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FESCO Container traffic rises 58% in H1, to 160.300 TEU
The volume of container shipments by FESCO Transport Group in the first half of this year jumped by 58% from the same period in 2009, to 160,318 TEUs, the press service of FESCO said.
Half-year intermodal traffic amounted to 20,632 TEUs, or 3,6 times as
much growth over H1, 2009. Freight forwarding services were up 33%
y-o-y, to 32,186 TEUs. Refcontainer volume increased by 2.6%, to 20,684
TEUs. Six-month volume of rail container traffic surged by fourfold from
Jan-Jun, 2009, to 84,741 TEUs.
According to Sergey Generalov, President and Chairman of FESCO’s Board,
“the outcome of the Group in the first half substantially surpassed our
targets. This strong dynamic reflects good recovery rates of the Russian
economy and the growth of international trade, especially with the
countries of South-East Asia, particularly China.”
Transport group FESCO, formed on the basis of the Far Eastern Shipping
Company (FESCO), is a largest Russian container operator. The Group has
its own vessels fleet of over 1 million DWT. The Company’s container
fleet is over 50,000 TEUs. It operates its own rolling stock of over
17,000 units. The total capacity of the ports handling facilities
amounts to 240,000 TEUs and 7,5 million tons of general cargo.
Source: Portnews
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