• 2017 December 20 16:57

    Delo purchases 30.75% stake in Global Ports

    Management Company Delo, a holding company for Delo Group, that consolidates marine terminals (grain, containers and port services) in the port of Novorossiysk, 3PL operations and certain other assets (“Delo”), today announces that it has entered into an agreement with Transportation Investments Holding Limited ("TIHL") to buy its 30.75% stake in Global Ports Investments PLC (“Global Ports”).

    Closing of the transaction remains subject to various conditions, including antitrust clearances and satisfaction of other conditions customary for such transactions. The sale is expected to complete in April 2018.

    Sergey Shishkarev, the President and the owner of Delo Group commented: “We did not hesitate a second when taking the decision to enter the transaction.  We highly rate the potential of our cooperation with Global Ports, will use our extensive experience in the transportation industry and will apply maximum efforts to support the Company’s development in its markets of presence. We are aligned with the Group’s current strategy and its governance principles.”

    Delo Group (“Delo”) is one of the largest private transportation and ports logistics holding companies in Russia. Its companies provide a full range of cargo transhipment and bunkering services at Novorossiysk port in the Black Sea Basin, including rail and multimodal container transportation, cargo forwarding, customs clearance of export and import cargoes in Russia and the broader CIS, delivery of oil and oil products, and the procurement and export of grains and oilseeds. Delo operates two port terminals and five inland terminals and employs a workforce of over 2,000 people.

    Delo has made over USD 250m of investment invested in the development of terminals and port infrastructure since 2004. Currently its assets offer 3.5MT of throughput capacity at its KSK grain terminal, over 350,000 TEUs of capacity at its container terminal as well as over 11,000m2 of indoor storage area. 

    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 in Helsinki and Kotka). Global Ports also owns inland container terminals Yanino Logistics Park  and Logistika-Terminal , both located in the vicinity of St. Petersburg, and has a 50% stake in the major oil products terminal Vopak E.O.S.  in Estonia. 

    Global Ports’ Revenue for the first half of 2017 was USD 162.5 million and Adjusted EBITDA was USD 97.3 million. Consolidated Marine Container Throughput was 587 thousand TEU in the first half of 2017.

    Global Ports’ major shareholders are Transportation Investments Holding Limited (operating under the brand name of N-Trans), one of the largest private transportation and infrastructure groups in Russia (30.75%), and APM Terminals B.V. (30.75%), whose core expertise is the design, construction, management and operation of ports, terminals and inland services. APM Terminals operates a global terminal network of 76 ports and 117 inland services facilities, giving the company a global presence in 59 countries. 20.5% of Global Ports shares are traded in the form of global depositary receipts listed on the Main Market of the London Stock Exchange (LSE ticker: GLPR).




2018 April 19

19:00 Okskaya Sudoverf launches lead shallow-draft tank barge of Project ROB20, Belmax 1 (photo)
18:05 Vroon's MPI Napoleon commences Baltic-Sea charter
17:05 Diana Shipping announces continuation of time charter contract and a new time charter contract with Cargill
16:39 Admiralteiskie Verfi and Roshydromet sign contract for designing and construction of North Pole ice-resistant platform (photo, graphics)
16:05 CMA CGM to apply GRI from Canada to Asia, the Middle East and the Indian Subcontinent
15:15 MEYER WERFT announces delivery of cruise ship Norwegian Bliss
14:33 Maersk delivers new block train solution on Standard Gauge Railway
14:11 Global bunker market: the state of volatility remains, expert says
14:03 Samskip starts new service from Poland, Lithuania and Norway
13:20 Bibby Offshore becomes the first to deploy a pioneering diving safety system in the North Sea
13:17 Damen Dredging Equipment launches new DOP Dredger Series
13:11 Draft rules for collection of port investment due is available for public discussion (document)
12:52 Wärtsilä to provide optimised maintenance for a complete fuel gas handling system for Viking
12:08 6th Forum of Intermodal Transport FRACHT 2018 held in Gdańsk on 11-12 April
11:13 Port of Rotterdam: growth in container throughput continues in first quarter
10:49 Port of Riga introduces new cargo handling technologies
10:15 Experts forecast Russia's LNG exports to make 33 to 62 million tonnes by 2030
09:52 Brent Crude futures price up 0.6% to $73.92, Light Sweet Crude – up 0.55% to $68.85
09:34 Baltic Dry Index up to 1,124 points
09:24 APM Terminals launches integrated cold chain solutions in India
09:17 Bunker prices show no significant changes at the Far East ports of Russia (graph)

