• Home
  • News
  • Global Ports expects container throughput of Russia’s Baltic terminals to recover by 2024
  • 2022 November 16 11:45

    Global Ports expects container throughput of Russia’s Baltic terminals to recover by 2024

    The shipping companies have launched services from Saint-Petersburg to India, China and the South-East Asia

    Container throughput of Russia’s Baltic terminals may recover by 2024, IAA PortNews correspondent cites Albert Likholet, General Director of Global Ports Group, as saying at the 16th forum Transport of Russia.

    “We see the shipping companies’ test steps in the segment of seaborne container transportation in the North-West Region. The companies are testing their direct services from the South-East Asia and China. Services linking India and Saint-Petersburg have been launched. By the end of 2023, or may be by 2024 we will see the return of the business to the North-West. I presume that new players earlier operating in the Asian region will be encouraged with the working schemes,” he said.

    In the first half of 2022, after Maersk, MSC, Hapag-Lloyd and other line operators left Russia, the country’s logistics turned eastwards. Experts say 14 of 20 lines that withdrew from Russia accounted for 70% of the cargo flow in the North-Western ports of Russia.

    TransContainer (a company of Delo Group) says that railway transportation of containers bound for the ports showed the following dynamics in January-October 2022: in the North-West Basin – down 61% (down 87% in October), in the Far East Basin – up 19% (up 33% in October), in the Caspian Basin – down 5% (down 7% in October ). The company expects the import of the key container cargoes via western borders of the Russian Federation to fall by 9.5 million tonnes. Meanwhile, the import of the key container cargoes via the Eastern Polygon is to grow by 11.5 million tonnes in 2023-2024. According to the company, crucial imports via the Eastern Polygon totaled 4.3 million tonnes in 2021 (chemical industry products, machinery, spare parts, equipment and electric systems).

    Global Ports Investments PLC is the leading operator of container terminals in the Russian market by capacity and container throughput. Global Ports’ terminals are located in the Baltic and Far East Basins, key regions for foreign Russian trade and transit cargo flows. Global Ports operates five container terminals in Russia (Petrolesport, First Container Terminal, Ust-Luga Container Terminal and Moby Dik in the Russian Baltics, and Vostochnaya Stevedoring Company in the Russian Far East) and two container terminals in Finland (Multi-Link Terminals in Helsinki and Kotka). Global Ports also owns inland container terminal Yanino Logistics Park located in the vicinity of St. Petersburg.

    Global Ports’ major shareholder is Delo Group, the largest intermodal container and port operator in Russia (61.5%). 20.5% of Global Ports shares are traded in the form of global depositary receipts.

    Related links:

    Global Ports’ North-Western terminals start working with regular container service providing direct link with China >>>>

    Container throughput of Global Ports’ north-western terminals fell by about 80% in summer 2022>>>>

    What does eastward pivot bring? >>>>




2023 January 31

12:15 Port of Valencia traffic decreased in all sectors in 2022
11:45 European Commission proposes $45/bl price cap for Russian fuel oil
11:42 Saint-Petersburg Governor signs law on ‘tax cash back’ for stevedoring companies
11:20 Four new Pacific International Lines container ships to benefit from integration of Wartsila solutions
11:05 IMO agrees draft revised Guidelines for the reduction of underwater noise from commercial shipping
10:54 ABS approves Bassoe Technology’s D-Floater floating wind foundation design for world’s largest turbines
10:34 Parliament vote positive step towards competitive ship finance in Europe - ECSA
10:14 NYK and Ghelia form business and capital alliance
09:59 Sevmash performs maintenance service of fourth-generation submarines
09:26 RF Government approves procedure for implementation of presidential order on measures in response to oil price cap

