Caspian Basin Ports’ Throughput in June 2020: Crude Oil Down Almost 50%

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

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According to SeaNews PORTSTAT analytic online service, the total cargo throughput via the Caspian basin ports in June 2020 declined by 29.8% year-on-year. Transit decreased by 46.2%. Export grew by 11.3%, import by 19.4%, and cabotage was up 66.7%.

The share of the Caspian basin in the total cargo traffic via all the Russian seaports in June 2020 made 1.2%.

56.5% of the total cargo traffic was crude oil, grain accounted for 15.6% and timber and logs for 9.3%.

The highest growth was in Ro-Ro (up 30-fold), timber and logs (up 2.1-fold) and other general cargo (+48.5%) segments.

The commodities that decreased were other bulk (grab) (-63.9%), crude oil (-46.2%) and piece cargo (-23.3%).

Makhachkala accounted for 63.7% of the aggregate cargo throughput via the Russian Caspian basin sea ports in June. Astrakhan handled 30.6%, and Olya 5.6% of the total.