Press
The Far East port Zarubino, owned by FESCO (part of Summa Group) could become the second largest shipment port in Russia. “I think that between today and tomorrow we’ll increase to 100 million tons,” boasted Andrey Zagorsky, Head of port construction, during his presentation of the Big Port Zarubino project (quoted by Interfax). According to the presentation, 80 million tons of shipments per year have already been contracted. Yesterday Summa Group signed agreement with the Chinese Heilongjiang grain company for 10 million tons of grain trans-shipment, as well as agreement with UC RUSAL for 2 million tons of imported alumina trans-shipment, Zagorsky said. Currently, over 100 million tons of cargo is transferred just through Novorossiysk (NMTP and Delo Ports terminals – 112.6 million tons in 2013, according to the Association of Commercial Seaports)....
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Big Port Zarubino, a construction project in the Primorsky Krai that will be managed by FESCO group, will start operations in 2018. As reported during the project's presentation at the First Russian-Chinese EXPO on Monday in Harbin, “In 2018, 80 km from Vladivostok, in a naturally sheltered deep-water bay, work of one of the largest trans-shipping complexes – Big Port Zarubino – will begin.”...
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The majority of Russian coal companies export their products through their own ports. Magomedov brothers’ Summa Group will orient the company's coal terminal in the Far East towards work with small and medium-sized coal manufacturers, said Marat Shaidaev, member of the Board of Directors, during an interview with ITAR-TASS. In the future, port clients will have the opportunity to become minority shareholders....
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