The Russian container line’s international box trade reached 257,707teu in the year to 30 September, while box throughput at FESCO’s Vladivostok commercial sea port stood at 338,769teu, representing growth of 8%.
FESCO VP for corporate communications Stanislav Vartanyan said: “We view the results for the first nine months of 2012 very positively and we are continuing to see a strong demand growth for the integrated services we offer on the South-east Asia and Russia trade.
“Services on this route are our flagship product, and demand is very high there, as shown by a high capacity utilisation on both our bi-lateral shipping lines and rail container trains,” he added.
In the reporting period, rail container transport amounted to 198,973teu, an 8% increase on the first nine months of 2011, while non-box rail freight stood at 18.5 mlllion tonnes, down 4% year-on-year.
Reefer cargo contributed another 35,917teu, a rise of 38%, while intermodal transport and freight forwarding grew 5% year-on-year to reach 151,193teu.
FESCO’s shortsea services mainly operate to/from Russia’s eastern seaboard ports (ie, intra-Asia), and between northern European ports and St Petersburg.
Its cross-trade deepsea services were sold to Hamburg Süd in 2007, for which the company may well now be thankful, given the dismal state of the Asia-Europe trade.
Container Trades Statistics data, compiled from container lines’ own liftings, shows overall Asia-Europe box traffic dropped 1.7% to 1.1 million teu in September, the result of the lacklustre peak season.