Operations

In 2020, intermodal transportation increased by 14% YoY to 393 thousand TEU thanks to the launch of new services, the Group’s flexible commercial policies, and ongoing automation of logistics.

International maritime transportation grew to 293 thousand TEU (up 17% YoY) vs 250 thousand TEU in 2019. Important drivers behind the increase was successful fleet management as the market recovered after the lockdown measured were eased in the second half of 2020, as well as critical shortage of competitors’ container equipment in Southeast Asia.

The volume of domestic maritime transportation increased by 3% to 80 thousand TEU vs 78 thousand TEU in 2019. The strongest growth was delivered by the Magadan route, which saw an expansion in capacity after container vessels FESCO Magadan and FESCO Moneron were purchased in 2019.

Core operating performance, k TEU
Indicator 2017 2018 2019 2020 YoY change, %
Intermodal transportation 244 302 344 393 14
International maritime transportation 319 313 250 293 17
Domestic maritime transportation 67 79 78 80 3