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Russian Ports’ Cargo Volume Grows 5.2% in January-May Period

Russian ports handled 5.2 percent more cargo in the first five months of the year than in the same period in 2011 as coal and metals exports increased, the Association of Commercial Seaports said today.

Total turnover at the country’s terminals grew to 224.6 million metric tons, the Moscow-based organization said in an e- mailed statement.

Coal shipments rose 12 percent to 34.7 million tons, while iron ore dispatches increased 13 percent to 12 million tons. Crude-oil loadings fell 4.8 percent to 79.4 million tons, while oil-product shipments climbed 1.7 percent to 44.2 million tons.

To contact the reporter on this story: Jake Rudnitsky in Moscow at jrudnitsky@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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