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Cargo “deficit” continues to melt
In September, a solid settlement of up to 4.3 million was recorded in the port of Klaipeda. tons of monthly handling. Compared to September of the previous year, handling was even 17.6 percent better.
Particularly pronounced, up 52 percent, to 2.4 million. tons of bulk fertilizer handling increased. Even general or miscellaneous cargo handling increased by 10.7 percent. up to 1.3 million tons. Port management in September was especially driven by good handling of fertilizers and grains. If not, 34.3 percent. up to 587 thousand. tons of liquid cargo, mainly oil and derivatives, the September result would be even better, perhaps even a historical record.
But even the current September result, with a sharp decline in handling of oil and oil products, significantly “burned” the Klaipeda port’s lag from the record handling of the previous year. In 9 months, a total of 34.5 million tonnes of cargo was handled in the port of Klaipeda. heaps. The lag from last year is still 1.3 percent. After 6 months, the loading delay was 6.6 percent, after 7 months – 5.5 percent, and after 8 months – 3.5 percent. According to this trend, it can be seen that if it continues, in October, and at the latest in November, the management of the Klaipeda port could turn positive. All the more so since there are also positive trends in container handling. However, the port administration is not affected with more optimism this year. The situation regarding COVID-19 and the tense relations between Lithuania and Belarus also have an impact.
Dependence of Latvians on Russians
Cargo handling in Latvian ports continues to decline steadily. Of all the ports in Latvia, the highest cargo handling in the port of Riga is as low as 26.4 percent in 9 months this year. In total, the Port of Riga handled 17.59 million. heaps. Compared to last year, this year the port of Riga lost up to 6.32 million. tons of cargo. The loss from handling Russian coal only exceeds 5 million. heaps. This year, compared to last year, the coal in this port fell as much as 68.8 percent. The second major loss for the port of Riga is 24.5 percent. Compared to the previous year, the handling of liquid cargo, mainly petroleum derivatives, decreased. This year about half a million tons have been lost.
If it were not for these cargoes, which were the largest in terms of volume in the port of Riga, the level of approximately last year would have been maintained in this port. Cargo handling in the port of Riga is even very good: 32 percent. more than last year, this year grain has already been loaded, 30 percent. – peat, 18 percent. plus mineral, 14 percent. plus wood chips, 13 percent. more junk. However, these shipments cannot replace the old perennial dependence of the port of Riga on Russian coal and oil products.
Due to the decrease in the handling of petroleum and coal products from Russia, the Latvian port of Ventspils is experiencing an even greater decrease of around 40%. Estonian ports have long since shed their increased dependence on Russian ports. As a result, its cargo is no longer falling as drastically as Latvian ports. In 9 months, all Estonian ports handled around 27 million tons of cargo. tons of cargo.
That amount was almost the same as in 2019. Total during 2019 Estonian ports handled 37.6 million tons. tons of cargo. Compared to 2018, it was even 4.7 percent. increase.
Interesting trends in Russia
This year is not the best for Russian ports.
In 9 months, the total cargo handling in Russian ports is 2.7 percent. lower than last year. A total of 611 million tons were handled. heaps. The decrease was caused by up to 9 percent. less handling of oil and petroleum products. This is explained by the unfavorable prices of oil and its products on world markets.
Cargo handling in the ports of Russia’s Baltic Sea basin fell even more than the overall average for Russian ports. In the Baltic ports, 181 million tons were handled. tons – a drop in handling of 6.2 percent. Of these, the dry cargo represented 81.74 million. tons (1.8 percent less), liquid cargo – 99.4 million. t (9.5 percent decrease).
The downward trend in cargo handling in Russian ports is expected to continue until the end of the year and reach around 3 percent. This is also related to the COVID-19 pandemic, which is particularly felt in Russia.
This will be the first drop in cargo handling in Russian ports in the last 10 years. Until now, Russian ports have been increasing cargo handling due to the recovery of “Russian” cargo that passed through the eastern Baltic ports and Ukraine.
Although some Russian coal, grain or oil products have been transferred to Russia’s own ports this year, the factor of recovering its own cargo is no longer “stretching” the results. Russia’s exports through ports this year reach 3.1 percent. higher than last year. A total of 241.5 million tons were exported. tons of cargo. Up to 50.4 percent. exports accounted for coal, 23.2 percent. – oil load, 6.7 percent. – ferrous metals, 6.2 percent. – fertilizers and 2.9 percent. – cereals.
Exports from North West ports (Baltic Sea and Barents Sea) were the highest with 96.5 million. heaps. However, compared to last year, it fell 0.3 percent. Most, even 7.8 percent. Russian exports grew in the Far East. A total of 82.1 million tons were exported. heaps. Total exports up to 69.5 million. tons consisted of coal. This is evidenced by Russia’s improving relations with China and other Asian countries, and by the fact that China is buying Russian coal heavily as world prices fall.
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