MMK improves sea shipping logistics

30 September 2015 (09:04)

UrBC, Chelyabinsk, September 30, 2015. Magnitogorsk Iron & Steel Works (MMK) took part in a conference on freight forwarding in the Black and Caspian Sea basins in Batumi, Georgia.

MMK Senior Transport Management Director Rustam Giniyatullin presented his report on metallurgical cargo, its volume, key shipping destinations, current priorities, and forecast for 2015-2016.

MMK keeps trying to improve its sea shipping logistics. For one, uniting sets of cargo into larger shipping lots results in decrease in costs and the time it takes to process cargo at the port of loading. So the company’s average shipment from POL in Novorossiysk keeps increasing in size. MMK uses a wide range of vessels for its metallurgical cargo, from coasters (deadweight 3,000 to 6,000 tonnes) to handysize vessels (deadweight 15,000 to 35,000 tonnes). Starting from 2011, an average shipping lot increased by 1.5 times, from 6,000 tonnes to 9,000 tonnes, which results in considerable shipping savings for the company.

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