News

Q1 2025 Operational Results

International Joint-Stock Company Global Ports Investments (“Global Ports” or the “Company”, together with its subsidiaries and joint ventures – the “Holding”, part of the Delo Group) today announces its operational results for Q1 2025.

In Q1 2025, Russian marine container market increased by 2.5% y-o-y. Total container throughput at Russian marine terminals amounted to 1,376 thousand TEU compared to 1,343 thousand TEU in Q1 2024. At the same time, the trend towards redistribution of demand for marine container handling in favour of the Baltic basin (+12.7% y-o-y) continued, while container throughput in the Far East basin decreased by 6.6% y-o-y.

In Q1 2025, consolidated container throughput of Global Ports’ marine terminals grew at the market level, or by 2.5% y-o-y, and amounted to 304 thousand TEU.

Consolidated marine non-containerised cargo throughput slightly decreased by 3.2% y-o-y and totalled 1.7 million tonnes in Q1 2025. The significant increase in fertilizer throughput (+30.6% y-o-y to 1.2 million tonnes) was not enough to fully compensate the decline in coal handling (-61.1% y-o-y to 0.3 million tonnes) due to the weak market conditions on foreign coal markets and the decrease in Russian coal export volumes, as a whole.

The Holding intends to further increase the handling of mineral fertilizers and invests in the corresponding infrastructure. In Q1 2025, the Company launched a specialised facility to handle bulk cargo using container technology at the Petrolesport terminal. The capacity of this new bulk cargo terminal is 2.4 million tonnes per year. < Back to list