Trade Port Posiet handled 4.4 million tonnes of cargo in 9M’2019, up 4% YoY

In January-September 2019, Trade Port Posiet JSC (subsidiary of Mechel-Trans LLC, Mechel Group’s transport division) handled 4.4 million tonnes of cargo (+4%, year-on-year), says the stevedoring company’ press center.
 
Coking coals and PCI made the bulk of exports -3.6 million tonnes.

In the 9-month period, the port handled 204 vessels.

According to Aleksey Lebedev, General Director of Mechel-Trans, 95% of cargo was exported to traditional leaders of coal consumption in the Asia-Pacific Region: Japan, China and South Korea.

“In September, 13% of turnover at Posiet’s specialized terminal was made by shipments to Vietnam which is getting an increasingly important player in that region”, added Aleksey Lebedev.

Trade Port Posiet, situated on the Japanese Sea coast south of Vladivostok, handles coal supplies to the Asia-Pacific Region. Linked by a railway with the Transsib line, North-East of China and North Korea, Posiet is a convenient terminal to export coal mined at the deposits owned by Mechel’s enterprises of Yakutugol, Yuzhny Kuzbass and Elgaugol.

The port’s capacity is up to 9 million tonnes of coal per year. Mechel’s investments in creation of a specialized automated coal facility exceeded RUB 4 billion.