Maersk finally sold logistics assets in russia
20.02.2023 - 11:25
AP Moller-Maersk (Maersk) has entered into an agreement to sell its logistics sites in St. Petersburg and Novorossiysk to IG Finance Development Limited.
Maersk’s sale of two sites is a consequence of the company’s decision to cease operations in russia in March 2022, the company notes.
The internal warehouse in Novorossiysk is a facility with an area of 28,750 square meters. m with a capacity of 1,500 TEU containers and specializes in handling commercial cargo such as grain from rail cars to sea containers. A warehouse of chilled and frozen products in St. Petersburg with an area of 23,500 square meters. m opened in 2020.
As no further approvals are required, the sale is complete, it said, taking effect on February 17, 2023.
