Shareholders of Port Vanino OJSC approve raising of RUB 4.8 bln loan from VTB

Shareholders of Port Vanino OJSC have approved raising of RUB 4.8 bln loan from VTB at annual interest rate of 15.5% for 2 months. According to the company materials, they have also approved a transaction on granting of RUB 4.77 bln loan to Statula Holdings Limited at annual interest rate of 17.5%. 

The right to claim the loan repayment has been pledged to VTB.

Vanino Commercial Sea Port OJSC is the largest stevedoring company of Khabarovsk region. It provides handling and forwarding services. Cargo is delivered via Vanino to the north-eastern regions of Russia, Japan, South Korea, China, Australia, USA and other countries of APR. The length of the port’s berthing line is about 2.5 kilometers. The berths occupied by three industrial complexes are equipped in compliance with their specialization.