Petrolesport to invest RUB 4.1 bln in modernization of its container terminal
Petrolesport, JSC (PLP, Global Ports) is going to invest RUB 4.1 bln to implement the project on modernization and construction of new processing areas to expand annual capacity of its container terminal located on the Volniy and Grebeonka Islands (Kirovsky District of St Petersburg) to 2-2.3 mln TEUs and to ensure handling at least 700,000 t of Ro-Ro cargo per year. The project presented on 17 April 2017 at the meeting of Saint-Petersburg Governor’s Investment Council has been given the status of a strategic, says press center of Saint-Petersburg Investments Committee.
The project is to be implemented in 2017-2025.
The meeting considered six investment projects. Among them was the project of Severnaya Verf shipyard. It foresees the construction of a state-of-the-art facilities to build ships of the new generation for RF Navy. The project is to be implemented in 2015-2019. It is to involve RF Ministry of Industry and Trade, United Shipbuilding Corporation and Severnaya Verf. Investments are expected to exceed RUB 26 bln.
Petrolesport, JSC is one of the largest stevedoring companies in the Northwestern region of Russia. It operates within the Big Port of St Petersburg. Petrolesport is a subsidiary of Global Ports, a leading operator of container terminals in the Russian market1.
Petrolesport’s container terminal is one of the largest container terminals in Russia. The leading ocean and feeder lines call at the terminal and provide regular service to the key ports of the Northern Europe: Hamburg, Rotterdam, Bremerhaven, Antwerp and the majority of feeder ports on the Baltic and North Seas.
Total area of the terminal - 123 ha, annual capacity - 1 mln TEUs, length of berths – 2,201 m, depth at the berths - 11 m, capacity of container yard – 26,500 TEUs, capacity of refrigerated area – 3,630 sockets.
Global Ports Investments PLC is the leading operator of container terminals in the Russian market. Global Ports’ terminals are located in the Baltic and Far East Basins, key regions for foreign trade cargo flows. Global Ports operates five container terminals in Russia (Petrolesport, First Container Terminal, Ust-Luga Container Terminal and Moby Dik in the Russian Baltics, and Vostochnaya Stevedoring Company in the Russian Far East) and two container terminals in Finland (Multi-Link Terminals Helsinki and Multi-Link Terminals Kotka).