Vostochny Port exported 16.6 million tonnes of coal in 8M’2018, up 9% Y-o-Y
AO Vostochny Port, operator of Russia’s largest dedicated coal port (run by Port Management Company, PMC LLC) says it handled 16.6 million tonnes of export coal in January-August 2018, up 9%, year-on-year (vs 15.2 million tonnes of coal handed in 8M’17). According to company, it is an absolute record achieved throughout its history.
Between January and August 2018, Vostochny Port unloaded 218,500 open-top railcars with innovative railcars (railcars of increased capacity) accounting for 59% (up 18 percent points). As compared with 210,000 open-top railcars handled in January-August 2017 this result grew by 4%. In August 2018 the company handled 28,000 open-top railcars (+14%, year-on-year).
In the reporting period, the company loaded 397 dry bulk cargo carriers of different capacity including 134 Panamax ships (34%) and 36 Capesize ships (9%). In 8M’17 the company handled 30 Capesize ships (8%).
In the reporting period, the company exported coal to S. Korea, Japan, Taiwan, India, China, Malaysia, Pakistan, Thailand, Vietnam and Singapore. Most of coal was dispatched to S. Korea (34%).
Vgrangel, Primorsky Territory based Vostochny Port is Russia's largest dedicated open access coal port using covered stations for unloading and transfer of coal, conveyor equipment, rotary car dumpers, shiploaders and the second-to-none system of multi-stage magnetic coal separation. The port handles coal mined and exported by Russian coal companies. In 2017 coal throughput at the terminal reached 23.2 million tonnes, a fifth of all coal exports from Russia's seaports and about 30% of coal transshipment in the ports of the Far Eastern Basin.
AO Vostochny Port is a free access terminal, open to all coal producers. The enterprise's main objective is the increase in coal throughput and the best quality of cargo handling services: ensuring an uninterrupted supply chain and loading the commodity to the most efficient types of vessels for the formation of new supply routes.
Vostochny Port is implementing an ambitious investment project on construction of the coal terminal’s Phase 3 including the construction of the federal railway infrastructure. Vostochny Port’s Phase 3 facilities will be put into operation in 2018 allowing for port capacity to reach 39-40 mln t in 2019. The coal will be delivered from Kuzbass and other coal fields of Russia. Vostochny Port’s Phase 3 is the largest private port investment project in the Far East of Russia. The total amount of investments of the port holding company represents more than 32 billion rubles.
In 2017, Vostochny Port fulfilled the plan for January-December having handled 23.2 million tonnes of premium quality coal. In the 12-months period Vostochny Port handled more than 317,000 gondola car and loaded 539 vessels. In October the company achieved another record with average daily handling of 67,000 tonnes. On October 16, Vostochny Port loaded 83,800 tonnes of coal to the bulk carrier FPMC B108 bound for Taiwan. It took 30 hours to load the ship. In November, Vostochny Port celebrated the 400-millionth tonne from the date of its foundation. The milestone tonne was loaded onto the MBA GIOVANNI.
A sole executive body of Vostochny Port is OOO Port Management Company. Port Management Company is Russia's major coal port holding that exercises the powers of a single executive body of largest dedicated coal ports based in the Baltic Sea region (Rosterminalugol JSC, Ust-Luga, Leningrad Region) and in the Far East (Vostochny Port JSC, Wrangel Bay, Primorsky Territory). In 2017, total coal throughput of the holding's stevedoring companies reached 48.2 million tonnes, which is more than one third of all seaborne coal exports from Russia. The commodity is exported to more than 30 countries in Europe, the Middle East and the Asia-Pacific region. By 2019, according to PMC' estimates the total annual coal throughput across marine coal terminals will increase to 56.5 million tonnes.
Port Management Company's specialised coal terminals Vostochny Port and Rosterminalugol are fitted with the cutting-edge equipment for indoor transshipment of coal. A specific feature of the holding’s activities is the search and introduction of the best technologies available to increase coal transshipment and improve environmental safety. The ports boast the world’s best equipment, unique import substitution technologies and self-engineered products.