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2009 April 8   14:41

Throughput of Sea Port of Saint Petersburg down 18% to 2 mln t in Q1 09

In the first quarter of 2009, stevedoring companies of Sea Port of Saint Petersburg handled 2 million tonnes of cargo (-18%, year-on-year), the Group’s direction on the port’s foreign and domestic links reports.

According to the source, First Stevedoring Company handled 0.8 million tonnes of cargo (-27%), Second Stevedoring Company – 0.4 million tonnes (similar to the result of the previous year), Forth Stevedoring Company – 0.7 million tonnes (-15%). 

Automobile terminal of Third Stevedoring Company had no handling operations in the first quarter of 2009. In
 
“The decrease of the Group’s throughput should be attributed to a declining business activity of consignors in the context of the global economic crisis. Amidst the current situation, handling of import cargo at the group’s berths fell by 40%, export cargo flow fell by 12 %,” the Group’s statement reads.

Import of general cargo reduced by almost a half. In particular, transshipment of metal fell by 38%, packaged cargo – by 44%. Import of loose and dry bulk cargo fell by 30%. 

As for export, positive dynamics was demonstrated in the segment of steel, non-ferrous metal and coal handling (+51%, +8% and +7% respectively).  

Sea Port of St. Petersburg (Group of Companies) includes First Stevedoring Company CJSC, Second Stevedoring Company CJSC, Third Stevedoring Company, Forth Stevedoring Company CJSC, Multipurpose Transshipment Complex in Ust-Luga and a number of service companies. February 2009, Sea Port of Saint Petersburg signed a contract with a new logistics operator on handling automobiles starting from QII of the current year.  

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