Russia’s container market increase by 18% year-on-year
NewsIn February of this year alone, Russia’s container market rose by 23.5 per cent year-on-year to 533,000 TEU. The preceding month also saw growth.
FCT takeover move?
It is understood that Russia’s Industrial Investors group (PI) led by MP Sergey Generalov may buy into National Container Company (NCC)’s flagship terminal, First Container Terminal (FCT) in Saint Petersburg. At least 50% is “on the table,” for US$250-300M.
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