Transcript Document

5th Annual Dry Bulk Shipping Market Outlook Conference, 9th
and 10th September 2008, Crown Plaza London
Maritime Transportation from
CIS Countries
Vitaliy Smilyk
Head of Maritime Research Department, Metal Expert
Metal Expert in brief:
• Part of Information agency Metal Courier established
in 1994
• Reliable source of information on global steel and raw
materials markets
• Provider of daily news, weekly reviews, monthly
analytical bulletins, quarterly forecasts, special reports
and consulting services
• Organizer of several international steel and raw
materials and transportation conferences
• Offices in Dnipropetrovsk (Ukraine),
(Russia), and Houston (Texas, USA)
Moscow
Report`s structure:
1.
2.
3.
4.
Main cargoes handled in ports of CIS and Baltic States
Largest cargo owners of Russia and Ukraine and ports they
work with
Major destinations of Russian and Ukrainian exports
Freight markets of the CIS and Baltic countries
Part 1
Main cargoes handled in ports of CIS and
Baltic States
-
coal (83mt);
steel (57mt);
fertilizers (38mt);
grain (25mt);
iron ore (18mt);
timber (16.5mt);
construction cargoes (10.5mt incl.
5mt of clay);
-
scrap (9mt);
pig iron (7mt);
sulphur (6.5-7mt);
nonferrous metal ores (5mt);
nonferrous metals (4mt);
sugar (4mt – import and export);
coke (1mt)
Demand for vessels for cargo
transportation from CIS
Coal
Baltic Sea ports – 31.5mt
Azov and Black Sea ports – 21.8mt
Far East ports – 18.3mt
Northern ports – 11.2mt
Steel
Azov and Black Sea ports – 38mt
Baltic Sea ports – 8.3mt
Caspian Sea ports – 5.5mt
Far East ports – 4.8mt
Fertilizers
Baltic Sea ports – 20mt
Azov and Black Sea ports – 14mt
Northern ports – 2.8mt
Far East ports – 1mt
Grains
Traditionally, main volumes of grain cargoes are shipped from
Azov and Black Sea ports (20mt in 2007). Ports of Baltic Sea
basin worked 6.1mt.
Iron ore
Ports of Black Seas handled 17mt of iron ore in 2007, while
Baltic and Northern ports – only 1mt.
Kovdor GOK is boosting iron ore transportation through
Murmansk; above 1mt will be shipped from this port in 2008.
Timber
Baltic Sea ports – 7.8mt
Far East ports – 4.5mt
Northern and Caspian ports – 0.5mt each
Construction cargoes (including clay)
Azov and Black Sea ports – 8.5mt
Baltic Sea ports – 2mt
Scrap
Last year, CIS and Baltic ports handled some 9mt of scrap:
Baltic Sea ports – above 4mt; Azov and Black Sea ports –
some 3-4mt; Far Eastern ports – 1mt.
Pig iron
Azov and Black Sea ports – 4.7mt
Far East ports – 1.1mt
Baltic Sea ports – 1mt
Sulphur
Main volumes of sulphur exported from CIS are handled in
Azov and Black Sea ports – 6.5mt out of total 7mt.
Nonferrous metal ores
Azov and Black Sea ports – 3mt
Far East ports – 1mt
Nonferrous metal
Baltic Sea ports – 1.7mt
Azov and Black Sea ports – 1.5mt
Far East ports – 0.8mt
Sugar
Ports of CIS and Baltic States handled above 4mt of sugar (incl.
export and import). Main volumes were shipped from Azov
and Black Sea ports (3.5mt).
