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2008 December 5   11:27

Throughput of First Container Terminal exceeds 1 mln TEU in 2008

First Container Terminal (FCT, part of National Container Terminal) has handled its millionth container in 2008, NCC press center reports. For the first time throughput of Russia’s container terminal exceeds 1 mln TEU. The millionth container was delivered to FCT by the MSC IRIS carrier of Mediterranean Shipping Company (MSC).

First Container Terminal was established in October 1998 and handled 5.9 mln TEU accounting for 35% of Russia’s total container throughput during this period (All Russian ports handled 17 mln TEU considering the volumes of 2008). FCT development program envisages further increase of the terminal capacity to 1.6 TEU by 2012. 

National Container Company (NCC) is the leading Russian operator of container terminals. It holds leading position at the market of stevedoring services. NCC is owned in equal shares by First Quantum and FESCO transport group (FESCO’s control stock is owned by Industrial Investors Group). NCC assets include:  

- First Container Terminal (port of St. Petersburg, leader at the market of container cargo transshipment in Russia, CIS and Baltic countries, capacity – 1.1 million TEU per year with a perspective expansion to 1.6 million TEU per year);

- Nodal Transporting and Forwarding Company of Novorossiysk (NUTEP, port of Novorossiysk, current capacity of 150 thou TEU with a perspective expansion to 500 thou TEU); 

- Iljichevsk container terminal (Ukraine, current capacity of 850 thou TEU with a perspective expansion to 4 million TEU);

- Baltic Container Terminal in Ust-Luga (design capacity of up to 3 million TEU).  It’s a large-scale project on construction of a container terminal to be implemented within the framework of a Public-Private Partnership. It is part of a group of projects aimed at construction of a multifunctional port at the mouth of the Luga-river;

- land-based logistics center and container terminal Shushary (Leningrad region) with a design capacity of up to 200 thou TEU per year at the territory of 92 hectares.

In 2007 NCC terminals handled over 1.5 mln TEU.

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