• 2018 July 17 17:55

    TransContainer announced its operating results for the second quarter and the first half of 2018

    Public Joint Stock Company "TransContainer" announced its preliminary operating results for the second quarter and the first half of 2018. The positive operating results were mainly driven by the continuing growth of the Russian container transportation market, which, in turn, was fueled by an increase in international freight flows, as well as positive macroeconomic environment.

    Russia's container market continued to demonstrate strong performance in the second quarter of 2018. The transportation volumes in the reporting quarter were up 11.9% year-on-year to 1,060 thousand twenty-foot equivalent units (“TEU”). This was mainly driven by a 19.9% year-on-year increase in international transportation, with export and transit segments demonstrating solid growth.

    For the first half of 2018, the Russian rail container market grew by 12.1% year-on-year to 2,065 thousand TEU. In terms of segment breakdown for the six month period, domestic transportation volumes grew by 2.8% year-on-year, export transportation increased by 18.1% year-on-year, while import and transit transportation volumes grew by 19.3% and 28.5%, respectively.

    In the reporting quarter, container volumes transported by the Company’s flatcars and containers (including provision of own containers to the third-party flatcars) were up 4.8% year-on-year to 458 thousand TEU. This was mainly due to the continued growth in international transportation, which was up 13.1% year-on-year, with export and transit segments growing by 13.9% and 29.7%, respectively. Lower domestic transportation was partly due to TransContainer’s empty runs optimisation that caused a decrease in the Company’s own empty containers domestic transportation by 9.5% year-on-year. The partial reallocation of flatcar fleet in favour of international transportation was also one of the factors contributing to lower domestic transportation. This was done in order to support the fast-growing volumes on transit routes amid a shortage of the flatcar supply.

    Container volumes transported by the Company’s flatcar fleet in the second quarter of 2018 increased by 6.8% year-on-year to 434 thousand TEU from 406 thousand TEU a year earlier. The Company’s revenue-generating[1] container transportation volumes in Russia amounted to 376 thousand TEU in the second quarter of 2018, up 7.1% year-on-year.

    For the first six months of 2018, container volumes transported by the Company’s flatcar and container fleet, as described above, grew by 3.8% year-on-year to 893 thousand TEU, mainly as a result of an increase in transit and export transportation.

    Container volumes transported by the Company’s flatcar fleet in the first half of 2018 increased by 5.9% year-on-year to 848 thousand TEU from 800 thousand TEU a year earlier. The Company’s revenue-generating container transportation volumes in Russia amounted to 724 thousand TEU in the first half of 2018, up 6.3% year-on-year.

    In the second quarter of 2018, the Company’s throughput in the Russian rail container terminal network decreased by 3.1% to 322 thousand TEU, compared to 332 thousand TEU for the same period of 2017. For the first six months of 2018, the Company’s container terminal throughput was down 2.9% and amounted to 604 thousand TEU compared to 622 thousand TEU for the first half of 2017.

    The Company’s container handling lagged behind the market dynamics mainly due to the following factors the fast-growing transit volumes have limited impact on the container terminal handling and continuing growth of container freight going directly from/to the producers’ own freight yards.




2018 August 22

10:30 Maersk Line revises Export Service in India for all cargo
10:13 Bunker prices in St. Petersburg remain flat from previous week
10:09 ICTSI supports infra projects in Ecuador
09:15 Liebherr and PortNews arrange an excursion to Port of Hamburg and Liebherr facility at SMM 2018
09:08 Atlantic RoRo Carriers makes its first vessel call at The Port of Philadelphia
08:35 Maersk Line introduces digital rate distribution solution

