Throughput of Tuapse Sea Commercial Port in 1Q’2019 grew by 8% YoY to 4.2 million tonnes

Tuapse Sea Commercial Port (TSCP Group, part of UCL Holding) says its throughput in January-March 2019 totaled 4.2 million tonnes, up 8%, year-on-year.

According to the statement, the increase of total cargo throughput of 0.3 million tonnes was driven by positive dynamics in transshipment of oil cargo to 2.1 million tonnes (+0.4 million tonnes, or +24.2%) and coal to 0.77 million tonnes (+0.1 million tonnes, or 11.3%).

In the first quarter of 2019, the company handled 0.73 million tonnes of slabs (+2.6%) which partially compensated the reduction of other ferrous metal amid low demand from consignors. Total turnover of ferrous metal fell by 4.3% to 0.76 million tonnes.

Grain turnover dynamics reflected the general trend in this cargo market amid the reduction of stocks and current pricing: over the three months of the current year Tuapse Grain Terminal shipped 0.5 million tonnes of export grain (-24.4%).

In 1Q’2019, Tuapse Sea Commercial Port continued boosting transshipment of fruits and vegetables to 26,500 tonnes, which is 2.5 times as much as in the same period of the previous year.

The volume of exports, which forms the bulk of TSCP throughput, totaled 4.1 million tonnes. Transshipment of import and coastal trade cargo grew to 84,000 tonnes.

Between January and March 2019, the port handled 164 commercial ships (84 dry cargo carriers and 80 oil tankers) and 29,000 railcars.

Tuapse Sea Commercial Port (TCSP Group) is the major terminal operator at the Port of Tuapse, one of Russia’s largest ports. TCSP is part of UCL Port, a stevedoring division of international transport group UCL Holding. UCL Port comprises Sea Port St. Petersburg JSC, Container Terminal Saint Petersburg CJSC, Universal Handling Terminal LLC based in the North-West of Russia, and Taganrog Commercial Sea Port in the South. The fleet of TCSP’s cargo handling equipment numbers 28 portal cranes with capacity of 10 to 124 tonnes, 65 loaders and bulldozers. In 2018, the company handled 13.04 million tonnes of cargo.