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2013 December 19   18:25

BSC Terminal to be expanded to 260,000 TEUs by year-end, CEO says

Container throughput at Baltic Stevedoring Company Terminal (part of NCSP Group) will growth to 260,000 TEUs by the end of the year (with 7-day turnover of containers), the NCSP Group reports quoting CEO Yuri Matvienko as saying.

“This year we have invested RUB 414 million in the development of the terminal, and annual capacity will increase to 260,000 TEUs by the end of 2013, with container turnover time of seven days. Upon completion of the investment project, the terminal’s annual capacity is expected to reach 400,000 TEUs”, Matvienko said.

Baltic Stevedoring Company on December 19, 2013 completed yet another phase of the project “Construction of container terminal of BSC of capacity of 400,000 TEUs” (construction of warehouse facilities). Expansion of storage area to 5.6 ha has enabled the port operator to enhance storage capacity and logistics on the port's hinterland.

“Since October 2013 BSC has leased an additional 254 metre long, 8,000 m2 pier from Rosmorport. The configuration of the pier makes it possible to handle cargoes of up to 150 tonnes using tandem cranes”, the Group said.
The two piers at BSC are equipped with three LIEBHERR LHM-400 mobile cranes with a lift capacity of 104 tonnes. The ability of the cranes to move around the port freely makes it possible to handle simultaneously two ships moored at the piers.

The warehouse area is equipped with six RTG cranes for container handling. Baltic Stevedore Company’s current warehouse capacity can store up to 5,500 TEU of containers stacked five or six high.

As part of the investment contract signed with Rosmorport, BSC plans to invest up to RUB 1.5 billion into increasing the port’s capacity.
The project includes:
- Construction of 7.8 hectares of warehouse territory and trailer-tucks parking areas;
- Construction of port terminal buildings and facilities, including customs checkpoint facility;
- Repairs and upgrades to pier #2 to increase load capacity, in order to make possible the use of STS container loaders on the pier;
- Construction of a new ferry berth #3 at the northern end of the harbour to handle Ro-Ro ships;
- Dredging of the harbour by piers #1 and #3 as well as in the turning basin to increase depth to 10.5 metres;
- Acquisition of new pier and warehouse container handling equipment.

About NCSP Group
NCSP Group is the largest port operator in Russia and the third-largest in Europe, in terms of cargo turnover. NCSP shares are traded on Russia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). NCSP Group cargo turnover in 2012 totalled 159 million tonnes. Consolidated revenue according to IFRS in 2012 totalled USD 1,034 million and EBITDA was USD 591.5 million. NCSP Group consolidates the following companies: PJSC “Novorossiysk Commercial Sea Port”, LLC “Primorsk Trade Port”, PJSC “Novorossiysk Grain Terminal”, OJSC “Novorossiysk Ship Repair Yard”, OJSC “NCSP Fleet”, OJSC “NLE”, OJSC “IPP”, CJSC “Baltic Stevedore Company”, and CJSC “SFP”.

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