Freight volume carried by Volga Shipping in 9 months soars 26% to 5.4 million tonnes

Waterborne transportation by the fleet of Nizhny Novgorod, Russia based Volga Shipping Company (JSC Volga-Fleet, member of UCL Holding) between January and September 2017 rose by 26% on the same nine-month period a year beforeto 5.4 million tonnes, the press service of the shipping company.

The volumes carried in the reporting period by Volga Shipping include primarily export cargo (accounts for 59% of total waterborne freight) – 3.2 million tonnes, while inland waterborne traffic volume rose 41% to 2.2 million tonnes.

Types of freight: the main cargoes were grain, sulfur and crushed stone. Provisional figures for the three quarters period show the company’s vessels moved about 4 million tonnes of the above mentioned cargoes.

Volga Shipping Company JSC, one of the largest shipping companies in Russia, was founded in 1843. It performs cargo transportation along the rivers and lakes of the country. In 2016, the company transported 5.2 million tonnes. The company branches, including the Bor and the Volzhsky fleet maintenance bases, as well as shipyards - Borremflot JSC, Pamyat’ Parizhskoy Communy JSC and Voznesenye Fleet Repair and Operation Base JSC are the Volga Shipping ship repair areas. The Company is a part of VBTH – shipping division of Universal Cargo Logistics Holding, international transportation group consolidating a number of Russian railway, stevedoring and logistic companies (the majority stakeholder of VBTH). The division comprises North Western Shipping Company, V.F.Tanker, a number of shipbuilding and cruise assets.