2023 January 30

18:37 Shell announces Executive Committee and Directorate changes
18:07 Biden-Harris administration announces more than $380 mln in grants to modernize ferry services
17:53 Port of Aberdeen welcomes Minister for Industry and Investment Security Nusrat Ghani
17:42 Boskalis acquires EUR 120 million contract for development and climate adaptive measures for Gulhifalhu in the Maldives
17:31 Euronav filed an application request for arbitration on the merits in relation to Frontline’s termination of the combination agreement
17:21 First Australian coal cargoes since end of ban to enter China in Feb - Reuters
17:08 Cemre Shipyard chooses NES for twin hull SOVs
16:47 ArcelorMittal Belgium and North Sea Port are to build the North-C Circular industrial estate on ArcelorMittal's Ghent site
16:29 Keppel O&M and Sembmarine merger transaction get SGX approval
15:39 APM Terminals Mumbai facilitates India’s first export of AVGAS 100 LL aviation fuel
15:17 King Abdullah Port registers 3.25% in container, 143% in break bulk and 108% in agri bulk in 2022
15:04 The Baltic Hub posts container volume of 2 072 727 million TEUs in 2022
14:43 Toyota Tsusho, IIJ, NEC, and NTT Com sign contract with Uzbekteleco
14:30 CMA CGM Group launches a call for projects worth €200 million to step up the pace of decarbonization of the French shipping industry
14:21 Port of Oakland’s solar energy use grows
14:02 New resident of Kamchatka PDA to invest RUB 6 billion in Bechevinskaya facility for LNG handling
13:19 USCG seizes 480 pounds of illegal fish off Texas coast
13:10 Port of Melbourne welcomes investment in Somerton Intermodal Terminal
12:36 RSGT adds three STS cranes to its fleet of handling equipment
12:19 Admiralteiskie Verfi shipyard completed dock works on Mekhanik Maslak factory freezer trawler
11:53 Mandatory Maritime Single Window: One year to go
11:27 Keppel Offshore & Marine's joint resolution with Brazilian authorities
10:48 Rosmorport commissioned facilities of navigation safety system in Astrakhan, Nakhodka and Vostochny
10:21 COSCO SHIPPING offers diverse shipping solutions for domestic carmakers
09:50 CPC tests permanent station of atmospheric air quality control system
09:24 RF Government expands civil fleet construction programme to 10 units

2023 January 29

15:08 Anglo American loads first LNG dual-fuelled vessel in chartered fleet, cutting emissions by up to 35%
13:27 Humber Ports will continue playing part in the green supply chain revolution in UK ports - ABP
12:51 Chevron announces Q4 earnings of $6.4 billion and adjusted earnings of $7.9 billion
11:49 Maersk will unify its brand

2023 January 28

15:19 Port of Rotterdam reports a slight decrease in accidents in 2022
13:07 FMC to seek additional comments on unreasonable refusal to deal rulemaking
11:22 Metal cut on world’s first unmanned Fast Rescue Craft in new partnership with Zelim

2023 January 27

18:18 IAA PortNews’ summary of past week news
18:07 MPC Container Ships plans to start using a synthetic MOO fuel in its fleet - Ship & Bunker
17:52 Registration for Shipping Team meeting is closed
17:45 Container throughput of Russian seaports in 2022 fell by 23%
17:30 Alma’s marine fuel cell system awarded Approval in Principle by DNV
17:14 Three Korean shipbuilders focus on boosting profitability - BusinessKorea
16:48 Vostochny Port handled 12 thousand TEU in 2022
16:37 MOL is the first Japanese company to join First Movers Coalition's Shipping Sector
16:25 Port of Long Beach plans wind turbine assembly terminal
15:55 ClassNK issues AiP for large ammonia fueled BC jointly developed by MOL and MITSUI
15:13 Freeport LNG gets FERC approval to cool down piping as restart work stretches into February - S&P Global
14:59 Trade turnover between Russia and India surged 2.4 times in 2022
14:03 Fluxys acquires 24% stake in the largest transmission system operator in Germany
13:42 Lax oversight allows U.S. refineries to pollute waterways
13:24 TORM buys seven LR1 tankers
13:00 Quotas for exports of mineral fertilizers from Russia increased by almost 500 thousand tonnes
12:34 South Africa’s Richards Bay Coal Terminal increased shipments to Europe in 2022 - Bloomberg