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Maersk's Russian port operator grows its revenue despite coronavirus

Russian port company Global Ports, of which Maersk owns one third, delivers an increased revenue for the first half of the year. However, earnings dropped, and this development is expected to continue in the second half.

Photo: Global Ports

Partially Maersk-owned Russian port operator Global Ports saw its revenue grow in the first six months of the year, a period otherwise characterized by the coronavirus pandemic.

Specifically, the company's revenue grew by 1.8 percent to USD 184.4 million in the first half of the year, while its container throughput increased by 8.4 percent to a total of 774,000 teu.

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