Multipurpose Transshipment Complex of Ust-Luga allocates RUB 152.8 mln for development programme in Jan-Sep’14

In January-September 2014, Multipurpose Transshipment Complex LLC (MTC, Ust-Luga, Leningrad region) allocated RUB 152.8 mln for implementation of the development programme, the Company’s press center says.

RUB 149.5 mln were spent for purchase of new transshipment equipment and development of port infrastructure. RUB 3.3 mln were spent as lease payment for earlier acquired equipment.

Multipurpose Transshipment Complex LLC (part of UCL Port –stevedoring division of the international transportation group UCL Holding) is a cargo terminal at port Ust-Luga (Leningrad region) specializing in accepting and storing as well as export/import shipment of general and dry bulk cargo. In 2013, MTC LLC handled 3.5 mln t of cargo.