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Global Ports reports increased Q3 box throughput

The Russian container terminal operator Global Ports Investments PLC has recorded firm growth for the third quarter and the first nine months of the year.

In total, the Group’s consolidated marine container throughput increased by 8.4% in Q3, completing 401,000TEU, and by 4% during the January – September period, reaching 1.19 million TEU.

Commenting on the ongoing volume growth, Albert Likholet, CEO of Global Ports Management stated, “Our large well-equipped terminals with strong railway connections in the North West are well prepared for such containerised export growth acceleration.”

More specifically, Petrolesport (PTP) terminal, Global Ports’ part located in Saint Petersburg, has reached 99,000TEU during the thrid quarter, recording an increase of almost 25% over the same period of 2020.

Additionally, during the same period, Vostochnaya Stevedoring Company (VSC) in the Russian Port Vostochny, the largest container terminal in the Far East Region of the Russian Federation, has registered a year on year rise of 22.9%, achieving 142,000TEU.

“Our immediate operational focus is on VSC, which this September operated under an environment of exceptionally high and rapidly changing demand dynamics whilst undergoing the transition back to a 100% container dedicated facility with advanced terminal operating software,” said Likholet.

However, Global Ports’ First Container Terminal (FCT) in the Port of Saint Petersburg was the only terminal recording downtrend during Q3, with a 6.1% decline compared to the same period of last year, totalling 153,000TEU.





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