Global Ports Investments has publiched its operational results for Q3 2021 and the 9 months of 2021.
In Q3, the Russian container market grew by 9% to 1.32 mn TEU, driven by both the accelerating growth of full containerised import (+9.2% year-on-year) and the continued growth of containerised export (+13.9% year-on-year).
Global Ports’ consolidated marine container throughput increased by 8.4% year-on-year in Q3 2021 to 401 thousand TEU.
The throughput at the Group’s VSC in the Russian Far East grew by 22.9% year-on-year in Q3 2021 outperforming the regional market increase of 13.4% year-on-year.
The throughput of the Global Ports terminals in the Baltic Basin grew by 1.9% year-on-year in Q3 2021 compared to the regional market decline of 1.5% year-on-year.
Global Ports’ consolidated marine container throughput in January-September 2021 made 1,190 thousand TEU, up 4% year-on-year.
The throughput at the Group’s VSC in the Russia Far East grew by 19.6% year-on-year in January-September outperforming the Russian Far East market increase of 14.2%.
The throughput of the Global Ports terminals in the Baltic Basin declined by 2.2% year-on-year over the 9 months of 2021 compared to the regional market decline of 3.3% year-on-year.
The Group’s consolidated marine bulk throughput decreased by 36.1% year-on-year to 0.94 mn tons in Q3 2021 and by 3% year-on-year to 3.56 mn tons in 9 months 2021.
Heavy ro-ro handling demonstrated a continued recovery in Q3 2021 with an 11.5% year-on-year growth to 6 thousand units. Car handling in Q3 2021 demonstrated a 50.2% growth to 27.8 thousand units.
“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. We believe that we are firmly on track to offer our clients the same high level of service as we provide in North-West that has enabled us to consistently improve our market position over the last several years”, Albert Likholet, CEO of Global Ports Management, commented.