Global Ports Investments has announced its operational results for Q3 2022 and the 9 months to 30 September 2022.
On the back of significant reduction of vessel calls of key container shipping lines to the ports of Russia both Russian container market in the Baltic basin and the Group’s terminals located in the region experienced severe decline in containers, cars and ro-ro throughput in Q3 2022 and 9 m 2022, while container throughput in the Far East and at VSC increased driven by rebuilding of supply chains.
The consolidated container traffic via the Group’s terminals in Q3 2022 made 202,000 TEU, down 49.7% year-on-year compared to the total Russian container market decline of 23.2% during the period under report. The share of the Group in the Russian marine container market amounted to 23.2%.
Container throughput of the Global Ports’ marine terminals in the Baltic was down 93.1% compared to the regional market decline of 76.7%. FCT handled 9,000 TEU, down 93.8% year-on-year, PLP lost 93.8% handling 4,000 TEU, and ULCT was down 34.6% to 5,000 TEU.
In the Far East, the Group’s VSC terminal in the port of Vostochny saw its container traffic grow 28.8% to 183,000 TEU compared to the regional market growth of 11.9%.
The Finnish terminals Global Ports co-owns with CMA Terminals, the Multi-Link Terminals in Helsinki and Kotka handled 26,400 TEU, up 59.6% year-on-year.
The inland terminal of Yanino was down 64.7% to 8,600 TEU.
Consolidated solid bulk traffic via the Group’s marine terminals increased by 26.3% up to 1.2 mn tons.
Car and heavylift ro-ro traffic was down to zero in Q3.
During January-September 2022, the consolidated container traffic via the Group’s terminals made 813,000 TEU, down 31.7% year-on-year compared to the total Russian container market decline of 22.9% down to 3.1 mn TEU.
Container throughput of the Global Ports’ marine terminals in the Baltic was down 55.4% compared to the regional market decline of 48.9%. FCT handled 214,000 TEU, down 54.9% year-on-year, PLP lost 57.4% handling 128,000 TEU, and ULCT was down 40.1% to 14,000 TEU.
VSC in the port of Vostochny handled 457,000 TEU, up 16.4% year-on-year compared to the regional market growth of 7.7%.
The Finnish terminals in Helsinki and Kotka handled 80,800 TEU, up 43.4% year-on-year.
Container traffic via the inland terminal of Yanino declined by 26% down to 47,200 TEU.
Consolidated solid bulk traffic via the Group’s marine terminals decreased by 32.8% down to 2.4 mn tons.
Car handling and heavylift ro-ro traffic were down 77% to 18,400 units and down 76.9% to 4,300 units respectively.
Photo: Global Ports