Container throughput of Russian seaports is likely to reach 3.3 mln TEU in 2007 and 10.5 mln TEU in 2015, National Container Company forecasts. According to the company, the strategy is to bring the capacities of container facilities into compliance with this growth.
The company attributes such a fast growth of container turnover in Russia to continuous development of trade between Russia and China (some 40% per year throughout last 3 years) as well as to growing containerization of cargo.
Total turnover of NCC terminals in St. Petersburg, Novorossiysk and Iljichevsk is expected to exceed 1.5 mln TEU in 2007. The company's investment into infrastructure of the existing terminals is reach $1.7 billion by 2019.
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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