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In January-March 2015, Russian Railways loaded 292.1 mln t of cargo (-0.6%, year-on-year), the company’s press center says.

In the reported period, Russian Railways loaded 80.3 mln t of coal (+4%, y-o-y);  2.8 mln t of coke (-2.8%); 65.9 mln t of crude and oil products (-0.5%); 26.6 mln t of iron and manganese ore (+0.7%); 18.7 mln t of ferrous metal (+7%); 3 mln t of ferrous metal scrap (+11.6%); 12.9 mln t of chemical and mineral fertilizers  (-1%); 5.3 mln t of cement (-9.1%); 10.1 mln t of timber (+2.4%); 4.6 mln t of grain (+29.8%); 23.9 mln t of construction materials (-22.1%); 4.8 mln t of  non-ferrous ore and raw sulphur (+3.9%); 6.5 mln t of chemicals and soda (-2.6%); 7.2 mln t of industrial raw materials and molding materials (-1%).

In the reported period, the company’s cargo turnover totaled 562.8 bln tarrif t-km (+0.2%). Cargo turnover including empty wagon run – 724.6 bln tarrif t-km (- 0.2%).

In March 2015, Russian Railways loaded 103 mln t (-1.3%, year-on-year). The company’s cargo turnover climbed by 0.6% to 199.8 bln tarrif t-km. Cargo turnover including empty wagon run  climbed by 0.7% to 257.3 bln t-km.

Sourse: http://portnews.ru/news/197347/

In January-February 2015, transshipment of dry bulk cargo totaled 1,203,500 t (+17%, year-on-year) including 1,066,500 t of mineral fertilizers (+17%), Baltic Sea Ports Authority says.
Transshipment of general cargo fell by 10% to 1,837,500 t including 751,500 t of ferrous metal (-4%).  The port’s container throughput dropped by 28.8% to 273,293 TEUs (or by 15% to 3,141,400 t). In the two-month period, the port handled 1,715,100 t of liquid bulk cargo (-2%) including 1,709,700 t of oil products (-2%). Transshipment of cargoes carried by ferries plunged by 44% to 41,100 t.

Transshipment of loose dry cargo fell by 56% to 9,000 t, timber – climbed 2.1 times to 73,600 t.

Source: http://portnews.ru/news/196729/

In January-February 2015, port Ust-Luga handled 13,454,000 t of cargo (+24%, year-on-year), Baltic Sea Ports Authority says.

In the reported period, transshipment of dry bulk cargo totaled climbed by 22% to 3,548,400 t including 3,172,300 t of coal and coke (+25%). Transshipment of liquid bulk cargo climbed by 24% to 9,337,000 t including 4,499,600 t of crude (+27%), 4,666,800 t of oil products (+23%) and 170,600 t of liquefied gas (-15%). Transshipment of cargoes carried by ferries totaled 300,000 t (+47%). The port’s container throughput fell by 11.8% to 15,098 TEUs (or by 5% to 121,300 t).

Source: http://portnews.ru/news/196730/

COSCO International Holdings Limited announced the audited consolidated results of the Company and its subsidiaries (collectively the “Group”) for the year ended 31st December 2014, the company said in its press release.

In 2014, driven by the accelerated adjustment of fleet structure by the shipowners, the demand for relevant shipping services increased. Except for drop in revenue from marine fuel and other products which constitutes higher percentage in the Group’s total revenue, all other shipping services segments recorded revenue growth of varying degrees. In 2014, the Group’s revenue declined by 18% YOY to HK$7,588,213,000 (2013: HK$9,308,434,000), mainly due to the gradual withdrawal from relatively high risks businesses.

Gross profit for the year increased by 16% to HK$804,492,000 (2013: HK$694,265,000), while overall average gross profit margin added 3.1 percentage points to 10.6%. The increase was mainly attributable to the improvement of gross profit margins of container coatings and asphalt products, as well as the increase in commission income of ship trading agency with higher margin.

In addition, finance income during the year increased by 52% to HK$142,977,000 (2013: HK$94,155,000), as the Group successfully secured higher deposit rate from banks. Furthermore, profit contribution from the Group’s joint venture, Jotun COSCO, surged by 511% to HK$64,738,000 (2013: HK$10,600,000). All these resulted in the significant increase of COSCO International’s overall profit in 2014. Profit attributable to equity holders of the Company for the year markedly increased by 49% YOY to HK$358,970,000 (2013: HK$241,610,000). Basic earnings per share was 23.70 HK cents (2013: 15.96 HK cents). The overall results were satisfactory.

Source: http://portnews.ru/news/196767/

In 2015, container transshipment in Russian seaports is forecasted to fall by 35%, year-on-year, to 3.4 mln TEUs, IAA PortNews journalist cites Konstantin Sokolov, Director General of FESCO Transportation Group, as saying at the extended meeting of Rosmorrechflot’s Board with the reference to Goldman Sachs and JР Morgan analysis.

According to Konstantin Sokolov, January-February turnover of containers fell by 21% with the Baltic Sea ports showing the fastest fall.

Konstantin Sokolov says the container market of Russia will feel the negative impact of the sanctions, 4-pct fall of GDP, decline of consumer activity and slackening in the rate of China’s economic growth.

On the other hand, the degree of containerization is much lower in Russia as compared with other countries that will ensure the market’s structural growth in the future.

Besides, depreciation of the ruble is likely to facilitate container exports via the ports of the Far East (sawn timber, paper, coiled steel) while the eastward focus will boost trade turnover between Russia and APR countries, especially China.

