Russia’s NWSC increases cargo volumes

Russia’s North Western Shipping Company (NWSC) carried 5.8 million tonnes of cargo in 2017, up 3.5 per cent year on year.

More than 4.6 million tonnes (or 80 per cent of total annual volume) were outbound cargoes (+13 per cent).

Of the total traffic, almost 1.9 million tonnes (or 33 per cent) were transported by NWSC’s 10 new Amethyst-class DCV36-series vessels and by seven vessels of the Neva-Leader class (RSD49 project).

In the reporting period NWSC transported 2.2 million tonnes of grain (+22 per cent, year-on-year), 1.0 million tonnes of ferrous metal (+11 per cent), 0.8 million tonnes of chemical and mineral fertilisers (+10 per cent), 0.7 million tonnes of coal (+13 per cent), 0.1 million tonnes of non-ferrous metals (-65 per cent), 0.1 million tonnes of timber (-64 per cent) and 0.7 million tonnes of other cargo.

Volumes of transported non-ferrous metals plummeted due to several vessels being redeployed for more profitable contracts.

Timber volumes also shrank as processing of Russian round timber in Finland decreased and exporters switched the cargo flow from inland ports of the North-West to the seaport of Lomonosov.

Foreign-to-foreign trades reached 700,000 tonnes (17 per cent of overall volume), which represents a 10 per cent growth year on year.

Transportation of inbound cargo by the company dropped by 34 per cent to 0.1 million tonnes, following a general reduction of imports to Russia from the European Union.

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