• 2022 January 19 16:26

    Results of Russian ports in 2021: infographics and analytics

    IAA PortNews and the Institute for Natural Monopolies Research (IPEM) present jointly developed infographics and analytics on operation of Russian seaports in Q4 and 12M, 2021

    In 2021, cargo handling in seaports rose by 1.7%, year-on-year, to 835.2 million tonnes . In the fourth quarter, throughput totaled 213 million tonnes, up 1.7% versus the fourth quarter of 2020. The growth was driven by a favorable situation in the global market amid the recovery of global economies after the COVID-19 pandemic and measures undertaken to prevent its spread.

    The growth was registered in many segments although some types of cargo showed negative dynamics. For example, handling of grain in 2021 fell by 15.8% to 42.4 million tonnes with the fall in the fourth quarter having exceeded 33% (as compared with the same period of 2020). The reduction should be attributed to a lower harvest due to unfavorable weather conditions and to introduction of export duties aimed to ensure food security of the country which resulted in redistribution of shipments between export and import markets.

    Positive dynamics was seen in exports of oil cargo. In 2020, due to tough lockdowns and OPEC+ agreements, the demand for crude oil and its output plunged and Russia reduced exports of crude oil and oil products by 41% and 32% accordingly (in monetary terms). In 2021, we saw an equally strong recovery ensured by the put-up demand. In its turn, that entailed the growth of oil cargo transportation via seaports: handling of crude oil rose by 1.3%, oil products – by 2.7%.

    Handling of coal and coke in 2021 grew by 7.6%, year-on-year, to 202.7 million tonnes. The growth was driven by the favorable global prices. However, in the fourth quarter, their handling decreased by 4.3% which was particularly caused by a high level of cargo base in the end of 2020 while global prices for solid fuel started rising from the second half of 2020. Besides, there was a negative impact of unfavorable weather conditions and restrictions of the railway infrastructure on the routes to the Far East ports. Thus, coal transportation from Khakasia, Buryatia and Tyva to the Far East dropped in 2021 by 40–60%, year-on-year (-10.4 million tonnes). In this context, quotas for transportation from Khakasia, Buryatia and Tyva were brought up to discussion in the beginning of 2022 with a purpose to recover shipments of export coal.

    It should be noted that loading of export cargo on the networks of Russian Railways totaled 351.1 million tonnes in 2021 (+5.8%) which is a record-high result. Loading of cargoes bound for all sea basins of the country increased with the highest growth seen on the direction to the southern ports (+17.1%), hence the growth of coal handling in the Azov-Black Sea Basin by 66% in 2021.

    Handling of chemical and mineral fertilizers also showed a stable growth. Their shipments rose by 0.4% in 2021 and by 7.7% in the fourth quarter of 2021 owing to a growing demand and, consequently, higher global prices for fertilizers. Ultramar terminal in Ust-Luga which started handling of fertilizers in the end of 2021 contributed to the growth.

    Handling of containerized cargo rose by 6.1% in 2021. However, handling of containers in ports demonstrated a lower growth as compared with the growth of container transportation by railways. In 2021, container transportation by the network of Russian Railways exceeded 6.5 million TEU, 12.1% more than in 2020. As compared with 2016, container shipments surged almost two-fold.

    The COVID-19 pandemic and the related constraining measures had a positive effect on container transportation since the restrictions on the railway transport were lower than those on ports and seaborne transport. Shifting of cargo from sea transport to railways should also be attributed to a considerable growth of freight rates, especially on the China-Europe route. One of popular routes for transportation of containers from China became transit via Far East ports of Russia and then by railway to the ports of the Southern Basin, or directly to Europe. In many cases it was more profitable than a traditional route via the Suez Canal. That lead to a considerable growth of cargo turnover in the ports of the Far East and Southern basins as well as to stagnation at the ports of the Baltic basin.

    In 2022, if the market situation is still favorable and there are no tough lockdown restrictions, further growth of cargo handling can be expected in Russian ports. Implementation of large-scale projects, development of the existing facilities, modernization and expansion of railway infrastructure will contribute to the growth.


2024 November 6

18:00 DFDS launches a new freight ferry service between Italy and Egypt
17:34 Viking names two newest Nile River ships in Luxor
17:18 Enova grants EUR 65m to five hydrogen projects for maritime fuel in Norway
16:48 COSCO SHIPPING signed a strategic cooperation agreement with BYD
16:25 Shipyards deliver a record 410 container ships in 2024
15:28 Syngenta and Maersk extend partnership in more sustainable and innovative supply chain solutions
14:41 Ports of Szczecin and Swinoujscie post results for the first three quarters of 2024
14:18 China plans to increase low-carbon bunkering capacity at Shanghai Port to more than 1 million tonnes per year by 2030
13:44 Singapore Methanol signs MOU with Global Energy to advance bio-methanol fuel
12:23 Höegh Evi signs MoU with the port of Port-La Nouvelle to develop a floating terminal for hydrogen imports
11:59 TORM capital increase in connection with delivery of one 2015-built MR vessel
11:29 Intra-Asia сontainer shipping market outpaces global growth – Drewry
10:09 ICTSI net income up 31% to US$632.58mln in Jan-Sept 2024
09:04 Guangzhou Shipbuilding completes the annual ship delivery target
08:52 CSSC held naming ceremony for last of 10 container ships built for Seaspan

