UWC sets up tank container division

Russian railcar manufacturer United Wagon Company, has established UNICON 1520, a transport company to provide tank container and container shipments.

UNICON 1520 will specialise in arranging transport services and multimodal logistics of bulk, including hazardous cargoes. Tank containers for chemical, petrochemical freights and liquefied hydrocarbonic gases, as well as container flat cars with increased load capacity, including those manufactured by railway holding RPC UWC, will form the core of the new company’s fleet.

UNICON 1520 will render shipping services both inside and outside Russia, in the CIS countries, Southeast Asia and the Middle East.

First Deputy CEO for General Management at UWC, Dmitry Bovykin said: “We see a high potential of growth in container shipment, including transportation of bulk cargoes by tank containers. The creation of a specialised operator will only further promote flat cars with increased load capacity.”

Market experts forecast a stable trend towards more containerisation of cargoes in segments with high write-off rates of tank cars within the next five years, according to UWC. Unlike a freight car, a tank container is more practical in terms of the range of cargoes that can be shipped. Therefore, tank containers could be used to carry some 4.5 million tons of petrochemical freight annually, currently shipped otherwise.

For more information visit www.uniwagon.com

2nd May 2017