35-WCN-Feb09:Layout 1 25/2/09 12:59 Page 1
PORT DEVELOPMENT
WorldCargo
news
A chill wind is blowing through Russia
Crucially, says NCC, the three facili-
ties will come under the same customs
office, so containers can be moved in bond
to Shushary under the simplified scheme
The Russian stock market lost over 70%
of its capitalisation between June and
The cold caught by the Russian economy
There is no sign of panic at NCC aris- of internal customs transit. Leading Rus-
ing from the current downturn. The first sian logistics company and transport op-
October last year and the price of oil
from the global financial crisis has
stage of its “greenfield” Ust-Luga con- erator Eurosib already has an off-dock
dropped from US$147/barrel to around tainer terminal (ULCT) is scheduled to terminal at Shushary. Both are multi-
US$48/barrel, while Gazprom had to be
inevitably affected the country’s container
come on stream later this year, as is the modal facilities, equipped for deliveries
rescued by the state after its share value
fell by 76%. traffic, but investment levels remain high
opening of the off-dock logistics termi- and onward transport by rail or road, with
nal in Saint Petersburg’s Shushary district. ample warehousing, CFS, transloading to
The situation in the Ukraine is hardly
better. Thanks to the global economic cri- cember it fell by 47.9% to 27,680 TEU. In December, FCT took delivery of a Customs unity
road trailers or covered rail cars, etc.
sis, November’s GDP was 14% lower than Last year was a difficult one for NUTEP Konecranes ship-to-shore crane, a 50t ULCT is slated to have an installed ca- GPI results
in November 2007. A number of indus- anyway as it lost a big customer (MSC) SWL Panamax crane able to handle 40 pacity of 3M TEU/year by 2019, although No early figures for 2009 are yet avail-
tries have shut down, and the picture is to the rival NLE terminal run by NMTP. boxes/hour due to the latest drive and this may stretch further into the future able from Global Port Investments (GPI,
similar in the Baltic Republics. Traffic for the whole year was down by motion control systems with which it is given the current downturn. The formerly N-trans). For the first 10 months
On 3 February the New World Alli- 12% to 124,501 TEU. The figure for De- fitted. This brought to five the number of Shushary development, which occupies of 2008, container traffic was up 49.4%
ance and The Grand Alliance announced cember was 12,128 TEU, a fall of 21.15 new STS cranes from Koneranes installed 92 hectares, is just 17 kms from FCT and at Petrolesport (PLP) in Saint Petersburg
the suspension of their joint Asia/East compared to December 2007. at Berths 85-87 during 2007-2008. 160 kms from ULCT. to 451,600 TEU; up by 15.6% to 193,300
Med/Black Sea Express service (EBX).
This has been operating since June 2008
and deployed eight ships with an average
5000 TEU capacity.
It is not altogether clear how the cur-
rent crisis may have affected investment
plans. However, Novorossiysk Commer-
cial Seaport (NMTP) is understood to
have postponed its development plan for
Baltic Stevedoring Company in
Kaliningrad. Looking further ahead,
NMTP has a agreement with MSC to
build a new terminal in Lomonosov, but
the timetable for that may have slipped.
Signs of trouble?
Other signs of trouble have emerged as
well. OMG TOSMO, a vessel operated by
Vyborg Shipping Company (VMP),
which is part of Saint Petersburg-based
Oslo Marine Group (OMG), has been de-
tained at Tallinn shipyard (where it has
been undergoing repairs), because of a
dispute with Bergen Bunkers AS.
The 7000 dwt OMG TOSNO (ex-
NORDHEIM), OMG GATCHINA (ex-
WALSERTAL) and OMG KOLPINO (ex-
MOXHEIM,) make up VMP’s existing ship-
ping fleet, but a number of newbuildings
have been ordered to serve OMG’s fa-
cilities in Vyborg and Saint Petersburg -
including 10 ships from Damen Shipyard
worth a total of €183M - and the first
deliveries are due this year.
OMG has admitted that it is in dis-
pute about the amount owed for bun-
kers, but says that the ship is laid up any-
way awaiting a charter. VMP has not yet
established its own shipping service.
As also previously reported, the
EBRD agreed last year to support the
OMG’s Vyborg port development project,
estimated at €233M, with a €115M loan.
“Due diligence” has taken longer than
originally forecast, but is said to be near-
ing completion now.
One of EBRD’s purposes is to “inter-
nationalise” Russian companies and the
Vyborg project represents its and OMG’s
first dealings together. There is no deny-
ing that in the current climate access to
the rest of the finance needed has proven
See us at
more difficult, admits OMG, but the key TOC 2009
to it is the EBRD loan and that, says the
EUROPE/AMERICAS
company, will be finalised shortly.
Booths J
32/E16
NCC reports
A good sense of the current state of the
Russian container handling market is pro-
vided by National Container Company
(NCC), which issues monthly bulletins
on the traffic passing through its termi-
nals. In its latest bulletin, NCC has re-
ported that traffic at First Container Ter-
minal (FCT) in Saint Petersburg in Janu-
ary this year came to 63,307 TEU, which
represents a 21.9% decrease compared to
the results in January 2008.
Throughput at NUTEP Novorossiysk
came to 11,406 TEU, an increase of 1%
compared to January 2008, while traffic
at the Ukrainian facility, Ukrtranscon-
tainer (UTC) in Ilyichevsk, was down by
a whacking 54.4% compared to January
2008, to 16,873 TEU.
NCC reported that its three marine
terminals handled an aggregate of 1.736M
TEU in 2008, up 11.6% on 2007. Vol-
ume held up well through to November.
In 2008 FCT handled 1.072M TEU (+
11.8%), although, at 86,944 TEU, the fig-
ure for the month of December was down
by 2.7% compared to December 2007.
Difficult time
Throughput at UTC was up by 18.4% in
2008 to 539,928 TEU, although in De-
February 2009 35
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