Cargo turnover of Azov-and-Don Basin ports triples in Jan.-Feb. 07, y-o-y
In January-February 2007, cargo turnover of the ports of Azov-and-Don Basin grew over three-fold, year-on-year, to 1.149 million tons (in 2006 – 362 thou tons), yugmedia.ru reports. Actual results exceeded plan by 21%, Azov-and-Don Basin Administration reported. According to the Administration’s representative, export of grain, oilseeds and derived products grew 2.9 times in January-February, 2007 to 566 thou tons (in 2006 – 189.5 thou tons). Export of coal grew from 33.3 to 238.5 thou tons (7.2 times), metal scrap – from 89.2 to 210.3 thou tons, (2.4 times). Increase of grain export should be attributed to growing demand and prices for grain at the work market. Besides, transportation by water is quite cheap and easy. Growth of coal and metal scrap export is attributed to growing demand for these products in foreign countries. Besides, warm winter weather contributed to signing contracts for cargo transportation.
