1. Home
  2. Maritime industry news - PortNews
  3. Merger of TSC and Seaport St. Pb

2011 March 31   10:33

Merger of TSC and Seaport St. Pb

CJSC Third Stevedoring Company (TSC) has stopped its activities in connection with the stevedoring companies’ reorganization, merging with JSC Sea Port St. Petersburg, the Group’s press-service reports. The merger was registered in the Uniform State Register of Legal Entities.

Seaport of St. Petersburg is the universal legal successor to all rights and obligations of TSC. All personnel of TSC was hired by Sea Port of St. Petersburg on the same terms. The Group also is responsible for the execution of client contracts of TSC.

The process of reorganization of the group of companies Seaport St. Petersburg began in 2010 through the merger of three joint stock companies: CJSC First Stevedore Company, CJSC Second Stevedoring Company and CJSC Third Stevedoring Company.

The companies are historically and institutionally linked to each other, are controlled by one shareholder and carry out their activity at the 1st, 2nd and 3rd cargo areas of the seaport. The creation of a single operator will improve the manageability of business, will help reduce management and administrative costs, as well as contribute to strengthening the competitiveness of handling services in Big Port St. Petersburg, the Group’s press service said.

Seaport St. Pb now becomes the operator of a specialized vehicle terminal encompassing 5 hectares of annual capacity of 80,000 cars at the 3rd cargo area of  Big Port St. Petersburg.

The Seaport St. Petersburg Group is part of Universal Cargo Logistics Holding. The Group provides stevedoring services at the port of St. Petersburg and Russia’s North-West.

Latest news

2025 May 13

2025 May 12

Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31