Port News & Information Mediterranean, Black & Caspian Seas

Delo secures full control over Novorossiysk KSK grain terminal

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Novorossiysk, Russia (Ports Europe) February 10, 2024 – Russia’s Delo Group has closed the deal agreed in September 2023 to buy the last remaining stake of 25% plus one share of KSK grain terminal in the Black Sea port of Novorossiysk from agro-giant Cargill. Following the imposition of Western sanctions against Moscow, U.S.-headquartered Cargill decided to…

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