The Board of Directors of JSC Murmansk Commercial Seaport has announced its plan to close the company’s office in St. Petersburg, the company’s official statement said.
The Board Council also decided to sign an agreement with OJSC SUEK to conduct fault detection and overhaul of GIPOREC R 130 C crusher. The cost of repairs is estimated at RUB 1.77 million. The contract will be executed within 80 days from June 15, 2012.
OJSC Murmansk Commercial Seaport was founded in 1994. MCS operates 17 berths of total length of about 3 km. The waters depths allow the port to accommodate vessels with draft of 15.5 m and length of more than 265 m. The stevedore specializes in handling ranged cargoes, including non-ferrous metals and alloys in packages, rolled ferrous metals, coal, apatite concentrate, alumina, and scrap and iron ore pellets in bulk, chemical products in bags and big-bags, construction cargo and foodstuff. In 2011, net income of the company fell 30.2% year-over-year to RUB 138,534,000, revenue – by 3.7% to RUB 1,403,254,000, cargo throughput totaled 14,420,033 tons.