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Fesco moves record amount of boxes as Vladivostok suffers dip

Author:   Posttime:2022-09-23

RUSSIAN intermodal transport operator Fesco achieved record traffic volumes of 144,000 TEU on international lines in the first half of the year, reports London's Port Technology.

Record numbers were produced by its lines from countries of Southeast Asia to the Far East with the first half's 144,000 TEU, up 21 per cent year on year.
Fesco also achieved record volumes of refrigerated cargo. Total volume amounted to 19,000 TEU, which is 35 per cent higher than in 2021.
In terms of its operational performance, the group posted a decline in transshipment volumes via the Commerical Port of Vladivostok to 345,000 TEU, a year-on-year decrease of five per cent.
Intermodal transportations also came to 244,800 TEU, an increase of 10 per cent over the 222,100 TEU over the first half of 2021. The achievement was due to development of geography of transportations, increase of container fleet and fitting platforms.
The company's EBITDA finished in the amount of RUB37,969 million (US$630,000), which is more than double the level of the same period in 2021.
In its asset investment, the total container fleet in operation has been increased by 3,184 units; and the fleet of fitting platforms has been replenished with 1,723 units of 80-foot platforms.

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