Russian Seaport Cargo Volumes Set up a New Record

The turnover of goods of seaports of Russia for the first time in history exceeded the mark of 700 million tons per year, reports local .media

News ID: 71869

Date: 25 January 2017 - 10:43

According to MANA, even a drop in foreign exports did not impact freight handling volumes, which grew over the last decade. Total turnover increased 77.4 percent between 2006 and 2016.

According to figures released by the Russian Maritime Ports Association, the sector's overall turnover rose 6.7 percent in 2016.

Arctic region ports posted the strongest growth in freight traffic in 2016, up by as much as 40.6 percent.

A key factor in this dynamic increase was a 120 percent rise in the handling of liquid cargoes to 23.1 million tons.