• 2018 December 17 17:15

    NCSP Group's consolidated cargo turnover for January-October totaled 116,946 thousand tons

    NCSP Group reports that the consolidated cargo turnover of the Group's terminals for January–October 2018 decreased by 2.4% respecting the same period of the last year and amounted 116,946 thousand tons.

    Main drivers: Growth trends in transshipment of oil products and grain remained positive (+12.4% and +22.7% respectively); Cargo turnover of ferrous metals and cast iron increased (+11.3%) due to the increase in deliveries to Europe and Southeast Asia; Reduction in crude oil transshipment by 13.6% due to the redistribution of oil exports from the West to the East, as well as due to an increase in the load of Russian refineries;

    In January–October 2018, transshipment of liquid cargo at NCSP Group's terminals decreased by 6.1% or 5,496 thousand tons and amounted to 83,944 thousand tons, including 54,879 thousand tons of crude oil; 28,176 thousand tons of oil products; 646 thousand tons of UAN, and 243 thousand tons of seed oils.

    Transshipment of crude oil decreased by 13.6% or 8,618 thousand tons, including in Novorossiysk (decrease by 9.6%) and Primorsk (decrease by 16.2%). At the same time, transshipment of oil products increased by 12.4% or 3,106 thousand tons, which is 8.2 p.p. higher than the industry growth rate (according to Association of Commercial Sea Ports (ASOP)).

    Transshipment of liquid fertilizers (UAN) increased by 24.1%, transshipment of seed oils, on the contrary, decreased by 31.2% compared to the same period in 2017.

    In January–October 2018, transshipment of bulk cargo at NCSP Group's terminals increased by 7.1% or 960 thousand tons compared to the same period last year and amounted to 14,534 thousand tons.

    Bulk cargo turnover increased mainly due to the growth of grain transshipment volumes against the background of high yield in the last grain season (2017/2018) and record exports in the first month of the new season (2018/2019), which was facilitated by the excitement in the grain market caused by the news about the drought in the agricultural regions of Europe and Australia.

    Transshipment of grain increased by 22.7% or 1,975 to 10,657 thousand tons. The volume of iron ore raw materials transshipment remained almost the same, having amounted to 2,011 thousand tons. Transshipment of coal decreased by 27% or 464 thousand tons to 1,254 thousand tons due to lower purchasing power of consumers in Turkey amid ongoing devaluation of Turkish lira. According to Argus Media, high-quality Russian coal is replaced with lower quality and lower cost coal or with petroleum coke.

    Transshipment of chemical cargo and raw sugar amounted to 457 and 155 thousand tons, respectively.

    Despite the growth of transshipment volumes, the share of NCSP Group in grain turnover of Russian ports increased (1.3 times, according to ASOP), which is caused by a significant increase in exports of grain through small ports of the Azov Sea.

    In January–October 2018, transshipment of ferrous metals and cast iron increased by increased by 11.3.% or 1,130 thousand tons and reached 11,165 thousand tons. Transshipment of nonferrous metals, timber and perishable cargo amounted to 826 thousand tons, 262 thousand tons and 173 thousand tons, respectively.

    In the reporting period, NCSP Group's container turnover amounted to 5,160 thousand tons or 515 thousand TEU, which is 5.1% in tons and 5.6% in TEU higher compared to the same period in 2017.

    In January–October 2018, transshipment of other cargo at NCSP Group's terminals amounted to 882 thousand tons, increasing 2,7 times due to the involvement of various cargo to transshipment, which are mainly cargoes shipped in big bags and special containers at the direct option. 

    NCSP Group is the largest port operator in Russia and the third largest in Europe, in terms of cargo turnover in 2017. NCSP shares are traded on Russia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). NCSP Group cargo turnover in 2017 totalled 143.5* million tonnes. Consolidated revenue to IFRS in 2017 totalled USD 899.8 million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, LLC Novorossiysk Grain Terminal, JSC Novorossiysk shiprepair yard, JSC FNCSP, JSC NLE, LLC IPP, LLC Baltic Stevedore Company, and JSC SFP.

