Container terminal NLE increases its reefer capacity

Container Terminal Novoroslesexport JSC (NLE, part of NCSP Group) has completed the project of reefer and electricity capacity installing reefer racks adding 720 plugs for refrigerated containers connected to the terminal power supply, NCSP Group said in a media release.

The reefer racks installation at Cargo Area No 2 began in February 2018 as part of the project to expand the reefer capacity of NLE terminal.

The new racks will enable NLE to store and stack at the terminal simultaneously more than 1,500 loaded refrigerated containers, compared with 800 reefer containers until February 2019.

Container Terminal Novolesexport (NLE) provides services for cargo handling and storage of containers and timber products, such as raw timber, plywood, fibreboard and chipboard. Unlike other stevedoring companies in the Black Sea-Azov Sea region, NLE's focus is on shipment of processed timber, the tariffs for which offer higher margins than raw timber. In addition, NLE offers a range of value-added services to customers, including warehousing and freight forwarding and is engaged in the stevedoring of ferrous metals and perishable goods.

NCSP Group is the largest port operator in Russia by cargo turnover. NCSP Group is traded on Moscow Exchange (NMTP) and London Stock Exchange as GDRs (NCSP). NCSP Group volumes in 2018 totaled 140.2 million tons. NCSP Group consists of: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, LLC Novorossiysk Grain Terminal, JSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, LLC IPP, Baltic Stevedore Company LLC, and JSC SFP.