Federal Antimonopoly Service (FAS Russia) granted the petition on acquisition of stakes in several stevedoring and shipping companies by Universal Cargo Logistics Holding’s assets, the FAS press service said.
Nafta (T) LLC, part of UCLH, got the go-ahead to buy out a 30.48-percent stake in JSC Tuapse Commercial Sea Port. Passenger Port JSC and Cyprus-based Volga-Balt Transport Holding Ltd. will acquire 37.58% of shares (each) in JSC North-West Shipping. Besides, Western Shipping Charter Agency will purchase a 34.11% share in Western Shipping Company. Volga-Balt Transport Holding Ltd. and Kaliningrad-based Vodokhod LLC will buy out the same stake in WSC.