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Tuesday, 29 May 2018

Taganrog Sea Commercial Port reports a 4-percent growth in 1Q volumes, to 333,000 tonnes

Taganrog, Russia based AO Taganrog Sea Commercial Port (TagSCP, part UCL Holding) in the first three-month period 2018 handled 333,000 tonnes of cargo, which represents a 4-percent increase, year-on-year.

According to TagSCP statement, the growth should be attributed to the increased market demand for key types of cargo handled at TagSCP's terminals and thanks to favorable weather conditions during winter navigation season.

In the first three month, cargo handling in dry bulk segment (grab / suction cargoes) increased by 36% to 235,000 tonnes, primarily thanks to a five-fold surge in grain volume to 82,000 tonnes following the 2017 high yield in the country and favorable global market environment. Besides, volumes of ore rose 49% to 16,000 tonnes. At the same time, a 3-percent decline was reported in coal exports to 136,500 tonnes

There was a 38-percent decrease in break bulk cargo to 53,000 tonnes in the reporting period as the port saw a 43-percent slump in ferrous metal volumes (31,000 tonnes) since shippers of the export commodity reduced shipments. Handling of 'big bags' and crate cargo fell by 27% to 22,000 tonnes.

Negative trend was also seen in liquid bulk segment: the cargo volume shrank by 28% to 43,500 tonnes. Container throughput of TagSCP remained unchanged year-on-year, at 550 TEUs (1,200 tonnes).

TagSCP handled 260,000 tonnes of export cargo and 21,000 tonnes of import cargo. Short-sea traffic via the company's berths totaled 52,000 tonnes. Exports and imports accounted for 78% and 6% of the total three-month cargo volumes with domestic shipments making 16%.

In January-March 2018, Taganrog Sea Commercial Port handled 4,264 rail cars and 80 merchant vessels.

About TagSCP
AO Taganrog Sea Commercial Port (TagSCP, a company of UCL Port, which is a stevedoring division of the international transportation group UCL Holding) is a major stevedore operating at Russia's southern Port of Taganrog. The company provides cargo handling services at the Taganrog port's Berths No 1, 2, 3, 4, 5, 7 and 8. In 2017, TSCP handled 1.59 million tonnes of cargo.

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