Russia: throughput of Neva-Metal flat in Q1 2017

In January-March Neva-Metal CJSC (stevedoring company of Severstal) handled about 800,000 tons of cargo, which is close to the result of January-March 2016, the company reported. Container handling totaled about 23,000 TEUs. CJSC Neva-Metal is a part of a transport division of Severstal Russian Steel of Severstal Group. Neva-Metal specializes in transshipment of containerized and…

Russia: TogliattiAzot 2016 RAS net profit down

The net profit of Russian chemicals company TogliattiAzot dropped by about 94%, to 1.283 billion rubles in 2016, as calculated under Russian Accounting Standards (RAS), the company said in a statement. Revenue declined by 30%, to 44.35 billion rubles. Sales profit went down by 73%, to 7.34 billion rubles and pretax profit fell by about…

Russia: NCSP turnover flat in January-February 2017

NCSP Group says its consolidated cargo turnover for January-February comprised 23800 thousand tons, in line with first two months of 2016. Transshipment of cargo in February totaled 11130 thousand tons versus 12670 thousand tons in January, mostly because February was a shorter month also beset by adverse weather. In February storm warnings at the port…

Russia: net capital outflow up in January-February 2017

Russia’s net private capital outflow increased by 6.3% YoY, to $5.1 billion in January-February, the central bank said in a statement.

In January-February 2016, Russia’s net private capital outflow stood at $4.8 billion. (Prime/Business World Magazine)

Russia: GDP to grow by 0.6% in January-March 2017

Russia’s gross domestic product (GDP) is expected to grow by 0.6% in January-March and by 0.8% in April-June excluding seasonality, the central bank’s forecasting department said in a research note on March 6, revising its previous estimations of a 0.4% and 0.5-0.6% growth respectively. The estimate for the second quarter is based on a Urals…

Russia: Vladivostok SFP fish throughput up in 2016

In January-December 2016 Vladivostok Sea Fishing Port (Vladmorrybport OJSC) handled 327,000 tons of fish cargo (up by 6.3% YoY) Transshipment of containers totaled 142,364 TEUs (+10.3%); metal scrap – 376,700 tons (+30.3%); dry bulk cargo – 926,200 tons (+51.6%). Over the year the port handled 781 vessels (including 210 vessels with fish and supplies) and…

Russia: Krasnoye Sormovo shipyard completed first series of TSHD1000 ships

Krasnoye Sormovo shipyard (United Shipbuilding Corporation) has completed the series of Russia’s first dredgers of TSHD 1000 design having delivered the Kadosh to FSUE Rosmorport. Launched on October 5, the Kadosh successfully underwent mooring and sea trials. The acceptance/delivery certificate has been signed at the beginning of December. The Kadosh is intended for operation at…

Russia: 7% cell clients change operators in H1 2016

About 7% of Russian mobile subscribers changed their operators in January-June as compared to 4-5% of users who switched to other operators within six months in several previous years, according to a Deloitte research. Deloitte polled 2,000 respondents across the country at the age of 18-60 years. The indicator included the mobile number portability (MNP)…

Russia: ATB units not allowed to sail within water area of Big Port St. Petersburg

ATB units are not allowed to sail within water area of Big Port St. Petersburg from November 21 under the order of Port Harbour Master Aleksandr Volkov.

The decision was made amid deterioration of ice situation, subzero temperatures and ice forecasts for the water area of Big Port St. Petersburg. (Portnews/Business World Magazine)

Russia: coal exports up in January-October 2016

In January-October Russian coal exports climbed by 20.2% YoY, to 135,772,130 tons, the Ministry of Energy statistics said.

In October, coal exports totaled 14,683,100 tons.

Coal production in October totaled 33,186,500 tons (27,907,900 tons supplied). (Portnews/Business World Magazine)