Taganrog Commercial Sea Port sees 39% cargo volume dip to 231,000 tonnes in Q1 2016
Volume of export, import and transit cargo handled at the terminals of JSC Taganrog Commercial Sea Port (TagCSP) in January-March 2016 plummeted by 39% year-on-year to 231,000 tonnes, TagCSP press service reported.
The stevedoring company attributed the decline to a decrease in ferrous metals and coal exports due to low demand in Turkey, the main importer of this cargo.
In the reporting period the terminal operator saw a record 90-percent slump in general cargo volume, primarily ferrous metals, to 10,000 tonnes.
There was also a downward trend in volumes of suction / grab cargo, which shrank by 37% to 129,000 tonnes. Coal exports decreased by 28% to 105,000 tonnes, grain shipments dropped by 65% to 17 tonnes. Ore volume fell 22% to 7,000 tonnes.
At the same time export of oil cargo increased by 16% to 82,000 tonnes.
Container throughput in the reporting period remained flat on Q1 2015 figures, at 1,000 TEUs. In tonnage the containerized cargo volume increased by 64% to 9,064 tonnes.
In the three-month period TagCSP handled 141,000 tonnes of export cargo (accounts for 61% of total throughput) and 7,000 tonnes of import cargo (3%). Coastal traffic (36%) volume was 83,000 tonnes. In the first quarter the stevedore company handled at its terminals 3,291 rail cars and 62 vessels.
Taganrog Commercial Sea Port (part of UCL Port, a stevedoring division of UCL Holding) is the key terminal operator in the Port of Tagangor. The stevedoring company handles freight at Berths NoNo 1-5 and 7. In 2015 the company handled about 1,5 million tonnes of cargo.