Russian Railways (RZD OJSC) intends to build a container terminal in the Far East, RIA Novosti reports according to Vladivostoktimes.Ru.
"We negotiate purchasing a plot in the Far East to build a container terminal," Vladimir YAKUNIN, the President of the company told.
At the same time RZD is purchasing the sea ports' shares. Mr. YAKUNIN lately noted that RZD intends to purchase 5% of the OJSC "Novorossiysk Sea Commercial Port" shares; it is the largest port operator of the Russian Federation. Nowadays RZD has already owned 16% of the port shares.
In the near future RZD plans to purchase small holdings of shares of other sea ports. The RZD administration considers it necessary to participate in making decisions on some matters including the tariff policy.
Novorossiysk Sea Commercial Port was formed in 1992 as a result of privatization in port sector of Russia. The port is located in the northeast part of the Black sea; it is the largest seaport of Russia and the fifth among the largest ports of Europe.
In 2006 NSCP processed about 80,8 million tons of various cargoes, including oil and oil products, grain, timber, metal, chemicals, container, general and bulk cargoes; it is 20% of total cargo exported through the Russian seaports.
To increase the cargo turnover the Company implements the investment program on the total amount of 20 billion Rubles; the program is calculated for 5 years.
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