OREANDA-NEWS. May 25, 2010. Stockholders of Murmansk Commercial Sea Port (MCSP OJSC) at their annual general meeting on May 21 decided to adopt the annual report, annual accounts, approved the dividend volume, the MCSP press service said.

The Company’s Board will pay out 2,700.86 rubles per a preferred stock (A) and 900.24 rubles per a common stock in cash. The dividend will be paid during Q4, 2010 via BarentsBank CJSC, Russia Sberbank (JSC).

Victor Morozov has been reportedly reelected the Company’s CEO for a new term. Murmansk stockholders elected the Board of Directors and the Audit Commission and approved by the auditor of the Company Practice-Audit Ltd.
 
Murmansk seaport was founded in 1994 and is rated currently the forth largest Russian port by volume of handled cargo. The company operates 17 berths with total length of about 3,000 meters. The berths length and depth allow docking of vessels of up to 15,5 m draft and a length of more than 265,000 m. Last year’s throughput of MCSP exceeded 15.1 million tons. Specialized Project Investments BV (Netherlands} holds 46.63% of common stock in the Company. The Russ. Govt. owns a 34% stake.