Russian seaport cargo volumes hits historic high

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Concerting to figures released by the Russian Maritime Ports Association, the sector’s blanket turnover rose 6.7 percent in 2016. Even a drop in unfamiliar exports did not impact freight handling volumes, which grew on the last decade. Total turnover increased 77.4 percent between 2006 and 2016.

Arctic sphere ports posted the strongest growth in freight traffic in 2016, up by as much as 40.6 percent, to merely shy of 50 million tons. A key factor in this dynamic increase was a 120 percent acclivity in the handling of liquid cargoes to 23.1 million tons, a figure comparable to the 26.6 million tons of dry trainload handled in the Russian Arctic last year.

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Developments in Russia’s Far East was another substantial factor, where there was an 8.3 percent increase in freight freight at maritime harbors, to 185.5 million tons. A rise in the handling of melted cargoes (+2.1 percent, to 74.5 million tons) was also advised, but the volume of dry cargo transit went up considerably, by 13 percent to 111 million tons. Coal was the leading export at Far Eastern ports in 2016.

Alexei Bezborodov, head of the research intervention InfraNews, said that future freight traffic growth at Russian seaports will mainly come from further export expansion. This collects from the lower ruble exchange rate – increased exports supporter to maintain the currency’s value.

Bezborodov said coal shipping and container conveyance has much potential for future growth. In 2016, the latter reached virtually 4 million TEU (standardized units of container capacity), or 1.4 percent multifarious than in 2015. In terms of weight, container traffic was up 2.5 million tons, with laden container traverse increasing and unladen traffic on the decline.

Finally, for the fourth year in a row Russia’s refuge sector saw a boost from the ferry crossing the Kerch Strait. Wagon-load handling at Port Kavkaz, the departure point for ferries to Crimea, waxed 8.8 percent last year, to 33.2 million tons, while the harbour of Kerch saw a 22.4 percent increase, to 9.6 million tons. In a a handful of of years, however, the dynamic growth rates at these ports force disappear of their own accord with the opening of the bridge to Crimea, Bezborodov eminent.

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