Far East Basin Ports’ Throughput in February 2021: Grain Up

Far East Basin Ports’ Throughput in February 2021: Grain Up

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    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 Far East basin ports in February 2021 increased by 10% year-on-year. Transit grew by 6.2%, export was up 11.8%, and import up 64.2%. Cabotage, on the contrary, declined by 25.2%

    The share of the Far East basin in the total cargo traffic via all the Russian seaports in February 2021 amounted to 26.6%.

    More than 75% in the Russian Far Eastern ports’ commodity structure is coal, oil and products. In February 2021, coal and coke accounted for 45.6% of the total volume, crude oil for 23.3% and oil products for 6.1%. Containerized cargo constituted 8.4% of the total.

    It should be noted that the highest growth rate was in the non-ferrous metals segment (up 2.7-fold), grain (up 2.6-fold) and other bulk (grab) (up 2.1-fold).

    The commodities that decreased the most were other bulk (suction) (-42%), piece cargo (-27.5%) and metal scrap (-18.8%).

    Vostochny accounted for 34.7% of the aggregate cargo throughput via the Russian Far East basin sea ports in February. Vanino handled 17.3%, and Nakhodka 13.7% of the total.

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