Arctic Basin Ports’ Throughput in August 2020: Ferrous Metals Up

Arctic Basin Ports’ Throughput in August 2020: Ferrous Metals Up

  • The article is based on SeaNews PORTSTAT online service (available for SeaNews subsribers).

    According to SeaNews PORTSTAT analytic online service, the total cargo throughput via the Russian Arctic basin ports in August 2020 remained much on the previous year’s level (+0.3%). Export increased by 1.5%. Cabotage was down 1.2%, and import down 20.3%.

    The share of the Arctic basin in the total cargo traffic via all the Russian seaports in August 2020 amounted to 13.1%.

    42.6% of the total cargo traffic was crude oil, coal and coke accounted for 18.9% and LNG for 16.6%.

    The highest growth was in the ferrous metals segment (up 7.5-fold), metal scrap (+70.8%) and piece cargo (+56.3%).

    The commodities that decreased the most were reefer cargo (-21.6%), non-ferrous metals (-17.8%) containerized cargo (-13.2%).

    Murmansk accounted for 55.6% of the aggregate cargo throughput via the Russian Arctic basin sea ports in August. Sabetta handled 25.9%, and Arkhangelsk 5.5% of the total.


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