Universal Forwarder handled 18.6 million tonnes of cargo in 2017

Logistics, News, Trade and Commerce — By on February 13, 2018 at 9:09 PM

Moscow, Russia headquartered Universal Forwarder LLC (part of UCL Holding) in 2017 handled 18.6 million tonnes of freight, representing a 12% year-on-year growth which was driven primarily by dry bulk and general cargo volumes.

Volumes of dry bulk cargo rose 16.4% y-o-y to 11.5 million tonnes. The growth should be primarily attributed to increased exports of coal to 8.6 million tonnes (+20.2%) and grain to 2.6 million tonnes (+24.4%). In the reporting period, the company also increased exports of ferrous-based alloys to 144,400 tonnes (+160.2%). Transshipment of pet coke totaled 117,400 tonnes.

Transshipment of general cargo rose 4.6% to 6.4 million tonnes including 5.9 million tonnes of ferrous metal (+13.5%). In the general cargo segment, the company increased exports of pellets by 42.2% to 290,700 tonnes amid the EU energy policy focused on pellet fuel.

The last quarter of 2017 saw a continued decline in handling of equipment and mineral fertilizers which had a negative impact on the year-end results (down to 24,700 and 103,900 accordingly). Downward trend in mineral fertilizer volumes is attributed to the client’s partial shifting of this cargo flow to other sea terminals of the Baltic States. Transshipment of equipment fell following a reduction of procurement from foreign countries and redirection of some cargoes to other terminals of Russia.

Exports / imports share of the company’s total throughput in 2017 was 99.6% / 0.4%, accordingly.

In 2017, the company’s services on sea tonnage charter totaled 1 million tonnes.

About Universal Forwarder

Universal Forwarder LLC is a logistic services provider within the international transportation group UCL Holding. The Company is headquartered in Moscow and has offices in St.Petersburg, Tuapse, Taganrog and Ust-Luga. The range of services includes handling of project, general, Ro-Ro and other types of cargo at sea and river ports in Russia and elsewhere, as well as forwarding, agency, sea/river charter services and rail cargo delivery.

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