8 Sep '08
First half 2008 results released by Novorossiysk logistics operator IPP show net profit increased to just over $13m, up five times on the same period last year.
The firm specializes in the handling and storage of petroleum products and chemical goods.
The loading is carried out on two specialized berths to handle tankers with a deadweight of up to 47 thousand tons and a length to 210 m.
IPP is part of logistics terminals giant NCSP (Novorossiysk Commercial Sea Port).