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Throughput of port Azov down 3.5% to 1.07 mln t in QI’15

Port AzovIn January-March, 2015, seaport Azov handled 1.07 mln t of cargo (-3.5%, year-on-year), Vladimir Bragin, Harbour Master of port Azov told IAA PortNews.

Transshipment of grain declined by 4.8% to 682,000, oil products – climbed by 10.4% to 212,000 t, coal – by 6.8% to 126,000 t.

In the reported period, exports fell by 16.4% to 857,000 t, imports – by 34.8% to 45,000 t. Transshipment of coastal trade cargo totaled155,000 t (no coastal trade cargo was handled in QI’14). Transit remained flat at 13,000 t.

In the first quarter of 2015, the office of Port Azov Harbour Master registered 308 incoming and 311 outgoing vessels (against 358 and 358 vessels registered in 2014).


COSCO and Yang Ming launch regular calls to Container Terminal Saint-Petersburg

CoscoIn March 2015, COSCO and Yang Ming launched regular calls to CJSC Container Terminal Saint-Petersburg within the framework of an integrated service.

The firs call was made on March 16 by 1,402-TEU container carrier Suderoog operated by Yang Ming. The ship delivered 165 TEUs to the terminal.

The second call was made on March 21 by 1,368-TEU container carrier HOOGE (COSCO).

The new weekly service with the following rotation: Hamburg – Saint-Petersburg – Kotka – Hamburg will call to the terminal on Mondays and Saturdays.

Container Terminal Saint-Petersburg (member of UCL Port, the stevedoring division of the international transportation group UCL Holding) is a modern container handling facility in the Fourth District of the Greater Port of Saint-Petersburg. In 2014 the terminal handled 387,600 TEU.

COSCO Container Lines Co., Ltd. is a global shipping company, one of top 5 container operators.

Yang Ming Marine Transport Corporation (Yang Ming) is one of the world’s leading shipping companies involved in container transportation.

Off-harbour transshipment complex TOR tested in Slavyanka

TOR SlavyankaOff-harbour transshipment complex TOR has been tested in Slavyanka, says press center of Tranzit-DV Group.

The complex was built in 2014 at the shipyard of Damen in Nantung  (China) under the order of Tranzit-DV .

As part of the tests TOR transshipped the 20-ft container onto the Zolotaya Kolyma bulker. When being tested, both vessels were moored to the fixed anchor at the off-harbour anchorage in Slavyanka Bay.

Off-harbour transshipment complex TOR is a floating crane of 1,700 DWT able to lift containers of up to 50 t to 36 meters. It technical characteristics allow handling container carriers of up to 400 meters in length with the speed of 1 container per minute.

“Thus, the technological task on implementation of loading\unloading operations at the anchorage of Slavyanka has been successfully performed for further implementation of the project on creation of a transport and logistic complex,” the statement says.

TRanzit-DV Group renders services in the markets of processing and delivery of energy resources (oil products, coal, natural gas), bunkering and shipping.


Border service bans clearance of vessels at Ust-Luga anchorage if there are surveyors onboard

Ust-Luga PortFrom April 1, 2015, Ust-Luga port’s border service under FSB of Russia has banned handling of vessels at the anchorage No 11 of port Ust-Luga if there are unauthorized persons onboard (surveyors, forwarders etc.), IAA PortNews learnt from the agency companies operating in Ust-Luga. According to the source, the companies had been informed about the new rule by Aleksei Ivontjev, head of Ust-Luga check-point.

There is no written order so far. The agency and survey companies asked by IAA PortNews say there are no legal grounds for introduction of such regulations by border services. Such a measure has been introduced for the first time since Ust-Luga port was put into operation in 2011.

Under the new rules, ‘unauthorized persons’ are practically expected to come and to leave on their own by a rented boat. The border service should be informed by ‘unauthorized persons’ about their departure by any method as “as they cannot leave the vessel together with the arrival of the state commission”, the rules say. The commission starts moving towards a vessel only when informed.

Boat rent costs about $500 per hour in Ust-Luga and it should be rented for at least 3 hours to perform the survey. Besides, an additional permit of the border services is required for a boat to approach a vessel at Ust-Luga anchorage.

So, the source says, this will entail the extension of the idle period of vessels and additional costs for ship owners.


Loading at Russian Railways network down 0.6% to 292.1 mln t in Jan-Mar’15

Russian RailwaysIn 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.


Throughput of Port Saint-Petersburg down 8% to 8,099,600 t in Jan-Feb’15

Saint-Petersburg Port 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.


Throughput of port Ust-Luga up 24% to 13,454,000 t in Jan-Feb’15

Ust-Luga PortIn 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).


COSCO International announces 2014 results

COSCOCOSCO 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.


Container Throughput of Russian Ports is Forecasted to Fall by 35% to 3.4 mln TEUs in 2015

Container throughput of Russian ports 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%).


Container Throughput of Global Ports’ Terminals Down 4.3% to 2.65 mln TEUs in 2014

Global PortsIn 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.


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