Global Ports board: Russian market super strong
Despite yesterday’s major depreciations in Russian Global Ports the ports operator partly owned by APM Terminals has a lot of opportunities, the board states.
BY LOUISE VOGDRUP-SCHMIDT
Yesterday, the Russian ports operator Global Ports, of which APM Terminals owns 37.5 percent, presented a net result showing a development which was 16 percent weaker than the year before. In particular, the result was affected by a depreciation of the St. Petersburg container terminal. Despite the downturn of 2012, the board of Global Ports remains positive towards the future of the Russian market.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Russian Global Ports performs major impairment
For subscribers
Analyst: Maersk’s Russian port acquisition under pressure
For subscribers
