Summa Group’s bank accounts blocked

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Continued detention without trial of Ziyavudin Magomedov sparks fears for future of Summa group, a key player in the Russian shipping and p...

Russia still bulking up

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General cargo traffic is still languishing in Russia’s seaports, although liquid and dry bulk commodity exports have been increasing....

NUTEP expansion plan

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DeloPorts, the stevedoring arm of Russia’s Delo transport and logistics group, has started construction of a new deep-water berth at its N...

Russia looks to the East

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Economics and politics point up Russia’s interest in developing better trade links with China and Southeast Asia....

Novorossiysk undergoes ownership changes

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JP Morgan has reduced its stake in Novorossiysk Commercial Seaport group (NMTP) from 18.41% to 8.249%. The buyer and the price have not been...

Running before you can walk?

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Container business is still on a strong upward curve in Russia’s sea ports, but given the scale of planned investments, will there be enou...

Novorossiysk attracts interest

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After several years of “on, off ” decisions in its annual budget, the Russian government has finally decided to sell the state’s 20% s...

More manoeuvring in Novorossiysk

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First Quantum Group and Andrey Kobzar, the owners of Russia’s National Container Company (NCC), have sold their 50% stake in the underperf...