Federal Antimonopoly Service (FAS) of Russia has granted a request of En+Port Ltd., a Moscow-headquartered company engaged in wholesale trade through agents, to acquire 100% shares of OJSC Vanino Commercial Sea Port (Port Vanino), the antitrust agency said.
JSC Vanino Commercial Sea Port (Port Vanino) is the major operator of Port of Vanino (Khabarovsk Territory). The port is a gateway for trade flows between Russia and Japan, South Korea, China, Australia, USA and other countries of Asia Pacific Region. Vanino also handles imports shipped to the northern regions of Russia. The port operates the waterfront of about 2.5-km with three specialized cargo handling facilities. In 2011, cargo throughput at Port Vanino terminals shrank 1.7% year-on-year to 5.9 million tons.