2018 April 18

18:26 Engine room fire on board Finlandia Seaways quickly under control
18:05 Ports of Long Beach and Los Angeles offer seed money to foster the development of new goods-movement technologies that improve air quality
17:47 Port of Rotterdam Authority launches new Pronto application
17:25 CMA CGM implements FAK rates from East Mediterranean ports to Gulf and Red Sea
16:55 Royal IHC announces successful launching of BONNY RIVER in China
16:16 RZD Logistics and Fenix will develop transit cargo transportation via port Bronka (photo)
16:05 Jumbo names new offshore vessel Stella Synergy
15:28 Samskip brings Rotterdam into Nor Lines' flexible LNG-powered service network
15:05 CMA CGM implements GRR from Asia to West Africa
15:02 Baltiysky Zavod shipyard tested mooring facilities of Akademik Lomonosov FPU (photo)
14:59 Port of Long Beach container cargo volumes swell 14 percent in March 2018
13:37 Kazmortransflot LLP takes delivery of final Damen Shoalbuster 2709 for Caspian Sea operations
13:08 Commercial Sea Port of Ust-Luga purchased Liebherr crane as part of Yug-2 terminal modernization (photo)
12:35 Crowley completes acquisition of three SeaRiver tankers
11:47 Major ASW ships Severomorsk and Vice Admiral Kulakov practise search for submarine in Barents Sea
11:19 USC: Import substitution and localization in shipbuilding is hindered by undeveloped service offer
10:50 Russia and Japan ink MoC on mutual recognition of seafarers’ diplomas (photo)
10:25 Brent Crude futures price up 0.54% to $71.97, Light Sweet Crude – up 0.51% to $66.86
10:09 FLEX LNG LTD signs one year time-charter with Enel
09:48 CMA CGM welcomes IMO's decision to reduce by 50% the industry’s CO2 emissions in 2050
09:33 Bunker prices are flat at the Port of Saint-Petersburg, Russia (graph)
09:14 Baltic Dry Index up to 1,052 points

2018 April 17

18:06 Management of Azerbaijan Caspian Shipping Company met with seafarers of the Company’s Offshore Fleet
17:57 RF Navy's major landing ship Minsk visits Lisbon port
17:35 For the first time, more than 30 ports certified with EcoPorts PERS environmental standard
17:05 MAN Diesel & Turbo wins major container vessel order
16:35 Konecranes Gottwald Mobile Harbor Crane for Italian multi-purpose terminal
16:30 Port of Antwerp freight volume up 7.1% to 58,328,678 tonnes in Q1 2018
16:20 Reconstruction and modernization of Yug-2 terminal at the port of Ust-Luga to increase its annual capacity to 20 million tonnes by 2020
16:05 The world’s largest plug-in hybrid ship begins to take form
15:24 Rolls-Royce to supply innovative autocrossing system and propellers to 13 new ferries
15:05 DNV GL launches alternative fuels white paper
14:13 Inland container shipping sector consultations facilitated by Port of Rotterdam Authority yield tangible results
13:20 The Panama Canal “adrift” due to safety concerns
12:58 Authorities and researchers to seek solutions to Arctic navigation
12:15 PowerCell’s fuel cell technology will make vessels emission-free
12:02 Bunker prices are flat at the Far East ports of Russia (graph)
11:44 Wan Hai Lines to launch Indonesia to Singapore / Malaysia service
11:31 HII awarded contract for DDG 51-Class follow yard services