PJSC Fleet of NCSP is continuously modernizing its tug and towing fleet. In recent years the company has acquired nine new tugboats that were
built at Spanish shipyards taking into account the marine and weather conditions in Tsemes (Novorossiysk) Bay.
NCSP Group signed a contract in 2009 to buy new ocean tugs that had already been built or were in the final stages of construction as
part of the strategy to continue growing its tug and towing business. NCSP Group will spend up to 25 million Euros of its own funds on this
acquisition. PJSC Fleet of NCSP set up the subsidiary Longbranch Shipping Enterprises Ltd in Cyprus specifically for this purchase. PJSC Fleet of NCSP owns 80% of the new company.