NCSP Chairman to be elected on March 19, 2013
New Chairman of the Board of Directors of PJSC Novorossiysk Commercial Sea Port (NCSP) will be elected at the Board’s meeting slated for March 19, the company press release said.
The Board will also consider the project of reconstruction of oil port of Sheskharis.
An earlier report said Summa Group and Transneft had agreed to change the chairman of the Board of Directors of Novorossiysk Commercial Sea Port (NCSP) in March 2013.
PJSC Novorossiysk Commercial Sea Port is the parent company of the group under the same brand name, the largest Russian port operator in terms of cargo volumes.
Shares of “PJSC NCSP" are listed on the Moscow Stock Exchange (ticker NMTP), and on the London Stock Exchange in the form of global depositary receipts (ticker NCSP). 50.1% of shares of "PJSC NCSP" are owned by Novoport Holding Ltd, beneficiaries of which are Transneft and Summa Group. In 2012 NCSP Group’s total cargo throughput was 158.9 million tonnes.
