Global Ports Investments PLC

Global Ports to consolidate Russian terminals

Global Ports Investments PLC has announced that it had entered into binding agreements with CMA Terminals on cash free shares swap.

In exchange for 25% of Multi Link Terminals Ltd Oy, Finland, Global Port will receive 25% of CD Holding Oy, Finland, and 25% of Multi Link Terminals Ltd, Ireland, which own Yanino Logistics Park (LP) and Moby Dik (MD) respectively.

According to Global Ports, this will allow the Russian port and terminal operator to concentrate its full control over Russian terminals...

https://container-news.com/global-ports-to-consolidate-russian-terminals/

Global Ports reports increased Q3 box throughput

The Russian container terminal operator Global Ports Investments PLC has recorded firm growth for the third quarter and the first nine months of the year.

In total, the Group’s consolidated marine container throughput increased by 8.4% in Q3, completing 401,000TEU, and by 4% during the January – September period, reaching 1.19 million TEU.

Commenting on the ongoing volume growth, Albert Likholet, CEO of Global Ports Management stated, “Our large well-equipped terminals with strong railway...

https://container-news.com/global-ports-reports-increased-q3-box-throughput/

Global Ports appoints new general manager for MD and YLP terminals

Global Ports Investments PLC is going under management changes as Vadim Shpityak has been appointed the General Manager of the company’s joint ventures Moby Dik (MD) and Yanino Logistic Park (YLP) terminals.

Shpityak has more than 17 years of experience in the industry, most recently, as Head of Technical Assets Maintenance Department and Group Chief Engineer of Global Ports Management.

Prior to this, he held the positions of Technical Director at Petrolesport and Chief Engineer at First...

https://container-news.com/global-ports-appoints-new-general-manager-for-md-and-ylp-terminals/

Global Ports’ revenues and volumes increase during 2021 first half

Global Ports Investments PLC (Global Ports) has published its financial and operational results for the first half of the year, demonstrating a strong performance due to full imports, transit volumes and containerised export growth.

In particular, the Russian terminal operator has reported that its consolidated revenue saw a year-on-year increase of 24.6% with US$229.8 million (excluding the impact of Vostochnaya Stevedoring Company VSC transportation services), while like-for-like revenue also...

https://container-news.com/global-ports-revenues-and-volumes-increase-during-2021-first-half/

Global Ports focuses on container terminal operations in St. Petersburg

Global Ports Investments PLC (Global Ports, and together with its subsidiaries and joint ventures, “the Group”), on May 13 announced that as part of its strategy to prioritise operating efficiency and optimise the Group’s asset base, the management teams of Petrolesport and First Container Terminal are to be unified. The Board has appointed Albert Likholet as Managing Director of both Petrolesport and First Container Terminal, effective from 13 May 2019. Alexander Tikhov, the former Managing...

https://container-news.com/global-ports-focuses-container-terminal-operations-st-petersburg/