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ULCT Handles Cargo for Nord Stream 2

Ust-Luga Container Terminal, a member of the Global Ports Group (ULCT), finished handling OCEAN DREAM vessel that delivered large-size gas heating equipment from Chioggia in Italy. The equipment was delivered for the Nord Stream 2 infrastructure project.

For now the cargo remains in ULCT’s yards and when cleared by the customs it will be delivered to the construction site of the Slavyanskaya compressor station in the Kingisepp District of the Leningrad Region.

This is the second shipment of equipment for Nord Stream 2 handled at ULCT. The terminal was selected by the shipper due to its infrastructure capabilities that allow to efficiently handle and store oversize cargo with subsequent shipment by rail or by truck.

Background

Ust Luga Container Terminal (Global Ports group) is the first deep water container terminal in the North-West of Russia. The current capacity of the terminal is 440,000 TEUs. At full development ULCT will become the biggest and most advanced in terms of technology Russian container terminal with the depth at berths of up to 16 m. The terminal is located 100 km to the west of Saint Petersburg in the territory of a sea commercial port Ust Luga in the Luga Bay of the Gulf of Finland. This is a joint project of Global Ports group (80%) and Eurogate (20%), a leading European container terminal operator.

For more information please see: www.ulct.ru

Global Ports Investments PLC is the leading operator of container terminals in the Russian market.

Global Ports’ terminals are located in the Baltic and Far East Basins, key regions for foreign trade cargo flows. Global Ports operates five container terminals in Russia (Petrolesport, First Container Terminal, Ust-Luga Container Terminal and Moby Dik in the Russian Baltics, and Vostochnaya Stevedoring Company in the Russian Far East) and two container terminals in Finland (Multi-Link Terminals Helsinki and Multi-Link Terminals Kotka). Global Ports also owns an inland container terminal Yanino Logistics Park located in the vicinity of St Petersburg and has a 50% stake in a major oil product terminal AS Vopak E.O.S. in Estonia.

Global Ports’ major shareholders are Delo Group, one of the largest private transportation and logistics holdings in Russia (30.75%), and APM Terminals B.V. (30.75%), whose core expertise is the design, construction, management and operation of ports, terminals and inland services. APM Terminals operates a global terminal network of 76 ports and 117 inland services facilities, giving the company a global presence in 59 countries. 20.5% of Global Ports shares are held in the form of global depositary receipts listed on the Main Market of the London Stock Exchange (London Stock Exchange ticker: GLPR).

For more information please see: www.globalports.com

  • 24.09.2018