Ports

Russia's Global Ports sees earnings slide in growing market

Partially Maersk-owned Russian port company Global Ports lost revenue and earnings in the first half of 2017 – but overall container volumes are rising.
Photo: Global Ports PR
Photo: Global Ports PR
by OLE ANDERSEN

Despite growth in overall container volumes going in and out of Russia in the first half of 2017, partially Maersk-owned terminal operator Global Ports Investments saw its earnings (EBITDA) slide 12.8 percent down to USD 97.3 million.

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