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DeloPorts
DeloPorts is a Russian stevedoring holding that consolidates the assets of Delo Group at the Novorossiysk Sea Port, comprising NUTEP container terminal, KSK grain terminal and Delo service company and towing operator. The primary beneficiary of DeloPorts is Russian businessman Sergey Shishkarev. History The company was registered in 2012 in the city of Limassol in Cyprus as a holding, consolidating assets of Delo Group at the Novorossiysk Sea Port. Initially, Sergey Shishkarev (owner of the Delo Group) had 90% of shares, while 10% belonged to his nephew Timofey Telyatnik, who also was one of the company's presidents. In 2015 the partnership dissolved due to the dissent in business strategies. Shishkarev purchased Telyatnik's share in June 2015 and became the sole owner of DeloPorts, transferring the group to Russian jurisdiction shortly afterwards. At first DeloPorts holding comprised KSK grain terminal, NUTEP container terminal, TOS bunkering company (later renamed into "Delo ...
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Delo Group
Delo Group is the biggest Russian private holdings for logistics and freight forwarding. It comprises and manages numerous port assets in the Sea of Azov and Black Sea, Baltic and Far Eastern basins, including a provider of rail and multimodal container transportation, container park and well cars. ''Delo Group'' is part of the Delo holding company, 70% of which is owned by its founder Sergey Shishkarev, and the other 30% by “Rosatom” state corporation. The key companies within the Group are DeloPorts stevedoring holding and Global Ports container terminal operator. Transport logistics are managed by Ruscon multimodal transport agent and intermodal container operator TransContainer. History Delo’s first enterprise, “Delo” shipping company, was founded in 1993 by Russian businessman Sergey Shishkarev, it became the first private operator at the Port of Novorossiysk and a major transportation agent, accounted for more than 50% of freight forwarding services. In the ...
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KSK (grain Terminal)
KSK grain terminal is a container terminal of Novorossiysk Sea Port for grain, ro/ro and general cargo. It was launched in 2006 as a subsidiary of Russian stevedoring holding DeloPorts. History The terminal “Kombinat ''Stroikomplekt''” (since April 2014 known as KSK) was launched in 2006. It occupied 7 hectares of same name enterprise: a former “Stroydetal” factory of “Novorossiyskmorstroy”, managed by the Mintransstroy (the USSR Department of Transport Construction). The facility was equipped with sheltered warehouses, parking lots and four III-class berths. The proprietary (Delo Group) initiated a reconstruction in 2007. The project included the construction of a new terminal elevator of 120,000 tons capacity, a new rail line and a berth for handling vessels up to 30,000 ton. The required investments of 1.5 billion roubles were credited by Sberbank. The first stage of the project was finished in 2012, expanding the terminal capacity up to 2 million tons of grai ...
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Port Of Novorossiysk
Novorossiysk Sea Port (russian: Новороссийский морской порт, NSP) is one of the largest ports in the Black Sea basin and the largest in Krasnodar Krai. At 8.3 km, the NSP berthing line is the longest among all the ports of Russia. The port is located on the Northeast coast of the Black Sea, in the Tsemes Bay (also called Novorossiysk Bay). The bay is ice-free and open for navigation all year round. However, in winter the navigation occasionally stops due to the hazardous northeastern Bora (wind), bora wind. The Tsemes Bay allows deep-draft vessels up to 19 m Deadweight tonnage, DWT, the inner harbour — up to 12.5 m. The liquid bulk terminals depth range from 8.4 to 15.6 m, suitable for Tanker (ship), tankers with a Deadweight tonnage, deadweight of up to 250,000 tons. Description The Port of Novorossiysk is located at the crossroads of major international transport corridors between Russia and the Mediterranean Sea, the Near East, Africa, South Asia, ...
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NUTEP
NUTEP container terminal is a container terminal at the Novorossiysk Sea Port for ro/ro, container and general cargo. It was built in 2002—2004 as a subsidiary of Russian stevedoring holding DeloPorts. History The container terminal was constructed and put into operation between 2002—2004 on the premises of NUTEP (Novorossiysk freight forwarder, lit. ‘Novorossiyskoe Uzlovoe Transportno-Expeditsionnoe Predpriyatie’) in the Port of Novorossiysk (NSP) under the management of National Container Company (NCC). In 2010 Sergey Shishkarev's Delo Group has acquired half of the NUTEP shares. In 2011 NCC sold their half of the NUTEP shares to Delo Group for 115 million roubles. At that moment NUTEP was the only terminal in NSP, which was not a subsidiary of Novorossiysk Commercial Sea Port (NCSP). In 2015 NUTEP and other stevedore assets of Delo in Novorossiysk (KSK grain terminal and TOS bunkering company) merged into united holding DeloPorts. Infrastructure and Facilities ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Panamax
Panamax and New Panamax (or Neopanamax) are terms for the size limits for ships travelling through the Panama Canal. The limits and requirements are published by the Panama Canal Authority (ACP) in a publication titled "Vessel Requirements". These requirements also describe topics like exceptional dry seasonal limits, propulsion, communications, and detailed ship design. The allowable size is limited by the width and length of the available lock chambers, by the depth of water in the canal, and by the height of the Bridge of the Americas since that bridge's construction. These dimensions give clear parameters for ships destined to traverse the Panama Canal and have influenced the design of cargo ships, naval vessels, and passenger ships. Panamax specifications have been in effect since the opening of the canal in 1914. In 2009, the ACP published the New Panamax specification which came into effect when the canal's third set of locks, larger than the original two, opened on ...
