12 Dec 2017 20:43

VMTP boosts transshipment 37% in 11M

VLADIVOSTOK. Dec 12 (Interfax) - Commercial Port of Vladivostok (VMTP), the biggest stevedore company in Vladivostok Port, boosted transshipments 37% year-on-year to over 7 million tonnes in 11M 2017, the company told Interfax during a press statement.

Transshipments of general cargo grew 39%, container cargo by 43% and vehicles and special equipment by 71%.

"As of today, we do not see any factors holding back the development of VMTP in the future and increasing the cargo base. Next year we plan to continue to develop the priorities set forth in 2017. These include modernizing and upgrading the port's equipment, developing complexes for services for freight forwarding and LCL services [Less Container Load], launching additional railway services within the framework of the FESCO transport group and bringing sea lines to the port," VCSP CEO Zairbek Yusupov was quoted as saying in the press statement.

The port plans to begin offering a full range of services for customs shipping directly to the port on a 24/7 basis in 2018 and to reduce transit time for cargo through the port to one or two days.

According to information from the Association of Commercial Sea Ports, VMTP boosted transshipments by 11.8% in 2016 to 5.637 million tonnes. The growth in transshipments at the port was driven by coke, ferrous metals, scrap metal and containers. At the same time, transshipments of non-ferrous metals and petroleum products declined.

Commercial Port of Vladivostok is part of the FESCO transport group.

The port's production capacity allows it to transship all types of general, bulk or container cargo, as well as petroleum products, vehicles, heavy machinery, oversized and large-capacity cargo.