Summary
1 part
Largest ports of CIS and the Baltics
handling coal:
Vostochny Port – 16mt
Murmansk SMP – 11.2mt
Riga Free Port – 10.5mt
Rosterminalugol (Ust-Luga) – 6mt
Yuzhny SMP – 4mt
Tallinn Port – 3.7mt
Mariupol SMP – 3.7mt
Largest ports of CIS and the Baltics
handling steel:
Mariupol SMP – 8.4mt
Odessa SMP – 5.8mt
Novorossiysk Sea Merchant Port (SMP) – 5.3mt
Port of Saint Petersburg – 4.3mt
Nakhodka SMP – 3.6mt
Illyichevsk SMP – 3.3mt
Astrakhan Ports – 3.2mt
Largest ports of CIS and the Baltics
handling fertilizers:
Port of Saint Petersburg – 6.5mt
Klaipeda State Sea Port – 5.3mt
Yuzhny SMP – 3.6mt
Ventspils Free Port – 3.3mt
Transinvestservice (Yuzhny SMP) – 2.1mt
Murmansk SMP – 2.1mt
Largest ports of CIS and the Baltics
handling grain:
Novorossiysk Sea Merchant Port (SMP) – 6mt
Rostov Port– 2.4mt
Odessa SMP – 2.2mt
Transinvestservice (Yuzhny SMP) – 1.7mt
Special Economic Zone Liepaya– 1.2mt
Klaipeda State Sea Port – 1.2mt
Azov Sea Port (SP) – 1.1mt
Kherson SMP – 1mt
Largest ports of CIS and the Baltics
handling iron ore:
Yuzhny SMP – 4.5mt
Izmail SMP – 3.1mt
Illyichevsk SMP – 2.7mt
TIS-Ruda (Yuzhny SMP) – 1.2mt
Largest ports of CIS and the Baltics
handling timber:
Riga Free Port – 3mt
Khabarovsk Territory Ports – 2.8mt
Port of Saint Petersburg – 2.5mt
Novorosleseksport – 2mt
Largest ports of CIS and the Baltics
handling construction cargoes:
Mariupol SMP – 3.3mt (clay)
Kherson SMP – 1.7mt
Feodosiya SMP – 1mt (clay)
Klaipeda State Sea Port – 1mt
Largest ports of CIS and the Baltics
handling scrap:
Port of Saint Petersburg – 2.5mt
Rostov Port -1mt
Esteve (Tallinn) – 0.7mt
Klaipeda State Sea Port – 0.6mt
Largest ports of CIS and the Baltics
handling pig iron:
Yuzhny SMP – 1.8mt
Nakhodka SMP – 1mt
Odessa SMP – 0.6mt
Kaliningrad Sea Fishing Port – 0.6mt
Largest ports of CIS and the Baltics
handling sulphur:
Buzan-port – 1.9mt
Kerch SMP (roads) – 1.6mt
Mariupol SMP – 1.1mt
Ust-Donetsk SMP – 1mt
Part 2
Largest cargo owners of Russia and
Ukraine and ports they work with
Russia’s exporters
Coal
Shipper
SUEK
Port
Murmansk SMP
Vostochny Port
Riga Free Port
Port of Saint
Petersburg
Vysotsk Port
Ventspils Free Port
Tallinn Port
Azov Sea Port
Change y-o-y
(07/06)
7.4%
15.3%
15.4%
-36.3%
2007
21 964.5
8 480.2
5 834.7
1 870.1
2006
20 452.6
7 356.2
5 058.0
2 935.8
1 645.9
1 205.2
906.4
890.3
81.6%
35.4%
1 142.2
719.3
662
1 052.4
1 392.4
230.1
8.5%
-48.3%
187.8%
Russia’s exporters
Coal
Kuzbassrazrezugol
Riga Free Port
Vostochny Port
Ust-Luga SMP
Tuapse SMP
Ventspils Free
Port
Yuzhny SMP
Tallinn Port
18 001.6
4 975.2
3 091.6
2 986.1
2 196.0
18 276.0
4 291.6
3 511.8
1 196.8
3 043.5
-2%
16%
-12%
150%
-28%
1 162.4
1 586.8
1 174.1
387.8
2 181.9
2 456.5
200%
-27%
-52%
Ukraine’s exporters
Coal
Shipper
Sverdlovantratsyt
Port
Nikolayev SMP
Mariupol SMP
Berdyansk SMP
2007
1 284.1
511.6
409.7
312.3
2006
1 263.8
379.2
543.2
248.3
Change y-o-y
(07/06)
2%
35%
-25%
26%
Russia’s exporters
Steel semi products
Shipper
NLMK
Port
Novorossiysk SMP
Tuapse SMP
Port of Saint Petersburg
2007
2006
3 673.2
1 358.8
