The study’s findings were presented by Mr Vladimir Savchuk, IPEM’s deputy director general, at an E&Y event held to mark its “Review of the Freight Transportation Industry in Russia” survey, which took place on November 1 in Moscow.
In addition, IPEM analysed the requirement for freight wagon owners to renew their fleets as well as possible growth in the cost of their services.
Hopper wagons, which account for 10% of the overall fleet size, have the greatest proportion in need of renewal - 76% of current fleet. Only 21% of the tank wagon fleet used for the transport of liquefied hydrocarbon gas (LHG) requires renewal, the lowest figure for a particular wagon type.
IPEM says the greatest increase in prices in the next three years will come from the owners of flat wagons for container transport where a 20% increase is expected. Covered wagons and tank wagons for transport of LHG are expected to experience a 10-20% increase.
There are 1.1 million freight wagons currently in operation in Russia, with gondolas accounting for the greatest proportion of the fleet - 47%, or 509,000 units. Other major types of freight wagons include tank-wagons with a share of 248,000 (23%), flat wagons with 128,000 (12%), hoppers with 108,000 units (10%) and covered car wagons with 55,000 units (5%).
A significant proportion of the wagon fleet is leased with the 10-largest leasing companies holding more than 360,000 units, or 33% of the total.