Management of two of Russia's largest coal ports will now be concentrated in a single management structure, Moscow headquartered Port Management Company Ltd. (UPK), the Company said in a press release.
The company now controls the operation of JSC Vostochny Port in the Primorsky region and of JSC Rosterminalugol at the Port of Ust-Luga, Leningrad Region.
The total throughput of the two terminals by the 2015 year results was in excess of 40 million tonnes. This represents more than a third of the Russian coal exports.
A briefing will be held on August 16 2016 and its participants will tell about the development of the UPK stevedoring projects and about Russian coal export market. Media accreditation has now opened for the briefing.