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2009 July 21   13:45

Cargo turnover of TransContainer down almost 12% to 628,000 TEU in H1 09

In the first half of 2009, TransContainer OJSC carried 628,000 TEU (-11.7%, year-on-year). Handling of containers at the company’s terminals amounted to 681,000 TEU. In general, transshipment of railway containers fell by 21% in Russia, the company reports.

In the second quarter of 2009, transportation by TransContainer own rolling stock increased to 328,000 TEU against 300,000 TEU in the first quarter of 2009.

TransContainer operates as a subsidiary of Russian Railways OJSC from July 2006. The company’s fleet of rolling stock numbers 60,000 large-capacity containers and 23,000 fitting platforms. Russian Railways controls 85% of the company’s shares, EBRD – 9.25%, investment funds Moore Capital Management LLC and GLG Emerging Markets Fund – 2.5% each, Troika Dialog Investments Limited – 0.75%.

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