1 184.5
914
3 849.3
1 266.0
1 875.2
640
Change y-o-y
(07/06)
-5%
7%
-37%
43%
Russia’s exporters
Steel semi products
Shipper
ZSMK
Port
Nakhodka SMP
2007
1 677.7
1 485.1
2006
Change y-o-y
(07/06)
2 996.3
-44%
2 222.7
-33%
Russia’s exporters
Steel semi products
Shipper
NTMK
Port
Novorossiysk SMP
Nakhodka SMP
2007
1 634.2
662.4
467.4
2006
Change y-o-y
(07/06)
1 813.5
-10%
880.7
-25%
440.5
6%
Ukraine’s exporters
Steel semi products
Shipper
Azovstal
Port
Mariupol SMP
2007
2 563.3
2 117.2
2006
2 745.1
2 202.1
Change y-o-y
(07/06)
-6.60%
-3.90%
Ukraine’s exporters
Steel semi products
Shipper
Yenakievo
Port
Mariupol SMP
2007
2 208.7
1 664.2
2006
2 009.9
1 782.9
Change y-o-y
(07/06)
9.90%
-6.70%
Russia’s exporters
Finished steel products
Shipper
MMK
Port
Novorossiysk SMP
Eisk Port
Astrakhan Ports
2007
3 905.0
1 775.8
1 055.6
648.7
2006
4 955.2
2 194.5
1 076.2
486
Change y-o-y
(07/06)
-21%
-19%
-2%
34%
Russia’s exporters
Finished steel products
Shipper
NLMK
Port
Novorossiysk SMP
Kaliningrad SMP
2007
1 487.3
815.6
517.1
2006
1 375.2
688.8
536.9
Change y-o-y
(07/06)
8%
18%
-4%
Ukraine’s exporters
Finished steel products
Shipper
ArcelorMittal
Kryviy Rih
Port
2007
2006
Oktyabrsk SMP
Odessa SMP
3 618
1 521
1 238
3 730
845
1 249
Change y-o-y
(07/06)
-3%
80%
-1%
Ukraine’s exporters
Finished steel products
Shipper
Ilyich
Port
Mariupol SMP
Illyichevsk SMP
2007
2 743
871.5
720.4
2006
2 531.9
532.5
702.7
Change y-o-y
(07/06)
8%
64%
3%
Russia’s exporters
Fertilizers
Shipper
Uralkali
Shipper
Silvinit
Port
2007
3 250.4
2006
2 252.7
Port of Saint Petersburg
3 247.3
2 215.1
2007
2006
2 275.3
613.6
1 144.4
404.8
Port
Ventspils Free Port
NiKaTera (Nikolaev)
East Urals Terminal
2 199.3
822.1
815.7
405.2
Change y-o-y (07/06)
44%
47%
Change y-o-y (07/06)
-3%
34%
-29%
0%
Ukraine’s exporters
Fertilizers
Shipper
Azot (Cherkassy)
Yuzhny SMP
Transinvestservis
2007
1 346.2
882.4
381.7
2006
961.7
722.4
229.4
Change y-o-y
(07/06)
40%
22%
66%
Yuzhny SMP
NiKaTera
1 109.8
838.3
237.5
1 182.2
746.6
180.9
-6%
12%
31%
Port
Stirol
Russia’s exporters
Iron ore
Shipper
Mikhaylovsky GOK
Yuzhny SMP
2007
3 342.4
2 594.0
2006
2 385.3
691
Change y-o-y
(07/06)
40%
275%
Yuzhny SMP
Odessa SMP
Riga Free Port
Nakhodka SMP
1 597.0
347.7
347.2
274.8
213.9
2 500.1
734.1
60
104.6
12.1
-36%
-53%
479%
163%
1674%
Port
Lebedinsky GOK
Ukraine’s exporters
Iron ore
Shipper
Poltavsky GOK
Port
2007
3 708.2
2 419.3
785.3
459.4
Izmail SMP
Yuzhny SMP
Transinvestservis
Severny GOK
Illyichevsk SMP
Nikolaev SMP
Odessa SMP
Yuzhny SMP
1 038.6
325.2
231
151.1
134.7
2006
3 989.2
2 234.7
1 474.0
0
625.1
141
48.2
70.7
0
Change y-o-y (07/06)
-7%
8%
-47%
-
66.2%
130.7%
379.4%
113.7%
-
Russia’s exporters
Pig iron
Shipper
Tulachermet
Port
Yuzhny SMP
Kaliningrad SMP
Illyichevsk SMP
Port of Saint
Petersburg
2007
2 450.7
1 273.4
314.9
234.7
2006
2 586.2
1 672.3
292.7
02.апр
Change y-o-y
(07/06)
-5.2%
-23.9%
7.6%
9781%
212.2
166.3
27.6%
Ukraine’s exporters
Pig iron
Shipper
Donetskstal
Port
Odessa SMP
Berdyansk SMP
Mariupol SMP
Makeevka
Illyichevsk SMP
Mariupol SMP
