Bloomberg News

Russian Railways Says 220 Trains Wait to Unload at Terminals

February 13, 2009

OAO Russian Railways said 220 trains are waiting to be unloaded at the country’s ports because of bottlenecks caused by a lack of ships and an accumulation of private rail cars near sea terminals.

A meeting took place yesterday with representatives of OAO Siberian Coal Energy Co., OAO Mechel (MTLR) and other companies to discuss a situation that demands an “urgent response from all sides,” Moscow-based Russian Railways, the national rail monopoly, said today in an e-mailed statement.

The company said Feb. 10 that 100 trains carrying as much as 360,000 metric tons of coal were waiting to be unloaded at ports in Russia’s Far East.

Bottlenecks now include 150 trains in the Far East, 25 near the Barents Sea port of Murmansk and 31 in the direction of the Northern Caucasus in southern Russia. Congestion remains most severe at Posiet and the port of Vostochny in the Far East, the Black Sea port of Novorossiysk and Temryk on the Azov Sea.

Russian Railways advised shipping companies to redirect rail deliveries of coal to Azov, the Baltic ports of Vysotsk and Ust- Luga, Tuapse on the Black Sea and Ukrainian terminals.

To contact the reporter on this story: Paul Abelsky in St. Petersburg at pabelsky@bloomberg.net.

To contact the editor responsible for this story: Chris Kirkham at ckirkham@bloomberg.net


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