Severstaltrans and First Quantum – owners of National Container Company – have finalized the deal on separation of the Company’s assets

Severstaltrans and First Quantum – owners of National Container Company – have finalized the deal on separation of the Company’s assets, NCC’s press service reported, according to IA RZhD-Partner.Ru. First Quantum has acquired its partner’s 50-percent stake in the First Container Terminal CJSC (Saint Petersburg) and Baltic Container Terminal (Ust-Luga port), as well as National Container Company brand. Severstaltrans has in its turn acquired the stake of First Quantum in the Far Eastern container terminals: Vostochnaya Stevedoring Company LLC, Vostochnyj International Container Service CJSC and Vladivostok Container Terminal OJSC. According to Interfax, total value of the deal is $375 million.