Consensus forecast of macroeconomists suggests that Russian economy will gradually recover from 2016 with the imports growth which is to have a positive impact on container throughput of Russian seaports.

According to Konstantin Sokolov, container throughput of Russian seaports declined by 1.5% to 5.27 mln TEUs in 2014 including 2.29 mln TEUs in the Baltic Basin (-3.6%), 1.59 mln TEUs in the Far East Basin (+1.8%) and 750,000 TEUs in the Southern Basin (-0.3%).

Source: http://portnews.ru/news/196650/

In 2014, container throughput of Global Ports’ terminals fell by 4.3%, year-on-year, to 2.655 mln TEUs, the Group’s full year report says. In particular, container throughput of Petrolesport (Big Port St. Petersburg) fell by 7.5% to 658,000 TEUs, First Container Terminal (Big Port St. Petersburg) – fell by 13.2% to 941,000 TEUs, Ust-Luga Container Terminal (Ust-Luga) – surged by 68% to 104,000 TEUs, Vostochnaya Stevedoring Company (port Vostochny) – remained almost flat at 475,000 TEUs, Moby Dik (Big Port St. Petersburg) – climbed by 3.8% to 228,000 TEUs, container terminals in Finland – climbed by 12% to 251,000 TEUs.

The Group’s revenue decreased by 4.5%, year-on-year, to $562.4 mln.

Operating profit climbed by 4.7% to $278.6 mln.

Source: http://portnews.ru/news/196436/

Construction works are in full swing at the site of a container freight warehouse on the territory of the Marine Multipurpose Complex Bronka (MMPK Bronk) a dedicated container port under construction at Big Port St. Petersburg, the project investor & developer Fenix said.

The indoor heated warehouse of Class A comprises 10 sqm and is located on the territory of a container terminal of Port “Bronka”. The facility is intended for temporary storage of containerized goods, for consolidation / deconsolidation and picking up containers. The container frieght station will also have an area for in-depth inspection of containers.

The facility completion is scheduled for July 2015.

The Marine Multipurpose Complex Bronka (MMPK Bronka) is being built on the southern shore of the Gulf of Finland, where the Dam and the Ring Road border the territory of Lomonosov. The Bronka Complex will comprise three specialized facilities: a container terminal encompassing 107 hectares, the Ro-Ro terminal of 57 ha and a logistics center of 42 ha. Container terminal will have 1.176 m-long quay wall (including 5 berths). The length of Ro-Ro terminal’s dock line will be 630 meters (3 berths). After completion of Bronka Phase 1 its capacity will reach 1.45 million TEUs and 260,000 units of Ro-Ro cargoes. In future the MMPK Bronka expansion will help increase the facility’s container throughput to 1.9 million TEUs. Upon completion of the port’s construction and dredging to the design mark of 14,4 meters in 2015 MMPK Bronka will be able to accommodate post-Panamax containerships and the ferries of Finnstar class.
Implementation of the Bronka project is expected to generate 2,300 jobs at its marine terminals alone.

Source: http://portnews.ru/news/196168/

Handling of exports, imports and transit cargo at the terminals of Latvia based Free Port of Riga  in January-February 2015 increased by 4.7% compared to the same period last year, to 6,83 million tonnes, the Port Authority statistics said.

Coal shipments in the reporting period rose 12.9% to 2,550,500 tonnes, scrap metal volumes jumped by 49.6% to 129,100 tonnes. At the same time handling of petroleum products fell by 3.6% to 1,833,700 tonnes, of wood pellets – by 20.6% to 80,800 tonnes, handling of ore dropped by 8.3% to 45,300 tonnes.

Container traffic increased by 3% to 63,167 TEUs. The number of passengers carried to / from the port shrank by 40.6% to 61,352 people. There were no cruise passengers in January-February.

Riga, Latvia based Free Port of Riga lies on both banks of the River Daugava (Western Dvina), The port encompasses 6.348 hectares, including 13,818-meter waterfront with berths max depths of 16 meters (ship draft – 12.2 m). Transit cargoes account for 80 percent of overall freight traffic moved to / from the CIS countries. In 2014, cargo throughput at the Port of Riga totaled 41,08 million tonnes.

Source: http://portnews.ru/news/196080/

In January-February 2015, the port of Klaipeda (Lithuania) handled 5.96 mln t of cargo (+9%, year-on-year), press center of the port authority says. February throughput climbed by 2.9% to 2.95 mln t.

Transshipment of fertilizers climbed by 27.9% to 1,090,400, oil products – by 36.3% to 599,200 t, containers – down 10.7% to 394,100, ro-ro cargo – by 3.6% to 336,100 t.

Klaipeda State Seaport is the northernmost ice–free port on the Eastern coast of the Baltic Sea. It is the most important and biggest Lithuanian transport hub, connecting sea, land and railway routes from East to West. The port’s throughput (including Butinge terminal) made 33.42 mln t in 2013.

New version of the Federal Law No 257-FL “On Highways and Road Traffic” will facilitate shifting of cargo from road and rail transport to water transport, regional journalist of IAA PortNews cites Evgeny Moskvichev, head of the State Duma Transport Committee, as saying at the joint extended meeting of the Public Council under Rostov Region’s Transport Ministry.

According to Moskvichev, the amended Law is just about to appear. The new version is to ban road transportation of loose cargo exceeding 40 t. Large volumes can be transported only by heavy-weight trucks the share of which is only 2%.

The bill provides for fines of up to RUB 1 mln.

The speaker explained that the law would redirect the flow of loose cargo to railway, marine and river transport which is to have a positive impact on the state of highways.

Source http://en.portnews.ru/news/195756/