Novorossiysk Commercial Sea Port (LSE: NCSP, RTS: NMTP, MICEX: NMTP) (NCSP) announces the signing of a long-term contract between Novoroslesexport (NCSP subsidiary) and МSС Novorossiysk, an exclusive representative of Mediterranean Shipping Company on the Black sea. According to the contract Novoroslesexport container terminal will handle vessels of MSC, one of the largest world’s container liner operator.
Under the contract, the first container vessel of MSC has been handled by the Novoroslesexport container terminal on April 23-25th.
According to the contract Novoroslesexport accepted the obligations of transshipment of freighted and empty import and export containers, their storage on the terminal territory and a number of additional services. It is expected that the laying-up and processing of the MSC vessels will take place twice a week.
Under the terms of the contract MSC guarantees to provide Novoroslesexport with the confirmed transshipment volume of 106 thousand TEU from April to the end of the year. That includes export and import containers both empty and freighted. Novoroslesexport in its turn guarantees to provide the customer with a high quality and world-class level of services.
Novoroslesexport already has a track-record of contract relations with MSC that are resuming after the completion of the reconstruction of container terminal. As a result of the reconstruction, the Novoroslesexport is able to provide its customers with new technical conditions and advanced level of services.
NCSP
NCSP is a key Southern gateway for the import and export of a wide range of cargoes to and from the Russian economy (including oil, oil products, timber, grain, fertilizers, ferrous metals, containers, automobiles and general cargo). NCSP handles approximately 20% by volume of cargoes shipped through Russian sea ports according to the Association of Russian Sea Ports.
During 2006, NCSP consolidated its shareholdings in the majority of other operators and stevedores in the Port.