Sea Port of Saint Petersburg OJSC to be managed by UCLH subsidiary Transport Asset Management LLC
![](/img/en_news_image.jpg)
The powers of the sole executive body of Sea Port of Saint Petersburg will be handed over to Transport Asset Management LLC (subsidiary of UNIVERSAL CARGO LOGISTICS HOLDING BV (UCLH)) from July 1, 2009 for 3 years, press center of Sea Port of Saint Petersburg reports. According to the source, the newly elected BOD of the company includes vice-Governor of St. Petersburg Yuri Molchanov supervising sea transport issues.
Sea Port of St. Petersburg (Group of Companies) includes First Stevedoring Company CJSC, Second Stevedoring Company CJSC, Third Stevedoring Company, Forth Stevedoring Company CJSC, Multipurpose Transshipment Complex in Ust-Luga and a number of service companies. In 2008, the Group’s stevedoring companies handled 11 million tonnes of cargo. The Group’s specific share in total throughput of Big Port of St. Petersburg makes some 18%.
Universal Cargo Logistics Holding В.V. is a transport holding controlling Sea Port of Saint Petersburg OJSC and Commercial Seaport of Taganrog OJSC. The Holding’s total throughput exceeded 35 million tonnes in 2008.
The Holding’s development strategy envisages consolidation of transport assets including those related to maritime, river and railway transportation as well as stevedoring business.
Transport Asset Management LLC is UCLH subsidiary. It was set up in 2008 for optimization of management within the holding. TAM Director General is Bukin O.Yu.