SMM to build 6 portal cranes for NSCP
Russian machine building company SMM CJSC has won the international tender announced by Novorossiysk Commercial Sea Port OJSC (NCSP Group) for the manufacture, delivery and installation of six portal cranes, SMM says.
Under the contract signed by the companies, four Aist cranes and two Vityaz crane will be put into operation by the end of 2014.
As of today Novorossiysk port operates eight Vityaz and three Aist cranes.
SMM CJSC (Saint-Petersburg) develops and manufactures cargo lifting equipment which operates in ports and terminals of Russia, Ukraine, Georgia, Uzbekistan and EU countries.
NCSP Group is the largest port operator in Russia and the third-largest in Europe, in terms of cargo turnover. NCSP shares are traded on Russia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). NCSP Group cargo turnover in 2013 totalled 141 million tonnes. Consolidated revenue according to IFRS in 2012 totalled USD 1,034 million and EBITDA was USD 591.5 million. NCSP Group consolidates the following companies: PJSC “Novorossiysk Commercial Sea Port”, LLC “Primorsk Trade Port”, PJSC “Novorossiysk Grain Terminal”, OJSC “Novorossiysk Ship Repair Yard”, OJSC “NCSP Fleet”, OJSC “NLE”, OJSC “IPP”, CJSC “Baltic Stevedore Company”, and CJSC “SFP”.
