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2011 October 17   09:42

North-Western Shipping’s traffic volume flat in Jan-Sept

In January-September 2011 OJSC North-Western Shipping Company (NWSC) carried 4.4 million tons of different cargoes, the volume on a par with last year’s numbers, the shipping company said Monday.

In the reporting period, the volume of grain cargoes,  non-ferrous metals and metal products soared by 51 percent year-on-year, to 1.1 million tons, and to 172,000 tons, respectively. Transportation of construction materials grew by 29 percent to 208,000 tons, of fertilizers - to 737,000 tons (+20%).

The volume of export shipments remained at the level of 2010 (more than 2 million tons). H1, 2011 export volume decline was compensated by increased exports of grain, non-ferrous metals and metal products, the report says.

The volume of inbound cargoes hauled by NWSCo in Jan-Sept. rose by 32% to 609,000 tons. The volume of foreign-to-foreign trades remained at the level of 2010, 1.7 million tons.

North-Western Shipping Company (part of VBTH), is a majority owned shipping asset of UCL Holding. The Dutch-registered Universal Cargo Logistics Holding (UCL Holding) is an international transportation Group comprising stevedoring companies of Sea Port of Saint-Petersburg and U-L Universal Transshipment Complex, Tuapse and Taganrog ports, Volga Shipping, NWSC and Western Shipping company, a number of shipbuilding, shipping and logistics assets.

The company operates a fleet of 135 vessels with total deadweight of about 450,000 tons, including 110 ‘river-sea’ ships, 6 barges, 12 tugboats and 7 auxiliary ships.  NWSC’s annual shipping volume reaches about 6 million tons.

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