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2008 July 8   10:27

Unified container terminal with a capacity of 600,000 TEU to be built in the port of Vladivostok

Supervisory Board of Commercial Port of Vladivostok (VMTP) decided to create a unified container terminal with a capacity of 600,000 TEU at the berths No 12-16 of Commercial Port of Vladivostok, press center of FESCO Group reports.

According to Siman Povarenkin, Chairman of VMTP Supervisory Board, "all container assets located at the territory of Commercial Port of Vladivostok will be developed as a unified production complex managed by one operator." He also underlined that creation of a unified terminal became possible after FESCO acquired a 50-perent share of Vladivostok Container Terminal LLC from N-Trans Group in early July.

According to Vyacheslav Pertsev, VMTP Director General, by 2011 the terminal’s capacity is to reach 600,000 TEU.

FESCO Transport Group created on the basis of Far Eastern Shipping Company is one of the leading container operators in Russia. In 2007, the Group’s throughput exceeded 2.4 million TEU.

The deadweight of the Group’s fleet exceeds 1 million tonnes. The Group’s rolling stock numbers over 17,000 units. The Group’s port transshipment facilities have the capacity exceeding 1.6 million TEU.

Besides FESCO the Group comprises National Container Company (Russia’s largest operator of container terminals co-managed the Group and First Quantum; Transgarant (one of Russia’s largest railway operators specializing in transportation of dry bulk cargo); Russkaya Troika CJSC (JV with Russian Railways OJSC, specializing in railway transportation of containers); FESCO ESF Ltd (feeder container carrier at the Baltic Sea); DalRefTrans (transportation of refrigerated cargo); Commercial Port of Vladivostok (one of the largest ports in the Far East of Russia ); FESCO Integrated Transport (the Group’s logistics operator).

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