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2015 March 16   15:22

Container throughput of Global Ports’ terminals down 4.3% to 2.65 mln TEUs in 2014

In 2014, container throughput of Global Ports’ terminals fell by 4.3%, year-on-year, to 2.655 mln TEUs, the Group’s full year report says. In particular, container throughput of Petrolesport (Big Port St. Petersburg) fell by 7.5% to 658,000 TEUs, First Container Terminal (Big Port St. Petersburg) – fell by 13.2% to 941,000 TEUs, Ust-Luga Container Terminal (Ust-Luga) – surged by 68% to 104,000 TEUs, Vostochnaya Stevedoring Company (port Vostochny) – remained almost flat at 475,000 TEUs, Moby Dik (Big Port St. Petersburg) – climbed by 3.8% to 228,000 TEUs, container terminals in Finland – climbed by 12% to 251,000 TEUs.

The Group’s revenue decreased by 4.5%, year-on-year, to $562.4 mln.

Operating profit climbed by 4.7% to $278.6 mln.

Full version of the report is available at the website of IAA PortNews >>>>

Global Ports Investments PLC is the leading operator of container terminals in the Russian market.

Global Ports’ terminals are located in the Baltic and Far East Basins, key regions for foreign trade cargo flows. Global Ports operates five container terminals in Russia (Petrolesport, First Container Terminal, Ust-Luga Container Terminal and Moby Dik in the Russian Baltics, and Vostochnaya Stevedoring Company in the Russian Far East) and two container terminals in Finland3 (Multi-Link Terminals Helsinki and Multi-Link Terminals Kotka). Global Ports also owns inland container terminals Yanino Logistics Park and Logistika-Terminal, both located in the vicinity of St. Petersburg, and has a 50% stake in the major oil product terminal AS Vopak E.O.S. in Estonia.

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