Coal exports via Port Vysotsky terminals rose 11% in Jan-Oct, to 4.5 million tonnes

Shipments of coal from the terminals of Port Vysotsky LLC in the period of January-October 2014 increased by 11% compared with the same period last year and totaled 4.5 million tonnes of thermal coal, the port operator said in a press release.

In October, the stevedoring company handled 464,800 tonnes of export coal.

Port of Vysotsk is located in the Leningrad region of Russia. There are two stevedoring company operating at the port: Port Vysotsky LLC and RPK-Vysotsk-LUKOIL-II LLC. In May 2012, the Russian government decided to expand the Vysotsk port territory, including in its boundaries the land and adjacent waters occupied by facilities of a general cargo terminal under construction. The terminal capacity is projected to reach 3 million tonnes a year. In 2013 coal exports through "Port Vysotsky" jumped 48.8% year-on-year to 4.9 million tonnes. The port operator specializes in handling of Russian coal exported primarily to Western Europe. The depth of access channel and water area is 12.7 meters, width - 200 meters. As from August 2013 the operator is able to receive and load Panamax bulk cargo carriers.