News

2019 January 11 10:48

Vostochny Port handled 24.2 million tonnes of export coal in 2018, up 4.3% Y-o-Y

AO Vostochny Port, operator of Russia’s largest dedicated coal port (run by Port Management Company, PMC LLC) says it handled 24.2 million tonnes of export coal in 2018, up 4.3%, year-on-year

In 2018, Vostochny Port unloaded more than 325,000 open-top railcars with innovative railcars (railcars of increased capacity) accounting for 76% (up 15 percent points). As compared with 317,500 open-top railcars handled in 2017 this result grew by 2.4%. In December 2018 the company handled 27,200 open-top railcars.

In the reporting period, the company loaded 565 dry bulk cargo carriers of different capacity including 235 Panamax ships (42%) and 67 Capesize ships (12%). In 2017  the company handled 57 Capesize ships (11%).

The largest ship handled by Vostochny Port was FPMC B Harmony (deadweight - 180,200, length - 295 m) with a shipload of 143,000 tonnes.

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 (32%).

Vgrangel, Primorsky Krai 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 2018 coal throughput at the terminal reached 24.2 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. Phase 3 of AO Vostochny Port’s coal terminal is the largest investment project in the port segment of the Far East. It is being implemented through public private partnership without involving state financing. When the facilities of Phase 3 are put into operation, throughput of AO Vostochny Port will increase to 40-45 million tonnes of coal. The coal will be delivered from Kuzbass, Khakassia, Yakutia and other coal fields of Russia.

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 2018, total coal throughput of the holding's stevedoring companies reached 44.1 million tonnes, which is more than one third of all seaborne coal exports from Russia. The commodity is exported to Europe, Africa, Middle East, Latin America and the Asia-Pacific region. By 2019, according to PMC' estimates the total annual coal throughput across marine coal terminals will increase to 70 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.