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Russian container traffic up 4.9pc, but Arctic volume down 22.4pc

CONTAINER throughput of all the Russian seaports in October grew 4

Russian container traffic up 4.9pc, but Arctic volume down 22.4pc

CONTAINER throughput of all the Russian seaports in October grew 4

03 December 2019 - 19:00

CONTAINER throughput of all the Russian seaports in October grew 4.9 per cent year on year, according to St Petersburg-based SeaNews PORTSTAT online.

Import container traffic was up 7.2 per cent while transit increased 22.2 per cent and exports rose 4.4 per cent as cabotage fell 1.6 per cent.



Baltic ports accounted for the largest share in the Russian sea ports' combined container throughput handling in October 211.3 thousand TEU, up three per cent year on year.



The Russian Far Eastern ports saw their container traffic increase by 4.6 per cent up to 161.1 thousand TEU.



The Azov and Black Sea basin ports handled 64.5 thousand TEU, up 23.1 per cent. Container traffic via the Arctic basin ports amounted to 14.7 thousand TEU, down 22.4 per cent.



While Arctic container volume fell, total cargo throughput rose 40 per cent to 20.18 million tonnes in the first nine months of the year, according to the Northern Sea Route Administration's acting head Nikolay Monko.



This discrepancy is related to the liquefied natural gas LNG produced by Novatek, and the big Yamal LNG works that is expected to produce 16 million tonnes in 2019, reported Hellenic Shipping News.



The Caspian Seaports increased container throughput 84.1 per cent to 116 TEU. While not connected to Russia, there has been great increases in trans-Caspian traffic as part of China's Belt and Road Initiative between Kazakhstan and Turkmenistan on the Caspian east coast and Azerbaijan on the west coast with westward links through Georgia as well as through and to Armenia to Turkey.



This activity resulted in some small incidental spill over in otherwise sleepy Russian Caspian ports during this period.


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