2007
2006
508.9
251.3
148.7
108.9
508.4
353
90.1
306.7
30.апр
46
209
185.1
7
65
Change y-o-y
(07/06)
66%
727%
223%
-48%
175%
4876%
39%
Russia’s largest grain exporters
in 2006-2007
Company
International Grain Company (Moscow)
Yugtranzitservice (Taganrog)
Rosinteragroservise
Agromarket-Trade
Cargill Yug
Aston
Yug Rusi
Louis Dreyfus Vostok
Lada-Gelendjik-Trans
Bunge CIS
Krasnodarzerno-Produkt-Expo
Volume, tonnes
2,281,726
1,158,777
1,109,792
889,483
570,153
568,149
527,115
408,102
345,697
336,067
269,582
Ukraine`s largest grain exporters
in 2006-2007
Company
Toepfer
Nibulon Trading b.v.
Glencore
Cargill
W.J. Grain
Bunge
Louis Dreyfus Negoce
Volume, tonnes
1,390,151
1,313,925
1,312,643
965,565
818,321
813,481
782,318
Part 3
Major destinations of Russian and
Ukrainian exports
Russian coal exports in 2007
Destination country
UK
Turkey
Japan
Ukraine
S.Korea
Finland
Netherlands
Poland
Germany
Romania
Belgium
Slovakia
Spain
Taiwan
‘000 tonnes
15153
11378
10945
10806
7018
5318
4598
3066
2877
2146
2045
1991
1611
1163
Ukrainian coal exports in 2007
Destination country
Bulgaria
Turkey
Moldova
Spain
Italy
‘000 tonnes
1'200
570
230
180
180
Russian steel semis exports in
2007
Destination country
Iran
Italy
Turkey
China
Denmark
USA
Taiwan
‘000 tonnes
2611
2149
1677
1449
977
952
604
Russian finished product exports
in 2007
Destination country
Iran
Turkey
Italy
Ukraine
Kazakhstan
Germany
India
‘000 tonnes
1852
1837
1362
1215
1161
1124
514
Ukrainian steel semis exports in
2007
Destination country
Italy
Turkey
Indonesia
USA
Egypt
Syria
‘000 tonnes
2358
1420
968
914
762
447
Ukrainian finished product
exports in 2007
Destination country
Russia
Turkey
Syria
Jordan
Algeria
UAE
Belarus
India
Iran
‘000 tonnes
2700
2420
1140
564
545
528
507
500
492
Russian fertilizers exports in
2007
Destination country
China
Brazil
Turkey
India
Mexico
Peru
Ukraine
Pakistan
Poland
‘000 tonnes
5115
3745
1350
866
700
663
580
500
500
Ukrainian fertilizers exports in
2007
Destination country
Turkey
Brazil
India
Mexico
Nigeria
‘000 tonnes
1401
1027
561
261
200
Geography of Russian grain
deliveries in 2006/07 MY
Destination country
India
Egypt
Bangladesh
Saudi Arabia
Italy
Turkey
‘000 tonnes
2457
2422
1077
876
538
474
Geography of Ukrainian grain
deliveries in 2006/07 MY
Destination country
Saudi Arabia
Turkey
Egypt
Israel
Spain
Tunisie
‘000 tonnes
3458
846
753
643
547
458
Iron ore
Ukraine and Russia – 11mt of iron ore to China
Pig iron
Russian - 2mt of pig iron to the USA
Part 4
Freight markets of the CIS and
Baltic countries
Azov-Black Sea Basin
Freight rates for 70,000-tonne shipment of iron ore concentrate from Yuzhny
port to northern Chinese ports, $/t
90
2006
80
2007
70
2008
60
50
40
30
20
jan
feb
mar
apr
may
jun
jul
aug
sep
oct
nov
dec
Traffic handling cost of 70,000-tonne shipment of iron ore concentrate from
Yuzhny Port to northern Chinese ports, $/t
15
14
13
12
2008
11
jan
feb mar apr may jun
jul
aug sep
oct nov dec
Freight rates for 3,000-tonne shipment of steel scrap from Rostov-on-Don to
Marmora Sea ports, $/t.
