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Drewry: Fear of Russian dominance in container port market

Global Ports, of which APM Terminals is a major shareholder, could face an uphill struggle in getting approval for their acquisition of the competitor National Container Company by the Russian authorities, Drewry writes. Other companies could be interested as well.

The prospect of Russia’s two largest container terminal operators merging – of which the Maersk-owned APM Terminals has a considerable share in one of the operators, Global Parts – has raised concerns that the two operators together may achieve a dominant position, the analyst firm Drewry writes on Monday in Container Insight Weekly. 

Following several days of discussion within the media, Global Ports Investments (GPI) recently confirmed that the company is investigating the opportunities for buying a controlling stake in National Container Company (NCC), a company with major activities in St. Petersburg who is considered to be the other dominant player in the Russian market.

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