Following the 1Q results CTSP retains its market share at 32% among other container terminal operators in the ports of St. Petersburg and Ust-Luga. Russia's Container Terminal St Petersburg (CTSP), a subsidiary of Netherlands-based UCL Group, has reported record 7.8% YoY growth for Q1, handling 168,500 TEUs. CTSP also broke its monthly throughput record in March, with 64,802 TEUs, 15% more than the same month last year. The company is now shipping over half of all containers to Europe, and expects that figure will rise further this year as it continues to expand capacity at CTSP, which opened in 2014. Last year, CTSP container throughput reached 643,700 TEUs.
Russia's Container Terminal St Petersburg (CTSP), a subsidiary of Netherlands-based UCL Group, has reported record 7.8% YoY growth for Q1, handling 168,500 TEUs. CTSP also broke its monthly throughput record in March, with 64,802 TEUs, 15% more than the same month last year. The company is now shipping over half of all containers to Europe, and expects that figure will rise further this year as it continues to expand capacity at CTSP, which opened in 2014. Last year, CTSP container throughput reached 643,700 TEUs.