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2010 September 16   07:27

Throughput of Port Ust-Luga in Jan-Aug is up 18.8% to 7.4m tons

Freight traffic at the port of Ust-Luga increased in the January-August by 18.8% compared with same period last year, to 7,400,900 tons, the Big Port of St. Petersburg Authority’s statistics said.
 
The largest eight-month volume was demonstrated in the bulk cargo segment – 6,229,100 tons, a 22.87-percent rise from the same period last year. The volume of handled coal and coke reached 5.5 million tons, including 649,500 tons in August.

Port of Ust-Luga is located on Russia’s border with the EU. Its 16-m deep harborage and a 3.7-km-long approach canal make Ust-Luga the only Russian port on the Baltic Sea capable to accommodate 75,000dwt bulkers and 120,000dwt tankers. In 2009 the Ust Luga port handled 10.3 million tons of cargoes and 1.031 ships (517 inbound and 514 outbound). The boundaries of Ust-Luga port were established by the Russ. Govt. decree on May 20, 2009.

The ongoing construction of the port is implemented under the Federal Program Modernization of Russia’s transport system financed through the public-private investment fund. The owner and developer of the port project is Ust-Luga Joint Stock Company.

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