The London-listed Russian operator blamed adrop in volumes at its oil products terminal for a 7.6% fall in profit to $114.1min 2013 from a year earlier.  

Excluding the $300m acquisition of Russian rival NCC last year, sales fell by 4.4% to $480m from the total in 2012.

Global Ports is 30.75% owned by AP MollerMaersk offshoot APM Terminals and operates five container terminals in Russia andtwo in Finland.