Ust-Luga Put Pressure on the Market
New container port appeared in the Baltic as two terminals started TEU handling in Ust-Luga.
The figures so far are not great, but best sales teams appointed to both ULCT and Yug-2 will work actively to change the market.
Last year the container industry did not feel any difference as Yug-2 management specialised on handling cars and heavylift, and Ust-Luga Container terminal got started just two days before the year-end. But in the short term the new port will bring changes to all the Baltic container services and ratings.
The Russian consumer trend is on the rise. With Ust-Luga and the recently launched Container Terminal St. Petersburg Russia’s share in the Baltic traffic is set to grow.
All in all the Russian container terminals handled some 38% of the Baltic container traffic in 2011.
The Baltic and Black Sea port ratings with container lines’ market shares, St. Petersburg terminals rating and detailed statistics for all Russian container ports are available in SeaNews’ “Russian Container Market 2011” report.
The research was sponsored by National Container Company, Global Ports and Commercial Sea Port of Ust-Luga.