“Delo” Group Acquired the “Sakhalin Shipping Company”

The capabilities of the shipping company will be used to develop logistics projects on the NSR

August 16, 2022

On August 15, 2022, the “Delo” Group of Companies closed a deal to acquire a controlling stake in “Sakhalin Shipping Company” OJSC (SASCO). This was reported by the press service of the Group on Tuesday. The amount of the transaction is not disclosed.

The “Sakhalin Shipping Company” is one of the largest cargo carriers in the Far East. SASCO has 13 sea vessels: container ships, bulk carriers, ferries. All vessels have an ice class, are under the technical supervision of the Russian Maritime Register of Shipping and sail under the Russian flag.

The acquisition of SASCO was carried out as part of the Group’s strategy and is aimed at creating a multimodal operator with a full-fledged own maritime component. The capabilities and competencies of SASCO will be used to develop logistics projects along the Northern Sea Route (NSR) as part of its development plan approved by the Russian government in early August 2022. The state corporation “Rosatom”, which owns 49% of the “Delo” Group, is responsible for the NSR program activities.

Given the importance of SASCO for the entire Far East region, the integration of the shipping company into the Group will take into account all factors, including the interests of employees and all residents of the region. Particular attention in this work will be paid to the organization of efficient and uninterrupted “Northern Delivery”, the report says.

“Delo” Group of Companies is the largest transport and logistics holding in Russia, managing sea container terminals in the Azov-Black Sea, Baltic and Far Eastern basins, a network of railway container terminals, a fleet of containers and fitting platforms. The Group’s stevedoring business includes the “DeloPorts” holding and the leading container terminal operator “Global Ports”. The “Ruscon” multimodal transport operator and “TransContainer”, an intermodal container operator with the largest fleet of containers and fitting platforms on the entire 1520 standard railway network, cover the transport and logistics sphere.

SASCO is one of the largest shipping companies in Russia. Its ships carry out two-thirds of all coastal shipping in Russia.

Source: https://portnews.ru/news/333968/  

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