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Press Release

Volga Shipping Reports Cargo Operations Results

In 2010 navigation period (April,1st through December,1st) cargo fleet of Volga Shipping delivered 5.5 mln. tons of cargoes by the inner waterways of Russia, this index is 21% higher than the previous year results. The company's freight traffic came up to 8 billion tkm. which is 13% more than 2009 year results.

The ratio of inner and export cargo deliveries in the total freight volume was 36% and 64%, correspondingly.

The volume of export cargo delivered with transshipments in river estuary and sea ports increased by 107 thousand tons (+3%) and came up to 3.5 mln. tons. As for inland cargo transportations, they also grew by 70% in comparison with year 2009 and came up to 2 mln. tons.

The operating capabilities grew due to the increase of sulfur transportations volume up to 1.5 mln. tons (+41% to the level of year 2009) and due to the fact that transportation of construction materials (break-stone and sand-gravel aggregate) went up to 1.5 mln. tons (two times more than in 2009).

Volumes of other cargo transportations remained on the same level, as they were last year.

Reference: Joint Stock Volga Shipping Company - a biggest shipping company of Russia - was founded in 1843. The company performs cargo and passenger transportations by rivers and lakes of Russia. Volga Shipping, JSC makes part of VBTH holding the chief stockholder of which is the Universal Cargo Logistics Holding international group of transport companies which  includes a number of Russian carrier, stevedoring and shipbuilding businesses.

Fleet of Volga Shipping includes 250 passenger, cargo and short-sea cargo vessels. During navigation 2009, the company delivered 4,5 mln. tons of cargoes and 359 thousand passengers. In 2010 navigation period 188 cargo vessels operated. Among them there were 72 Volgo-Don type cargo carriers, The Omsky motorship, 49 push tug boats and 66 dry cargo vessels.


2011-01-13

Please see Volga Shipping, Joint Stock Company company electronic office

Head of mass media Department
Vinogradova Natalja
Tel./Fax: +7 (831) 461-80-11
e-mail: press@volgaflot.com

JSC "Volga Shipping" is integral to the holding VBTH, a dry-cargo division of the international transport group Universal Cargo Logistics Holding (the majority shareholder of the VBTH), consolidating a number of Russian railway, stevedoring and logistic companies.

Transportation Assets Management (T.A. Management)
- the managing company of  UCL Holding
Tel.: +7 495 933 0609  
Fax:  +7 495 933 0605  
E-mail: reception@tamcom.ru

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