55
50
45
40
2006
2007
2008
35
30
25
20
jan
feb
mar apr may jun
jul
aug sep
oct nov dec
Traffic handling cost of 3,000-tonne shipment of steel scrap from Rostov-onDon to Marmora Sea ports, $/t
20
19
18
2008
17
jan
feb
mar apr may jun
jul
aug sep
oct
nov dec
Freight rates for 3,000-tonne shipment of grain from Azov to Alexandria, $/t
90
80
2006
2007
2008
70
60
50
40
30
20
jan
feb
mar apr may jun
jul
aug sep
oct nov dec
Traffic handling costs of 3,000-tonne shipment of grain (Azov- Alexandria),
$/t
18,5
18
17,5
17
16,5
16
2008
15,5
15
jan
feb mar apr may jun
jul
aug sep oct nov dec
Baltic and Northern Sea basin
Freight rates for 70,000-tonne shipment of coal from Murmansk to Liverpool,
$/t
40
35
30
25
20
2008
15
jan
feb
mar apr may jun
jul
aug sep
oct nov dec
Freight rates for 3,000-tonne shipment of steel products on route Saint
Petersburg – eastern British ports, €/t
35
33
2006
2007
2008
31
29
27
25
23
21
19
17
jan
feb mar apr may jun
jul
aug sep
oct nov dec
Handling cost of 3,000-tonne steel product shipment (Saint Petersburg –
eastern British ports), €/t
17
16
15
14
2008
13
jan
feb mar apr may jun
jul
aug sep
oct nov dec
Freight rates for 3,000-tonne steel scrap shipment (Saint Petersburg – northern
Spanish ports), €/t
50
2006
2007
2008
45
40
35
30
25
jan
feb mar apr may jun
jul
aug sep
oct nov dec
Handling cost for 3,000-tonne shipment of steel scrap shipment (Saint
Petersburg – northern Spanish ports), €/t
21
20
19
18
17
2008
16
jan
feb
mar apr may jun
jul
aug sep
oct
nov dec
The Caspian Sea
Freight rates for 3,000-tonne shipment of steel products from Astrakhan to
Anzali, $/t
60
55
50
45
40
35
30
25
2006
2007
2008
20
15
10
jan
feb mar apr may jun
jul
aug sep
oct nov dec
Traffic handling cost of 3,000-tonne shipment of steel products from
Astrakhan to Anzali, $/t
15
14,5
14
13,5
2008
13
jan feb mar apr may jun
jul aug sep oct nov dec
Far Eastern basin
Freight rates for 70,000-tonne shipment of coal from Vostochny to Japan, $/t
22
20
18
16
14
12
2008
10
jan
feb
mar apr may jun
jul
aug sep
oct nov dec
Freight rates for 3,000m3 shipment of plank timber from Nakhodka to the
western ports of Japan, $/m3
22
20
18
16
14
12
2006
2007
2008
10
jan
feb mar apr may jun
jul
aug sep
oct nov dec
Traffic handling costs of 3,000m3 shipment of plank timber from Nakhodka to
the western ports of Japan, $/m3
10
9
8
2008
7
jan
feb mar apr may jun
jul
aug sep
oct nov dec
Conclusion
Products
- Raw materials (scrap, pig iron, DRI / HBI, iron ore,
coal, coke, ferro-alloys)
- Steel Semis (slab, billet, pipe billet)
- Finished steel products (flats, longs, pipes)
- Freight
Market & industry news, analysis,
statistics, price database
Regions
- Turkey
- CIS (Russia, Ukraine, Kazakhstan)
- Europe: South Europe (Italy, Spain), Central Europe
(Poland, Romania, Czech, Slovakia), Balkans (Bulgaria,
Serbia, Albania, Bosnia)
- Middle East (Iran, UAE, Syria, Saudi Arabia, Jordan) &
North Africa (Egypt, Algeria)
- India
- US
- China
- Southeast Asia (Taiwan, Thailand, Vietnam,
Philippines, Singapore)