CPV’s container throughput in 8M’2022 remained nearly flat year-on-year at 484,000 TEUs

In August, the port’s container throughput increased by 15%

In January-August 2022, the commercial port of Vladivostok PJSC (CPV, a FESCO shipping group company) handled 484,000 TEUs, down 1% year-on-year. In August, the port’s container throughput rose 15% year-on-year to 73.78 thousand TEUs, according to the port’s Telegram channel.

As Arkady Korostelyov, Chairman of the Board of Fesco, said at the Eastern Economic Forum, the container throughput of the commercial port of Vladivostok in 2022 should remain the same as last year. According to him, the port is currently loaded at 100% and even more. “The containers are already stacked in six layers, which means that we should facilitate the implementation of our port investment program and expand our container storage facilities,” said Arkady Korostelyov. According to him, the company plans to acquire dry tank farms in Vladivostok.

Earlier, FESCO announced its intention to invest about 24 billion rubles in the development and implementation of a CPV plant expansion project. An agreement was signed with the Russian Far Eastern and Arctic Development Corporation during the Eastern Economic Forum 2022.

Vladivostok Commercial Port PAO (part of FESCO Transport Group) is a stevedoring company that operates Russia’s largest multi-purpose port in the Far East. CPV specializes in containerized/general/bulk/R®-R® cargo handling. CPV’s annual throughput capacity is 5 million tonnes: general cargo/petroleum products, 150,000 vehicles and over 600,000 TEUs of containers. The commercial port of Vladivostok operates 15 berths with a total length of more than 3.2 km. In 2021, CPV throughput increased by 16%, year-on-year, to reach 13.3 million tonnes and 757,000 TEU (+13%).

FESCO Transportation Group is one of the leading public transport and logistics companies in Russia with operations in ports, rail, integrated logistics and maritime activities. A diversified yet integrated portfolio of assets enables FESCO to provide door-to-door logistics solutions and control nearly every stage of the intermodal transport value chain. FESCO controls the commercial port of Vladivostok, rail operators Transgarant and Dalreftrans, container platform operator Russkaya Troyka, dry terminals in Novosibirsk, Khabarovsk and Tomsk. FESCO operates more than 100,000 containers and more than 10,000 container platforms. FESCO’s fleet consists of 22 vessels deployed mainly on its own maritime service lines.