News

2017 December 1 12:41

Volga Shipping Company carried 6.3 mln t of cargo in navigation season of 2017, +21% Y-o-Y

Volga Shipping Company (UCL Holding) says it closed the navigation season of 2017 on November 20. The company’s vessels carried 6.3 mln t of cargo (+21%, year-on-year). The navigation period lasted for 244 days, from March 22 till November 20 (vs 242 days in 2016).

In the reporting period the company carried  4 mln t of export cargo (up 14%, year-on-year). Cargo transportation within the Russian Federation grew by 600,000 t (35%) to 2.3 mln t.
     
Grain accounted for a third of cargo carried by the company – 2.2 mln t (+40%, year-on-year). Transportation of sulphur remained flat, year-on-year, at 1 mln t.

Crushed stone from Karelia made the bulk of cargoes carried within Russia – 1.5 mln t (+40%, year-on-year). Domestic transportation of metal, industrial salt, gravel and raw material for industrial applications remained flat, year-on-year.
     
The total of 79 units of cargo and towing fleet and 59 non-self-propelled dry-cargo sections of Volga Shipping Company were deployed during the navigation period of 2017. 4 Volga-Don type ships were put into operation in August for additional volumes of cargo.
     
According to the statement, all vessels will undergo scheduled repair at the company’s maintenance facilities and ship repair yards.

Volga Shipping OJSC is one of the biggest transport companies in Russia. It was founded in 1843. The company transports cargoes along rivers and lakes of the country. In 2016, Volga Shipping carried 5.2 mln t of cargo.

The Company is a part of VBTH – shipping division of Universal Cargo Logistics Holding, international transportation group consolidating a number of Russian railway, stevedoring and logistic companies (the majority stakeholder of VBTH). The division also comprises North Western Shipping Company, V.F.Tanker, Okskaya Sudoverf shipyard.