Throughput of Russia’s Far East ports forecasted to grow by 3.5% to 200 million tonnes this year

Throughput of Russia’s Far East ports is forecasted to grow by 3.5% to 200 million tonnes in 2018, IAA PortNews correspondent cites Yury Tsvetkov, Deputy Minister of Transport of the Russian Federation, as saying the Eastern Economic Forum. According to him, exports make the bulk of the throughput. In the 7-months period of 2018, exports totaled 100 million tonnes (87% of total throughput), imports – 4.2 million tonnes (3.6%), transit – 0.4 million tonnes (0.3%), short-sea traffic – 10.6 million tonnes (9.1%).

Coal accounts of almost 50% of total throughput - 54 million tonnes, oil – for 24% (28 million tonnes), oil products - 7% (9 million tonnes), containers -7% (8.3 million tonnes) liquefied gas - 6% (7 million tonnes).

In January-July, coal transshipment grew by over 4.5%, year-on-year, to 54 million tonnes.

“The production growth rates and the demand for coal in the international markets determine the necessity to develop port and railway infrastructure”, said Yury Tsvetkov.