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Ports And Harbours Of The Black Sea
A port is a maritime facility comprising one or more wharves or loading areas, where ships load and discharge cargo and passengers. Although usually situated on a sea coast or estuary, ports can also be found far inland, such as Hamburg, Manchester and Duluth; these access the sea via rivers or canals. Because of their roles as ports of entry for immigrants as well as soldiers in wartime, many port cities have experienced dramatic multi-ethnic and multicultural changes throughout their histories. Ports are extremely important to the global economy; 70% of global merchandise trade by value passes through a port. For this reason, ports are also often densely populated settlements that provide the labor for processing and handling goods and related services for the ports. Today by far the greatest growth in port development is in Asia, the continent with some of the world's largest and busiest ports, such as Singapore and the Chinese ports of Shanghai and Ningbo-Zhou ...
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Ports And Harbours Of Russia
A port is a maritime facility comprising one or more wharves or loading areas, where ships load and discharge cargo and passengers. Although usually situated on a sea coast or estuary, ports can also be found far inland, such as Hamburg, Manchester and Duluth; these access the sea via rivers or canals. Because of their roles as ports of entry for immigrants as well as soldiers in wartime, many port cities have experienced dramatic multi-ethnic and multicultural changes throughout their histories. Ports are extremely important to the global economy; 70% of global merchandise trade by value passes through a port. For this reason, ports are also often densely populated settlements that provide the labor for processing and handling goods and related services for the ports. Today by far the greatest growth in port development is in Asia, the continent with some of the world's largest and busiest ports, such as Singapore and the Chinese ports of Shanghai and Ningbo-Zhou ...
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Fitch Ratings
Fitch Ratings Inc. is an American credit rating agency and is one of the " Big Three credit rating agencies", the other two being Moody's and Standard & Poor's. It is one of the three nationally recognized statistical rating organizations (NRSRO) designated by the U.S. Securities and Exchange Commission in 1975.551 History Fitch Ratings is dual headquartered in New York and London. Hearst owns 100 percent of the company following its acquisition of an additional 20 percent for $2.8 billion on April 12, 2018. Hearst had owned 80 percent of the company after increasing its ownership stake by 30 percent on December 12, 2014, in a transaction valued at $1.965 billion. Hearst's previous equity interest was 50 percent following expansions on an original acquisition in 2006. Hearst had jointly owned Fitch with FIMALAC SA, which held 20 percent of the company until the 2018 transaction. Fitch Ratings and Fitch Solutions are part of the Fitch Group. The firm was founded by John Know ...
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Standard & Poor's
S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is considered the largest of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings. Its head office is located on 55 Water Street in Lower Manhattan, New York City. History The company traces its history back to 1860, with the publication by Henry Varnum Poor of ''History of Railroads and Canals in the United States''. This book compiled comprehensive information about the financial and operational state of U.S. railroad companies. In 1868, Henry Varnum Poor established H.V. and H.W. Poor Co. with his son, Henry William Poor, and published two annually updated hardback guidebooks, ''Poor's Manual of the Railroads of the United States'' and ''Poor's Directory of Railway Officials''. In 1906, Lu ...
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Expert RA
Expert RA is Russia’s oldest credit rating agency and also the largest one in terms of both customers and headcount. Expert RA has been assigning credit ratings for 20 years. Expert RA is on the list of authorized rating institutions, meaning that its credit ratings are applicable for regulatory purposes to banks, insurers, pension funds, and debt issuers. History * 1998 - Expert RA creates its Analytics & Communications Business line * 2010 - Expert RA accredited by Russia’s Ministry of Finance * 2014 - Expert RA set up International Group RAEX holding in order to develop its business abroad. * 2016 - Central Bank of Russia has included Expert RA in the list of accredited credit agencies * 2017 - Change of the rating scale, 19 gradations introduce in the rating system * 2018 - Expert RA signs a strategic partnership memorandum with China Chengxin Credit Rating Group (CCXI). * 2019 - Establishing Expert Business-Solutions, a company intended to support non-rating analytica ...
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EBITDA
A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced , , or ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base. It is derived by subtracting from revenues all costs of the operating business (e.g. wages, costs of raw materials, services ...) but not decline in asset value, cost of borrowing, lease expenses, and obligations to governments. Though often shown on an income statement, it is not considered part of the Generally Accepted Accounting Principles (GAAP) by the SEC and the SEC hence requires that companies registering securities with it (and when filing its periodic reports) reconcile EBITDA to net income. Usage and criticism EBITDA is widely used when assessing the performance of a company. EBITDA is useful to assess the underlying profitability of the operating businesses ...
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