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2007 September 25   11:20

NCC officially starts construction of logistics complex Shushary in St. Petersburg

On September 26, 2007 National Container Company (NCC) will officially start construction of a logistics complex Shushary in St. Petersburg, the company’s press release reads. The complex is to comprise a container terminal with a capacity of 10,000 TEU of loaded and 4,500 TEU of empty containers.

Introduction of a new “rear”, or “off-dock” terminal will raise the capacity of First Container Terminal (port of St. Petersburg). The containers are to be delivered from the port to Shushary by railway and by roads and then delivered to the customer from the terminal.

Besides container terminal there will be a logistics center with distribution warehouses and a wholesale complex. Total are of the construction site will be 90 hectares, NCC’s investments into the first phase will total $85 million.

National Container Company (NCC) is the leading Russian operator of container terminals. It holds leading position at the market of stevedoring services. NCC is owned in equal shares by First Quantum and FESCO transport group (FESCO’s control stock is owned by Industrial Investors Group). NCC assets include:  

- First Container Terminal (port of St. Petersburg, leader at the market of container cargo transshipment in Russia, CIS and Baltic countries, capacity - 1 million TEU per year with a perspective expansion to 1.6 million TEU per year);

- Nodal Transporting and Forwarding Company of Novorossiysk (NUTEP, port of Novorossiysk, current capacity of 130 thou TEU with a perspective expansion to 750 thou TEU); 

- Iljichevsk container terminal (Ukraine, current capacity of 450 thou TEU with a perspective expansion to 4 million TEU);

- Baltic Container Terminal in Ust-Luga (design capacity of up to 6 million TEU).  It’s a large-scale project on construction of a container terminal to be implemented within the framework of a Public-Private Partnership. It is part of a group of projects aimed at construction of a multifunctional port at the mouth of the Luga-river;

- land-based logistics center and container terminal Shushary (Leningrad region) with a design capacity of up to 400 thou TEU per year at the territory of 92 hectares.

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