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2010 April 28   08:15

Russian ports to see a 3-7% gain in container trade this year

Container volumes at Russian ports may rise by 3-7% this year over 2009’s numbers, PortNews IAA reports quoting Sergey Semenov, Director of Business Development of MorStroyTehnologiya, who was speaking at TransRussia-2010 Expo.

The global economic crisis, Mr. Semenov said, had dramatically hit the overseas container traffics and led to a year-over-year 40-percent slump in profitability of major sea container lines. The total loss of seaborne cargo carriers had reached $20 billion. The overall decline in the tonnage of the fleet in 2009 amounted to 520,000 TEUs. Mr. Semenov said that in 2009 the companies removed from service ships of total capacity of 1,209,000 TEUs, 380,000 TEUs scrapped, added to the fleet 1,070,000 TEUs. The speaker noted that in 2009 Asia – Europe services suffered a 24-percent decline from a year earlier, while Asia - the U.S. service dropped by 25%.

Sergei Semenov believes the significant growth trend in container volumes seen in Q1, 10 may slow down and the increase rate will settle at 3-7%.

Earlier, PortNews IAA has reported, citing ASSOP’s statistics, that container trade at Russian ports in the first quarter of this year had gained 39.5% (in tons). Container throughput at the Big Port of St. Petersburg in Jan.-Mar.,2010 reached 394,206 TEUs, showing 39.7% up over the same period in 2009, but 12.2% lower against figures in Q1, 2008

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