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2011 January 24   14:05

Global Ports mulls buying new port assets

Global Ports Investments Plc is considering the acquisition of new port assets, the Group’s Board Chairman Nikita Mishin said in an interview with journalists, PortNews reports. Mr. Mishin did not unveil what assets the Group is going to buy.

Global Ports Investments Plc (GPI) is a group of leading operators of container terminals in Russia. The group is owned by N-Trance, the largest private operator in the transport market of Russia, CIS and Baltic countries.

GPI terminals are located in the Baltic and the Far Eastern basin. The Group operates three Russian container terminals (Petrolesport, "Moby Dick" in St. Petersburg and the Vostochny Stevedoring Company at the port of Vostochny) and two container terminals in Finland (Multi-Link Helsinki, Multi-Link Kotka). GPI also implements a project to develop a dry terminal Yanino near St. Petersburg.

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