Container shipping giant Maersk to sell Russian business at "market price
The world leader in container shipping Maersk has agreed to sell its 30.75% share in the port operator Global Ports.
The new owner will be Delo group, in which 49% belong to Rosatom and 51% to the founder Sergey Shishkaryov. After the deal, Delo's stake in Global Ports will double to 61.5%.
The agreement was made on "market conditions" but the amount was not disclosed. As of August 29, the capitalization of Global Ports on the London Stock Exchange is about $73.18 million.
Maersk operated container transportations in St. Petersburg, Kaliningrad, Novorossiysk and Vladivostok. After the deal the company will not own any assets in Russia, but "may in the future return to a joint business with the group. Global Ports operates five terminals in Russia and two in Finland.