2024 November 5

18:27 RS successfully completes annual survey of the legendary nuclear-powered icebreaker LENIN
18:24 Expanded emissions rules to be implemented at California ports from January 1, 2025
17:35 COSCO Shipping launches innovative ammonia-fueled ammonia/LPG vessel design
17:19 PIL orders five more LNG dual-fuel vessels from Hudong-Zhonghua Shipbuilding
16:57 Chevron expands supply of marine lubricants to include Port Elizabeth, South Africa
16:29 EDGE Group and Fincantieri sign MoU to jointly develop underwater solutions
15:53 Cadeler signs firm contracts with ScottishPower Renewables for East Anglia TWO foundation and turbine transportation and installation
15:03 Sea1 Offshore steps up with two new vessel orders
14:35 COSCO SHIPPING becomes second largest shareholder of Shenzhen Yantian Port
13:48 MOL (Asia Oceania) invests in joint development/investment 'logistics infrastructure' projects in Southeast Asia
13:13 Kongsberg Maritime propulsion selected for new Peruvian Navy frigate programme
12:53 ADNOC and Masdar collaborate with Microsoft to drive AI deployment and low-carbon solutions
12:24 MOL to build logistic center on Kobe's Port Island
11:19 APM Terminals announces appointment of new Managing Director for Suez Canal Container Terminal
10:42 Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg

2024 November 4

17:27 Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg
15:52 Paradip Port to be fully mechanised by 2030
14:13 Autonomous vessel to sail 1,500 km from Mumbai to Tuticorin
13:48 DPA Kandla in a plan for new container terminal and multipurpose berth with ₹27,000 crore investment
12:18 China's 41st Antarctic expedition begins
10:34 10 years old Meyer Turku aims for carbon-neutral shipbuilding
09:41 Port of Vancouver vessel traffic management system enhances marine safety and trade efficiency throughout Burrard Inlet

2024 November 3

15:57 Babcock completes deep maintenance of Lambeth River Station
14:09 Fincantieri and BQ Solutions sign MoU to advance naval education and training in Qatar 31 October 2024
12:51 Rolls-Royce develops new mtu energy and automation solutions for future submarines
10:19 Cepsa changes its name to Moeve
09:46 Singapore says no oil sightings arising from oil-related incidents

2024 November 2

18:06 Singapore’s first fully electric cargo vessel wins Green Ship Award at SRS Forum
17:20 VTTI looks to buy into LNG terminals in Asia
16:48 Hudong-Zhonghua Shipbuilding signs contracts for 12 large container ships in the past 10 days
16:32 CHIMBUSCO secures its first LNG refueling service in Europe
15:46 SLB OneSubsea awarded subsea boosting contract for bp’s Kaskida project in Gulf of Mexico
15:24 Wilson Sons to start construction of three new eco-friendly tugboats in 2025
14:57 Rem Offshore holds keel laying ceremony for REM Pioneer
12:30 World's first conversion of large container ship to run on methanol successfully completed
11:52 New offshore platform taps into potential of heavy-oil reserves in China
11:24 HRDD completes desulphurization tower system conversion for a PCTC
09:48 TOWT launches its first cargo sailing ship in Le Havre

2024 November 1

18:00 Marlink to deploy Sealink NextGen hybrid solution on 26 tankers for Transpetro
17:38 Austal Australia delivers 8th Evolved Cape-class Patrol Boat to Royal Australian Navy
17:23 Acteon and Applied Fiber enter MoU to collaborate on mooring solutions
16:54 KOTUG International and Maritalia S.A. secure major marine services contract for bp’s Greater Tortue Ahmeyim gas project
16:24 BW LPG takes delivery of vessel BW Chinook from Avance Gas
15:44 HD Hyundai may nearly double shipbuilding capacity in Vietnam
15:24 Samsung Heavy Industries secures $390 mln contract for four Suezmax tankers
14:36 EU imposes duties on unfairly subsidised electric vehicles from China
14:23 Port of Montreal workers at two terminals start new strike
13:41 Chinese ports container volume rises 7.7 % from January to September of 2024
13:22 MOL, COSCO Co-host 6th Shanghai International LNG Shipping Forum
12:43 Global schedule reliability drops to 51.4% in September 2024
12:22 GTT secures technical services contract with Maran Tankers for eight LNG Dual-Fuel Suezmax vessels
11:45 MSC inks up $2.1bn container ship at the reborn shipyard Rongsheng Heavy Industries
11:28 China's first 'smart factory' for offshore oil, gas equipment fully operational
10:43 Yanmar completes land-based demonstration testing of a hydrogen engine for power generation in coastal vessels
10:23 Samsung Heavy wins W358 bln LNG ship order in Asia