St. Petersburg Port stevedore invests in expansion
For the past nine months JSC Sea Port Saint-Petersburg, a stevedore company operating at Big Port St. Petersburg, has invested in the modernization of port infrastructure and upgraded of its terminals more than 170 million rubles, the company’s press release said.
The money was spent for lease payments for purchased handling equipment, as well as for the modernization of the port security system.
In the reporting period, the company also invested in the railway tracks overhaul at the port’s Second Cargo Area, to ensure smooth movement of trains and increase the capacity of the railways.
JSC Sea Port St. Petersburg (part of UCL Port, a sub-holding, managing stevedoring assets of UCL Holding) is the largest operator, providing ranged services for handling of all types of dry bulk cargo in Big Port St. Petersburg. The company operates modern specialized terminals for handling Ro-Ro cargo, imported vehicles and metals. In 2011, cargo throughput at Sea Port St. Petersburg was 7.4 million tons.