• 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 June 19

09:15 Baltic Dry Index is up to 1,135 points

2019 June 18

18:36 Spotlighting IMO's actions on climate change
18:31 Transborders Energy signs joint study agreement with Kyushu Electric Power for FLNG Solution
18:06 Kim Heng Offshore & Marine Holdings signs MoU with HHC and Thaitan
18:03 Container service boost at Bristol Port
17:53 IMO and UN Environment – working together to keep the Mediterranean clean
17:36 ZIM introduces myZIM Personal Notifications
17:21 Incat launches a new 111-metre ferry for Spain
17:06 Hapag-Lloyd announces General Rate increase from Japan to Middle East
16:42 Nor-Shipping 2019 sets new records
16:20 Fincantieri and CNR present the results of six multidisciplinary research projects
16:04 Atlantic Towing buys Havyard 833 WE – build no 126
15:25 Live stream of IWW passenger transportation meeting, part of SmartTRANSPORT, starts on IAA PortNews website at 10:00, June 21
15:04 Port of Oakland approves Seaport Air Quality 2020 and Beyond Plan
14:33 Carnival Mardi Gras cruise ship hull assembly begins at Meyer Turku shipyard
14:02 Hapag-Lloyd announces FAK from East Asia to Europe and Mediterranean
13:30 Port of Singapore bags “Best Seaport in Asia” for 31st time and also “Best Green Seaport”
13:02 Major shipping banks to launch the Poseidon Principles in line with IMO’s Greenhouse Gas strategy
12:41 Russia's Main Department of State Expertise approves revised project for Phase 1 of dry bulk terminal in Taman
12:28 Bunker prices show slight changes at the Far East ports of Russia (graph)
12:24 Jan De Nul secures Formosa 2 OWF contract in Taiwan and underlines its expansion in Asian OWFs
12:05 AtoB@C starts to offer port towage and related services in Port of Raahe
11:39 East-Siberian Inland Navigation Company launches bunkering tanker of Project RT37 for Baikal
11:16 Regional Manager Simon Neo set to leave IBIA
10:52 IBIA board member elected President of the Panama Maritime Chamber
10:47 NAVTOR integrates environmental regulations into voyage planning with Total Marine Solutions MOU
10:27 Maritime spatial planning in the Baltic Sea region easier with BASEMAPS
09:53 Brent Crude futures price is down 0.05% to $60.91, Light Sweet Crude – down 0.1% to $51.88
09:35 MABUX: Bunker Market this morning June, 18
09:15 Baltic Dry Index is up to 1,093 points

2019 June 17

18:24 USCG saves six people, tows disabled vessel in Port Etches
17:59 Denis Krylov appointed General Director of Gazpromneft-Sakhalin
17:28 China and South Korea agree on ballast water exchange rules
17:04 Mermaid Maritime borrows a loan of USD 65 mln to extend the financing of two vessels
16:41 Neptune Lines welcomes Neptune Galene & Neptune Thalassa after scrubber installation
16:23 DG Termināls invests about 1 million euros during the year
16:17 Finnish ferry getting a diesel-electrical drivetrain system
16:04 MSC Katya R. sets record as largest container ship to boost Costa Rican export links to Europe
15:45 Singapore to host 18th Vessel Efficiency & Fuel Management Summit
15:26 Onezhsky Shipyard launches multifunctional buoy tender for Volga-Baltic Basin
15:04 Hunter Group sells one vessel
14:42 Gdansk, Poland to host 6th Operating Specialist Wind Vessels Summit
14:19 Seatrade Europe conference programme to include Marine Interiors specialist panel discussions
14:12 ClassNK releases amendments to class rules
13:55 Finland hosts an EU–China maritime meeting
13:31 AWT completed stage III of modernization and expansion of the Paskov Terminal
13:24 Average wholesale prices for М-100 HFO down to RUB 16,007 in RF spot market
13:10 The Irish Port of Cork and Port of Amsterdam to collaborate
12:48 Pella Shipyard launches tugboat of project 90600, Sadko, built for Sevmash-Shelf (video)
12:31 Port of Oakland exports up 8.4 percent in May 2019
12:01 North Carolina Ports adopts Vortex port equipment simulator
11:30 MEYER WERFT announces the keel laying for the new cruise ship IONA
11:15 Throughput of port Shanghai (China) in Jan-May’19 declined by 1.3% to 225.91 million tonnes
11:00 Panama Canal issues proposal to modify tolls structure
10:59 Bunker sales at the port of Singapore in Jan-May’2019 fell by 7.7% Y-o-Y to 19.79 million tonnes
10:37 Fincantieri's Muggiano shipyard launches PPA “Paolo Thaon di Revel”
10:21 CMA CGM announces FAK rates from Asia to the Mediterranean
10:01 Brent Crude futures price is up 0.26% to $62.17, Light Sweet Crude – up 0.19% to $52.87
09:38 Port of Singapore throughput in Jan-May’2019 was nearly flat YoY at 261.39 million tonnes
09:19 Diana Shipping commences self tender offer to purchase up to 2,000,000 shares