2018 August 21

18:28 JMS-designed RV Virginia is launched, to be delivered to VIMS
18:11 UCL Ports’ Multipurpose Reloading Complex invests heavily in development
18:02 Railway to Sabetta to be built on a concession basis, regional official says
17:24 Ukrainian seaports see a 2.5% decline in Jan-Jul cargo volumes, to 73.9 million tonnes
17:12 Equinor extends contract with Prosafe for Safe Boreas
16:16 M/V RK-19 drydocking and refit begins at Delo Group’s Aleksino Port Marina Shiprepair Yard
16:12 V.Group launches project ‘Embark’ to transform crewing
15:31 Team Tankers reports Q2 net income of $4.4 million
15:11 MOL announces additional investment in PKT Logistics Group, Malaysia
14:47 Kenia Port Authority takes delivery of new 75bp tugboat Eugene
14:31 GasLog inks new charter agreements, orders LNG carrier duo
13:38 All-Russian Aquarobotech 2018 marine robotics competition kicks off in Vladivostok
13:08 Fangcun Port in China to close effective 1st October 2018
13:02 Ministry of Natural Resources offers to set up the NSR development project office
12:24 Far East ports bunker prices open the week on a bearish note
12:08 CMA CGM announces PSS from Asia, India, the Middle East and America to Nigeria
11:21 OSCE mission barred from access to the Russian flagged tanker detained in Kherson port
11:13 Wärtsilä to build Smart Technology Hub, next-generation innovation and production centre in Finland
11:08 MSC slows ships to help protect whales in U.S. waters
10:41 Baltic Dry Index adds 4 pts to 1727 points
10:28 Port of Long Beach box volume rose 11.3% in Jan-Jul to 4.64 million TEUs
10:17 Crude oil futures gain slightly to $72.23 in London and to $65.53 in New York
10:08 HELCOM publishes report on sewage port reception facilities in the Baltic Sea
09:29 Port of Los Angeles seven-month container volumes down 2.59% to 5.14 million TEUs
09:08 Port of Long Beach approves Toyota's Green Terminal makeover
08:26 Crowley successfully supports Appomattox platform tow-out in the U.S. Gulf

2018 August 20

18:26 Okskaya Sudoverf Shipyard delivers sixth serial oil barge BELMAX 6 of ROB20 design
18:06 Dan-Bunkering expands and merges with Australian company
17:36 Carbon Trust and Fistuca announce successful execution of offshore test of innovative new installation technology
17:26 Russian owners, operators stop shipping to Ukraine for fear of loosing cargo
17:09 ESL Shipping takes delivery of eco-friendly bulk carrier Haaga
17:05 Teekay LNG Partners mandates banks to arrange Fixed Income Investor Call
16:35 CMA CGM announces FAK rates from Asia to North Africa
16:05 Royal Wagenborg's m.v. Nassauborg discharges timber in Alexandria
15:30 CMA CGM announces FAK rates from Asia to the Mediterranean
15:02 Maersk and Vopak to launch 0,5% sulphur fuel bunkering facility in Rotterdam
14:48 SHI awarded contract for LNG carrier duo from Celsius Tankers
14:23 Spot market price for Russian M100 product ended last week higher at an average of RUB 18,212 / pmt
13:21 Baltic Shipyard loads heavyweight propulsion units onto the 60MW LK-60 nuclear-powered icebreaker URAL
13:11 APL's Eagle Express Service delivers X-factor in Los Angeles
12:13 Golden Ocean Group to equip its 16 Capsize vessels with scrubbers
12:10 ANL to implement Operational Cost Recovery Surcharge in Chittagong Port
11:07 Port of Vyborg volumes in first seven months rose 28% to 970,000 tonnes
10:57 Golden Ocean announces Q2 2018 results
10:17 Crude oil futures prices edge down to $71.61 in London, in New York to $64.95
10:03 Port of Everett breaks ground on $36 mln South Terminal Wharf Modernization Project
10:03 Baltic Dry Index gains to 1723 points
09:57 Chinese Blockchain Company Yuanben to protect the safety of global maritime freight data
09:36 Box traffic at busiest Chinese ports in Jan-Jul rose 4.1% to 5.36 billion tons
09:28 Port of Hong Kong seven-month box volumes drop 4.4% to 11,5 million TEUs
08:44 Kongsberg Maritime wins contracts for nine hybrid Ro-Ro vessels

2018 August 19

08:19 CMA CGM announces GRR from UAE to East Africa
08:14 Maersk Line introduces Peak Season Surcharge – Scope World to Apapa, Nigeria and Tin Can Island Port, Nigeria
08:12 CMA CGM announces GRR from India to East Africa