News

2017 August 9 16:12

Coal throughput at Vostochny Port climbs 1% to 13.6 million tonnes

Coal exports through Vostochny Port, the largest in Russia dedicated coal port (part of Port Management Company), in the period of January-July 2017 reached 13.6 million tonnes, a 1% gain (+410,000 tonnes) on the same seven-month period 2016. The 14-millonth milestone was passed on August 5, the stevedoring company said.

In July, Vostochny Port exported nearly 2 million tonnes of the commodity and handled 47 dry bulk carriers.

Since January 314 bulk carriers of different capacity were loaded at the berths of Vostochny Port, 4.3% more than in the same period last year. Between January and July the terminal handled seven Capesize vessels of more than 100,000 DWT, the Star Pauline being the largest of them. The vessel was loaded with 149,100 tonnes of premium-quality coal exported to South Korea.

In the seven-month period Vostochny Port unloaded 185,500 rail cars, 26,000 cars handled in July. On July 8, the terminal set a record handling 1,088 coal laden rail cars a day shift.

Vgrangel, Primorsky Krai based Vostochny Port JSC 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 2016 coal throughput at the terminal reached 23.5 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.

Since the port construction completion 390 million tonnes of coal have been exported through the facility and 6.6 million rail cars have been handled, 28,000 vessels have been received at the port berths. Over the past ten years, JSC Vostochny Port has shipped more than 200 million tonnes of coal, an all-time record among all Russian coal ports.

Vostochny Port JSC 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 JSC LLC is implementing an ambitious coal terminal’s Phase 3 investment project, including the construction of the federal railway infrastructure. New terminal facilities are scheduled for commissioning in 2017 and this will enable the enterprise to increase the port's capacity to 39 million tonnes in 2019. Long-term coal supply to Vostochny Port is secured by coal volumes delivered from Kuzbass and other coal mines of Russia. The powers of the sole executive body of Vostochny Port JSC are exercised by Port Management Company LLC.

Port Management Company LLC 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).Total coal throughput by the 2016 year-end results of the holding's stevedoring companies reached 41.5 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.

The PMC LLC was founded in 2008. Since then coal volumes handled at Vostochny Port leaped by more than 60%, and in 2016 totaled 23.5 million tonnes. Between 2010 and 2017, the PMC Holding implemented a program of production optimization, handling equipment modernization and upgrade.

In 2016, another stevedoring company JSC Rosterminalugol became member of the PMC Holding. Following the 2016 year-end results coal volumes at Rosterminalugol terminal reached a record high of 18.1 million tonnes.