Klaipėda port turnover versus revenue

Sep 18 2009

„Taking into consideration the variety of the types of cargo in Klaipeda port, the dependence on presently handled transit cargo has lessened, and the dependence on expensive and the biggest value added creating general cargo has increased and non-ecological cargo – coal – is not handled in the port at all, during the first eight months we can observe the decrease of the volumes of cargo by 13,7 percent. But its worth mentioning the fact that comparing Klaipeda port turnover of the first and the second quarter of this year, cargo turnover is growing. Besides, comparing the revenues of the Port Authority during the respective periods of this year, the fall of only 4,8 percent can be observed“, – said Director General of the Port Authority Eugenijus Gentvilas.
 
 
Comparison
2009 / 2008,
2008 01-08
2009 01-08
%
Turnover
20,67 million tons
17,84 million tons
– 13,7 proc.
Revenue
85,43 million  Lt
81,31 million Lt
– 4,8 proc.
 
Following statistics data“
Turnover
During January-August 2009 17,84 million tons of seaborne cargo was handled in Klaipeda port, i. E by. – 13,7 percent less  or by 2,83 million tons less than during the same period 2008.
Revenue
During January-August 2009 the revenues of SE Klaipeda State Seaport Authority made 81,31 million Lt, i. e. by – 4,8 percent or by 4,12 million Lt less than during the same period 2008.
 
More about the reasons, predetermining cargo handling results of Klaipeda port you may find at : 
 
1. Klaipeda port handles expensive and the biggest value added giving general cargo (44,1 percent in 2009), and their demand is predetermined by  the changes in economics of our country and the neighbouring states. Comparison – in Riga port in 2009 the share of general cargo makes 24,1 percent, in Tallinn port – 23,2 percent, in Ventspils port – 8,6 percent. The consumption of this type of cargo decreases mosto f all together with the slow down of economics and vice versa, their demand starts to grow rapidly when economics is getting stronger. For example, in 2007 the turnover of general cargo, comparing to 2006, increased in Klaipeda port by 18,3 percent (+1,46 million tons), and this year the turnover of this type of cargo is by 23,1 percent (- 1,45 million tons) less than during the same period last year. 
 
Table 4. General cargo handling results of Baltic ports during January-August 2009 and during January-August 2008
 
 
January-August 2009
January-August 2008
Port
General cargo handling, thous. t
Percent of the total market
Generalcargo handling, thous. t
Percent of the total market
Klaipėda
4840,8
44,1 %
6290,4
43,1 %
Riga
2645,2
24,1 %
3373,5
23,1 %
Venstpils
939
8,6 %
1486
10,2 %
Tallinn
2550,7
23,2 %
3437,8
23,6 %
Total, thous. t
10975,7
100,0 %
14587,7
100,0 %
 
As the types of cargo of Kaliningrad, Klaipėda and Saint Petersburg ports differ slightly (in all ports expensive – general cargo makes a great share of the total turnover), in those ports the biggest negative changes can be observed in 2009 (in Kaliningrad port -26,4 percent, Saint Petersburg port -21,6 percent, Klaipėda port -13,7 percent).
 
2. Klaipėda port is the least dependent from transit cargo (not Lithuanian import/export). Transit cargo handling is of increased risk as national transport system companies make a limited influence on such cargo to be attracted to their ports. The biggest influence for the routes of this type of cargo, falls on transport policy of the countries via which territory the cargo is being transported by land. According to the results of the first half-year of 2009 Tallinn port handled ~90 percent of transit cargo, Ventspils port ~87 percent, Riga port ~84 percent, Klaipėda port – only 36 percent. The bigger part of transit cargo in Latvian and Estonian ports make raw materials (minerals) – oil products and coal.
 
3. Klaipėda port does not handle coal at all.
 
Table 5. Coal handling results of the Baltic ports during January-August 2009 and during January-August 2008
 
Ports
Coal handling, thousand tons
Comparison
2009 01-08/
2008 01-08, percent
Total turnover 2009, thous. t
Percent from the total turnover
Riga
10097,4
+14,3 %
20093,9
50,3 %
Venstpils
3789,0
+32,3 %
19089,0
19,8 %
Tallinn
828,0
2,6 times
20775,0
4,0 %
Klaipėda
0
17840,7
0,0 %
Total, thous. t
14714,4
 
77798,6
 
 
 
 
Klaipėda State Seaport Authority
Public Relations
Geda Marozaitė
tel. +370 46 499 708, mob. +370 615  30536

Klaipėda port turnover versus revenue

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