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"The market has completely changed"

"The market has completely changed"

Anatoly Lazarev, Managing Director of Vostochny Port OJSC:

- In our industry it is difficult to make plans for more than five years. This is due to the fact that the market for stevedoring services is very lively, although it is interesting to work with him because of this. 

It is difficult to plan projects for several years ahead, because the market is changing. Remember, even 10 years ago, no one could have imagined that there would be such an increase in interest in coal products. The priority was the export of metal, import of cars, import of equipment. Only a decade has passed - the period is short, but the market has completely changed. There is no such stream of imported cars, and, probably, this is good, since we are creating production inside the country, and these are already global tasks set by the country's leadership. But at the same time, the conjuncture of the stevedore market has changed, something new has appeared, now it is coal. 

It will take another five years, but what will be unshakable is that we remain leaders in coal handling, we know how to do it, and we are infrastructure-ready for this. What will we do on the site of our universal complex? It is quite possible that we will find new partners as shippers or consignees. The market is lively and mobile, but we constantly think about how we will develop further.


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