Baltic Basin Ports’ Throughput in February 2021: Crude Oil Down

Baltic Basin Ports’ Throughput in February 2021: Crude Oil Down

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

    According to SeaNews PORTSTAT analytic online service, the total cargo throughput of the Baltic basin sea ports in February 2021 decreased by 14% year-on-year.

    Export was down 14.3%, import down 14.7%, and cabotage declined by 31.8%. Transit, on the contrary, grew by 49.5%.

    The share of the Baltic basin in the total cargo traffic via all the Russian sea ports amounted to 27.6% in February 2021.

    More than half of the total was oil and products, with oil products accounting for 32.2% of the overall throughput, and crude oil for 20.9%. The share of coal and coke amounted to 18.4%.

    It should be noted that the highest growth was in grain segment (+51.5%), chemicals (+48.6%) and ore (+32.4%).

    The commodities that decreased the most were crude oil (-39.1%), liquefied gas (-36.9%) and other bulk (suction) (-36%).

    Ust-Luga accounted for 42.1% of the aggregate cargo throughput via the Russian Baltic basin sea ports in February 2021, the Big Port of St. Petersburg handled 25.1%, and Primorsk 22.1% of the total.


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