     




2019 January 24

10:29 15 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 23-24
10:04 Port of Gothenburg container volumes up by 17 per cent in 2018
10:00 Brent Crude futures price down 0.36% to $60.92, Light Sweet Crude – down 0.38% to $52.43
09:41 Wilhelmsen Ship Management selected as the manager for Pardus Energy’s FSRU
09:37 Matthieu de Tugny takes helm at BV's Marine & Offshore division
09:18 Baltic Dry Index is down to 982 points

2019 January 23

18:27 Planning for 2020 IMO's sulphur cap has already started
18:13 Eagle Bulk receives commitment for a new credit facility totaling $208 million
18:02 Port of Gdansk (Poland) throughput in 2018 totaled 49.03 million tonnes, up 20.7% Y-o-Y
17:40 Andrei Malyarov elected as Chairman of Severnaya Verf shipyard's BoD
17:19 RWE files acquisition of renewables businesses of E.ON and innogy with European Commission
17:03 The Board of Directors of Fincantieri appoints a second General Manager
16:51 Ice restrictions at the port of Arkhangelsk come into effect on February 15
16:37 USCG interdicts smuggling boat with convicted criminals aboard off Florida
16:24 Regulatory issues related to operation of seaport infrastructure facilities to be discussed at the 2nd HES and Dredging Congress
16:08 First discharge of LPG from Ichthys LNG Project in Japan carried by “K” LINE’s VLGC “GRACE RIVER”
16:03 CMA CGM to launch its Med Pendulum Service (MPS)
15:46 Ice restrictions at the port of Vyborg (Leningrad Region) come into effect on February 6
15:33 Nakilat – Keppel welcomes first FSRU at the Erhama Bin Jaber Al Jalahma Shipyard
15:28 MHI Vestas achieves final turbine installation at Horns Reef 3
15:18 Rolls-Royce completes €57 million upgrade of Rauma thruster facility
15:03 NYK announces delivery of new coal carrier for Hokkaido Electric Power
14:33 Port of Oakland reports more ships than ever plugging into grid
14:20 Throughput of Port Vysotsky up 10.7% to 7.89 million tonnes in 2018
14:03 Kiel welcomes the TUI Cruises newbuilding
13:45 Admiralteiskie Verfi shipyard lays down large freezing trawler of Project СТ-192
13:27 Coast Guard’s only heavy icebreaker arrives at Antarctica
13:02 Rotterdam as a circular hub for the raw materials transition
12:58 The Russian Federation accedes to passenger compensation treaty
12:51 New initiatives to strengthen Singapore as a global maritime hub announced
12:37 SCHOTTEL presents new mechanical hybrid propulsion solution
12:04 Port of Riga cooperates with Balarusian forest industry to further increase its timber cargo volumes
11:42 15 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 22-23
11:16 OSG exercises option for second 204,000 barrel barge at Gunderson Marine
10:55 Maritime Security & Offshore Patrol Week 2019 to be held for the first time ever in Dubai, UAE by IQPC Middle East
10:37 N-KOM welcomes first FSRU at the Erhama Bin Jaber Al Jalahma Shipyard
10:20 Responsibilities for implementation of state programmes of the Russian Federation divided between Deputy Prime Ministers
10:06 Brent Crude futures price up 0.03% to $61.52, Light Sweet Crude – up 0.02% to $53.03
09:48 Aderco: Planning for 2020 has already started
09:43 Vympel Shipyard lays down yet another hydrographic vessel / buoy tender of Project 19910 for RF Navy
09:19 Baltic Dry Index is down to 1,036 points

2019 January 22

18:25 Elengy prepares the sale of access capacities to the Fos Tonkin LNG terminal for the period 2021-2030
18:05 Monjasa steps up as the 2nd largest local bunker supplier in the Panama Canal in 2018
17:54 Relampago practices skills with UAE Navy ship
17:35 CalMac takes over the tiller at Argyll Ferries
17:05 NYK gets the highest-rated ‘A’ for Climate Change by CDP Survey
16:42 RF Government proposed candidates to Novorossiysk Commercial Sea Port's BoD
16:23 Pilbara Ports Authority achieves a new record tonnage on a single tide at the Port of Port Hedland
15:56 Port of Rotterdam Authority and Rotterdam Port Promotion Council renew collaboration
15:46 ICTSI Subic hits milestone 200,000th TEU move
15:44 Growth seen in several sectors at ABP South Wales
15:28 KONTUR SPb ERT unit’s drills get thumbs up from Rosmorrechflot’s certification commission
15:22 First ship viaVerbrugge Terminals’ new permanent shipping line with South America docks in North Sea Port
15:00 Meyer Turku delivers New Mein Schiff 2 to TUI Cruises in Kiel
14:41 Jotun looks into expansion of ship coatings production in Russia
14:32 HHLA completes expansion of the container rail terminal Burchardkai
14:19 Bunker prices are flat at the Far East ports of Russia (graph)
14:02 North Queensland Bulk Ports Corporation opens the Port of Mackay for new bulk material trades
13:32 China Navigation to acquire the bulk shipping activities of Hamburg Süd
13:22 14 crewmembers of gas carriers which caught fire in the Kerch Strait confirmed dead, five missing