10 Aug 2010 19:22

TransContainer in negotiations with Kazakhstan to lower transit tariffs

MOSCOW. Aug 10 (Interfax) - OJSC Russian Railways' (RZD) subsidiary OJSC Transcontainer is working out a plan for lowering transit tariffs for hauling containers through Kazakhstan between the Lokot and Kulunda stations in the Altai Territory of Russia and Sary-Agach, TransContainer told Interfax.

The proposal was discussed on August 5 and 6 in Almaty during the latest meeting of the Russo-Kazakhstan Intergovernmental Sub-committee on Transport.

In order to organize transit operations between Central Asian countries and the Asia-Pacific Region through Russia's Far Eastern ports, the operator hopes to introduce a tariff ratio of 0.72 instead of 0.88, the company said.

In addition, TransContainer said that in order to have the necessary number of railcars for freight transport in Kazakhstan, the company has again brought up the introduction of a 0.6 rate for transit of fitting platforms.

In addition, the Russian company has requested that an RZD proposal to change the formula for tariffs and their allocation on railcars "in order to create varying tariff terms for all railcar owners." These proposals were discussed at a meeting of experts on developing CIS tariff policy in 2011, which was held in Odesa on May 25-27.

It was earlier reported that TransContainer would acquire a share packet in Kazakhstan's terminal operator Kedentransservis (KTS).

TransContainer operates with heavy containers and fitted platforms to carry them. RZD owns 85% of its shares. The European Bank for Reconstruction and Development (EBRD) holds 9.25% of TransContainer shares, Moore Capital Management LLC and GLG Emerging Markets Fund - 2.5% and Troika Dialog Investments Ltd - 0.75%.

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