-service. 20% in the port belongs to the RF Federal Agency for State Property Management, 5.3% to Russian Railways, and a small portion is distributed between minority stakeholders.

    Permitting the acquisition, the Anti-Trust Service has also defined an obligatory condition: within 30 days since the deal is made, NCSP must nominate its tariffs for cargo handling, loading, unloading and storage in rubles. The tariffs must be ‘economically sound’, it specified.

  • Comments: 0

    Leave a Reply

    Related content
    2018NovorossiyskNovorossiysk Commercial Sea PortAprilMarchFebruaryJanuary 05.06.2018 Novorossiysk Throughput Continues to Decline
    The aggregate throughput of the stevedoring companies incorporated in Novorossiysk Commercial Sea Port Group made 47.5 mn tons […]
    0
    2018Novorossiysk Commercial Sea PortThroughputPortsFebruaryJanuary 11.04.2018 Novorossiysk Up, Primorsk Down
    The consolidated cargo throughput of all the stevedoring companies incorporated in Novorossiysk Commercial Sea Port group during January-February […]
    0
    NovorossiyskNovorossiysk Commercial Sea PortThroughputThroughputCargo 30.01.2018 NCSP Throughput Down
    Novorossiysk Commercial Sea Port group saw its handling volume decline in 2017 2.3% year-on-year down to 143.5 mn […]
    0
    2017Novorossiysk Commercial Sea PortFinance 03.04.2018 Novorossiysk IFRS Profit Down 30%
    Novorossiysk Commercial Sea Port Group has posted consolidated financial results for 2017 in accordance with the IFRS standards. […]
    0
    AppointmentsBaltic StevedoreNovorossiysk Commercial Sea Port 02.03.2018 Sultan Batov Back to Baltic Stevedore from Novorossiysk
    Sultan Batov, ex CEO of Novorossiysk Commercial Sea Port, was appointed CEO of Baltic Stevedore Company in Baltiysk, […]
    0
    Container terminalHHLAM&AMuuga CTM&AEstonia 27.03.2018 HHLA Buying Muuga Terminal Operator
    Hamburger Hafen und Logistik AG has announced acquiring Estonia’s biggest terminal operator Transiidikeskuse AS. The contract was signed […]
    0
    2018Novorossiysk Commercial Sea PortThroughputJanuary 15.03.2018 NCSP Throughput Down
    Novorossiysk Commercial Sea Port handled 11.7 mn tons in January this year, 7.8% below the January 2017 result. […]
    0
    Novorossiysk Commercial Sea PortFederal Anti-Trust Service 07.03.2018 Anti-Trust Action against Novorossiysk
    The Krasnodar branch of the RF Federal Anti-Trust Service has commenced an action against Novorossiysk Commercial Sea Port […]
    0
    Novorossiysk Commercial Sea PortFinance 06.06.2018 NCSP to Pay No Dividends for 2017
    Novorossiysk Commercial Sea Port Board has recommended the Annual General Meeting of shareholders not to distribute the profits […]
    0
    2017Novorossiysk Commercial Sea PortFinance 23.03.2018 Novorossiysk Profit Down 25%
    Novorossiysk Commercial Sea Port group (incorporates Primorsk, Baltic Stevedoring and several Novorossiysk-based port assets, including Novorossiysk Commercial Sea […]
    0
  • Fields marker by * are required

    Order research


    You will receive a letter to the email with the generated password



  • Fields marker by * are required

    Buy a subscription for the regular maritime analytical materials of the  Russian Federation

  • Fields marker by * are required

    Buy Subscription for Foreign Trade via Russian Ports Analysis Online Service