2018 January 12 12:14

Commercial Port of Vladivostok throughput up 33% Y-o-Y to a record high of 7.5 mln t in 2017

Commercial Port of Vladivostok (CPV, part of FESCO Transportation Group) says its throughput in 2017 grew by 33%, year-on-year, having reached a record high 7.5 mln t.

The stevedoring company says it is “an absolute record over 120 years of operation”.

Container throughput of the port in 2017 surged by 42%, year-on-year, to 467,940 TEUs, transshipment of general cargo  - by 43% to 2.99 mln t, automobiles and special equipment – by 52% to 37,800 t.

Zairbek Yusupov, Director General of CPV comments: “Having evaluated record high results of the 11-month period of 2017 and taking into consideration the forecasts for December we expected the annual throughput of 7.2 mln t but the team of CPV managed to exceed the expectations and reach a level of 7.5 mln t. The record was hit owing to a package of management decisions implementation of which began in 2016 including modernization of infrastructure and reduction of time of all port operations. Besides, we managed to build an active, young, efficient and result-oriented team which successfully meets its challenges.

In 2017, CPV expanded the capacity of its warehouses, purchased 24 units of handling equipment, increased the capacity of grain storage facilities and reduced average time which containers spend at the port.

Besides, CPV increased the number of regular railway services handled at the port having launched the deliveries to Krasnoyarsk and Yekaterinburg and increased the number of deliveries to Moscow. The number of sea lines serviced at the port was also increased including a new line of MCC Transport Singapore Pte Ltd (part of MAERSK Group) which links the ports of Djakarta, Surabaja, Hong Kong, Shenzhen, Ningbo, Shanghai, Gwanyang, Busan and Vladivostok.

In 2018, Commercial Port of Vladivostok is going to continue modernization of its port infrastructure, arrange providing a full range of customs services at the port, 24 hours per day, 7 days per week as well as to decrease the time spent by cargoes at the port to 1–2 days.

PAO Commercial Port of Vladivostok  (part of FESCO Transportation Group) is one of the largest stevedoring companies in the Russian Far East. The Company offers services on transshipment of container/general/bulk/Rо-Rо cargoes. Annual throughput capacity of the port is 3.9 million tons of general cargo and oil products, 150,000 vehicles and over 600 thousand TEU of containers. Commercial Port of Vladivostok operates 15 berths with a total exceeding 4 km.