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Date: 07/05/2024

Russian marine container market increases in Q1
 
The Russian marine container market has increased by 17.7 per cent in Q1 2024. As a result, the Q1 2024 container throughput at Russian marine terminals was 0.5 per cent higher than in Q1 2021 and only 1.1 per cent lower than in Q1 2022, reflecting a steady recovery of the Russian container market. In Q1 2024, rapid recovery in the Baltic basin continued and container throughput at Baltic terminals almost doubled to 409,000 TEU. The share of the Baltic basin in the Russian market increased to 32 per cent in Q1 2024 from 19 per cent a year earlier. Consolidated container throughput of Global Ports’ marine terminals increased to 297,000 TEU in Q1 2024, or by 12.4 per cent quarter-on-quarter (QoQ) and 59.4 per cent year-on-year (YoY). These rates significantly exceed market growth for the same period, said a report.
 
 

Source : Our Correspondent

 



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