Port assets owner becomes Russian parliament member
Vitaly Yuzhilin, an owner of major port assets in Russia (First Quantum is a shareholder of National Container Company), will become a member of the new State Duma of Russia, Mr. Yuzhilin told PortNews. Vitaly Yuzhilin was a member of parliament's lower house of the previous convocation.
National Container Company (NCC) founded in 2002 is now the leading container terminal operator in Russia and CIS countries. NCC is owned 50/50 by First Quantum Group and FESCO Transport Group. In 2010, total container trade across the NCC’s stevedoring assets amounted to over 1.3m TEUs.
NCC’s portfolio of assets includes First Container Terminal (FCT, St. Petersburg), NUTEP Container Terminal (Novorossiysk), Ukrtranscontainer (Ilyichevsk, Odessa region, Ukraine), Ust-Luga Container Terminal (Leningrad region), Logistika Terminal (Shushary St. Petersburg) and Wilhelmshaven-based JadeWeserPort (Germany).