Operations

In 2020, handling volumes of VMTP changed only marginally vs 2019 and totalled 11.4 mln t.

Containers

The container handling volume increased by 7.7% YoY and reached a record 672,442 TEU. In 2020, VMTP achieved the best turnover result in Russia. Handling of import and export cargoes showed the biggest growth of 10% due to higher volumes of both loaded and empty containers. Containers shipped domestically demonstrated a 1.9% reduction vs 2019. As a result, VMTP’s share of the Far East’s handling market grew by 1 pp vs 2019 and reached a record 45%.

General and bulk cargoes

In 2020, handling of bulk and general cargoes was down to 4.61 mt, a 10.1% reduction YoY. In this category, strongly underperforming were the slab handling and steel billet segments, which decreased by 56.5% and 64.3%, respectively. This partly offset by a rise in handling of coal (by 50.2%) and steel plates (83.5%) and new contracts signed for coke.

Oil products

The petroleum tank farm of Commercial Port of Vladivostok processed 357.6 thousand tonnes of oil products, down by 9.7% YoY. The reduction was due to the pandemic, decrease in the number of vessel calls (bunkering) in the Far East, and stagnation in the bunkering market.

Vehicles

Handling of vehicles and machinery decreased by 7.5%, to 71,248 units vs 77,023 units in 2019 on the back of lower volumes amid COVID-19.

Source: Company data

In 2020, VMTP handled a total of 1,790 vessels vs 2,009 vessels in 2019. Average daily fleet handling grew to 31.25 thousand tonnes vs 31.56 thousand tonnes in 2019. VMTP also handled 210.5 thousand units of rolling stock (+5%) vs 201 thousand units in 2019. Daily rail car handling reached 575 units vs 549 units in 2019.