The Port of Tallinn's cargo transit numbers are slowly recovering from their crisis-induced drop.
TALLINN — The Port of Tallinn’s cargo transit numbers are slowly recovering from their crisis-induced drop, as the transit from Russia and Kazakhstan to other Europe’s largest harbors like Hamburg and Rotterdam, is going up.
The haul capacity through [private_supervisor]the port increased 15.7 percent to 14.9 metric tons in the five-month period from January to May 2010, in comparison to the same period last year, when the economic downturn took over most of the countries. In May traffic shot up the furthest, at 3.20 metric tons with is 31 percent higher than May 2009.
Sven Ratassepp, chief communications officer at the Port of Tallinn said the increase has been primarily boosted by additional oil transport, which grew by 3.7 percent in the five month-period. Meanwhile the transportation of fertilizers, coal, grain, gravel doubled and the number of passengers increased to 2.75 million passengers used Tallinn port in five months, 6.4 percent more than a year ago.
However, Ratassepp does not expect a rapid growth and said that the numbers recover slowly.
“We are pretty conservative [in our expectations], and do not see any rapid growth, something that would take the numbers to the level of year 2005 or 2007,” Ratassepp told Baltic Reports.
Last year the port handled only 12.88 million metric tons in the five-month period. [/private_supervisor] [private_subscription 1 month]the port increased 15.7 percent to 14.9 metric tons in the five-month period from January to May 2010, in comparison to the same period last year, when the economic downturn took over most of the countries. In May traffic shot up the furthest, at 3.20 metric tons with is 31 percent higher than May 2009.
Sven Ratassepp, chief communications officer at the Port of Tallinn said the increase has been primarily boosted by additional oil transport, which grew by 3.7 percent in the five month-period. Meanwhile the transportation of fertilizers, coal, grain, gravel doubled and the number of passengers increased to 2.75 million passengers used Tallinn port in five months, 6.4 percent more than a year ago.
However, Ratassepp does not expect a rapid growth and said that the numbers recover slowly.
“We are pretty conservative [in our expectations], and do not see any rapid growth, something that would take the numbers to the level of year 2005 or 2007,” Ratassepp told Baltic Reports.
Last year the port handled only 12.88 million metric tons in the five-month period. [/private_subscription 1 month] [private_subscription 4 months]the port increased 15.7 percent to 14.9 metric tons in the five-month period from January to May 2010, in comparison to the same period last year, when the economic downturn took over most of the countries. In May traffic shot up the furthest, at 3.20 metric tons with is 31 percent higher than May 2009.
Sven Ratassepp, chief communications officer at the Port of Tallinn said the increase has been primarily boosted by additional oil transport, which grew by 3.7 percent in the five month-period. Meanwhile the transportation of fertilizers, coal, grain, gravel doubled and the number of passengers increased to 2.75 million passengers used Tallinn port in five months, 6.4 percent more than a year ago.
However, Ratassepp does not expect a rapid growth and said that the numbers recover slowly.
“We are pretty conservative [in our expectations], and do not see any rapid growth, something that would take the numbers to the level of year 2005 or 2007,” Ratassepp told Baltic Reports.
Last year the port handled only 12.88 million metric tons in the five-month period. [/private_subscription 4 months] [private_subscription 1 year]the port increased 15.7 percent to 14.9 metric tons in the five-month period from January to May 2010, in comparison to the same period last year, when the economic downturn took over most of the countries. In May traffic shot up the furthest, at 3.20 metric tons with is 31 percent higher than May 2009.
Sven Ratassepp, chief communications officer at the Port of Tallinn said the increase has been primarily boosted by additional oil transport, which grew by 3.7 percent in the five month-period. Meanwhile the transportation of fertilizers, coal, grain, gravel doubled and the number of passengers increased to 2.75 million passengers used Tallinn port in five months, 6.4 percent more than a year ago.
However, Ratassepp does not expect a rapid growth and said that the numbers recover slowly.
“We are pretty conservative [in our expectations], and do not see any rapid growth, something that would take the numbers to the level of year 2005 or 2007,” Ratassepp told Baltic Reports.
Last year the port handled only 12.88 million metric tons in the five-month period. [/private_subscription 1 year]
— This is a paid article. To subscribe or extend your subscription, click here.
