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2011 April 7   08:01

CPV posts for Q1 a 18.5% drop to 1.4 million tons

Cargo throughput of JSC Commercial Seaport of Vladivostok (CPV) in the first quarter of 2011 shrank by 18.5% compared to January-March 2010, to 1,445,000 tons, the company’s press service reported.

According to CPV General Director Vyacheslav Pertsev, the dynamics are due to projected volatility in the market of Southeast Asia, a decline in coke and metals demand.

In Jan-Mar, 2011 the stevedore company handled 613,900 tons of outbound cargo, 489,300 tons of inbound goods and 341,700 tons of short sea trade. Amid falling exports in total cargo volume imports surged by 90.5%, the CPV report says. Container throughput rose as much as 41.4% to 96,523 TEUs, including exports – 37,692 TEUs, imports - 33 972 thousand TEUs, and coastal traffic – 24,859 TEUs.

In March Vladivostok port handled 432,000 tons of cargo. Of these, exports totaled 152,900 tons, imports – 164,400 tons, short sea trade – 114,700 tons. The monthly volume of handled containers reached 33,194 TEUs: exported containers – 14,079 TEUs, imported ones – 11,959 TEUs, of short sea container traffic - 7,156 TEUs.
 
Commercial Seaport of Vladivostok OJSC, part of FESCO Transport Group, owns and operates its assets at the port of Vladivostok, one of the largest Russian seaports in the Far East. Port of Vladivostok encompasses 55 ha, over 14 km of waterfront with 17 berths, including terminals for handling grain, containers, imported cars and a passenger terminal. In 2010, CPV’s cargo throughput rose year-over-year by 11% to 6,9 million tons.

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