Port of Odessa throughput projected to rise by 11% this year

Odessa - In the long term, the country’s ports might benefit from Ukraine’s newly adopted seaports development strategy, which is aimed at the country’s seaports increasing their total cargo handling to 210mn tonnes per year.

figura intera

Odessa - Ukraine’s port of Odessa will continue holding the top position in the country’s maritime sector in terms of container throughput and one of the top positions in terms of total tonnage in 2014 after overtaking the port of Illichivsk in terms of boxes handled in 2010. The operator of the container facility at the port, HPC Ukraina, the Ukrainian unit of Germany’s Hamburger Hafen Und Logistik AG (HHLA), is seeking to increase the port’s role in the global container shipping sector by developing it into a direct port of call, thereby decreasing Ukraine’s reliance on the Romania’s port of Constantza for its box transhipment.

Over the medium term, we project further growth in terms of total throughput at the port of Odessa and both in terms of total and box throughput in Illichivsk, Ukraine’s second largest container facility, where UTC resumed its operations. In the long term, the country’s ports might benefit from Ukraine’s newly adopted seaports development strategy, which is aimed at the country’s seaports increasing their total cargo handling to 210mn tonnes per year and their combined annual throughput capacity boosted to 250mn tonnes by 2038, although these figures might be adjusted for the loss of Crimean ports.

Headline Industry Data

* 2014 port of Odessa tonnage throughput forecast to grow 11%, over the medium term we project a 20% increase.

* 2014 port of Gdansk container throughput forecast to decline by 10%, over the medium term we project a 3% decrease.

* 2014 total trade growth forecast at 4.97%.

Key Industry Trends

Odessa Increasing Its Container Shipping Role: The Port of Odessa is achieving its pledge to offer shippers greater direct service route options, handling its largest containership to date, the 9,400 TEU CMA CGM Danube. The new ship will boost capacity along the 18 stop service on the Bosphorus Express (BEX) route. This reinforces our view that Odessa is getting better connected to the global liner shipping network and that despite some… The Ukraine Shipping Report has been researched at source and features latest-available data and Business Monitor International (BMI)’s independent forecasting, critically analysing international transport of dry bulk and containers. The report evaluates the global commodities and trade backdrop, alongside in-depth country-specific analysis of trade prospects. The report also contains company profiles covering leading multinational and national shipping companies and analysis of latest industry news, trends and regulatory developments in Ukraine. BMI’s Ukraine Shipping Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the shipping industry in Ukraine.

(Source: Bmi)

©RIPRODUZIONE RISERVATA

Argomenti: