• 2019 February 12 09:33

    NCSP Group's cargo turnover for 12 months of 2018 totaled 140.2 million tonnes

    NCSP Group reports that its cargo turnover for 2018 decreased by 2.3% compared to the same period last year and totaled 140,209 thousand tons.

    Main drivers: Positive trends of the grain (+14.3%) and oil products (+9.7%) transshipment growth; Cargo turnover of ferrous metals and cast iron increased (+13%) due to the increase in deliveries to Europe and Southeast Asia; Crude oil transshipment decreased by 11.4% due to the redistribution of oil exports from Western to Eastern direction; A significant increase in other cargo transshipment (+109.6%).

    In 2018, transshipment of liquid cargo at NCSP Group's terminals decreased by 5.2% or 5,525 thousand tons and amounted to 100,541 thousand tons, including 66,229 thousand tons of crude oil, 33,243 thousand tons of oil products, 797 thousand tons of UAN, and 272 thousand tons of seed oils.

    In November 2018, the first shipment of vegetable oils for export through IPP LLC took place.

    In 2019, IPP LLC expects to reach the volumes of seed oils transshipment in the amount of 0.6–0.7 million tons. In 2020, increasing market demand may result in an increase in the annual transshipment capacity to 1–1.5 million tons with further growth.

    Crude oil transshipment decreased by 11.4% or 8,520 thousand tons, including by 9.8% in Novorossiysk and by 12.5% in Primorsk. At the same time, transshipment of oil products increased by 9.7% or 2,944 thousand tons, which is 7.3 p.p. higher than the industry growth rate (according to Association of Commercial Sea Ports (ASOP)).

    Transshipment of liquid fertilizers (UAN) increased by 33.7%, and transshipment of seed oils, on the contrary, decreased by 35.4% compared to 2017.

    In 2018, transshipment of bulk cargo at NCSP Group's terminals increased by 2.3% or 403 thousand tons compared to the same period last year and reached 17,584 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 high exports in the first half of 2018/2019.

    Grain transshipment increased by 14.3% or 1,601 thousand tons, to 12,815 thousand tons. The volume of iron ore raw materials transshipment decreased by 10.1% to 2,473 thousand tons. Transshipment of coal decreased by 27.6% or 550 thousand tons to 1,444 thousand tons due to lower purchasing power of consumers in Turkey amid devaluation of Turkish lira. Russian coal is replaced with coal of lower quality and cost or with petroleum coke.

    Transshipment of chemical goods and raw sugar amounted to 582 and 271 thousand tons, respectively.

    In 2018, transshipment of general cargo at NCSP Group's terminals increased by 8.1% or 1,123 thousand tons and amounted to 14,965 thousand tons.

    Increase in general cargo transshipment was mainly due to the growth in cast iron transshipment related to active sales to EU countries and the expansion of sales markets (deliveries to Southeast Asia). Transshipment of ferrous metals and cast iron increased by 13% or 1,548 thousand tons, to 13,471 thousand tons.

    Transshipment of nonferrous metals, timber and perishable cargo amounted to 1,001 thousand tons, 309 thousand tons and 184 thousand tons, respectively.

    Container turnover

    In the reporting period, NCSP Group's container transshipment volume totaled 6,121 thousand tons or 620 thousand TEU, which was by 2.8% more in tons and by 4.1% more in TEU than in the same period of 2017.

    In 2018, transshipment of other cargo at NCSP Group's terminals amounted to 997 thousand tons, increasing more than 2 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 by cargo turnover. NCSP Group is traded on Moscow Exchange (NMTP) and London Stock Exchange as GDRs (NCSP). NCSP Group volumes in 2018 totaled 140.2 million tons. NCSP Group consists of: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, LLC Novorossiysk Grain Terminal, JSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, LLC IPP, Baltic Stevedore Company LLC, and JSC SFP.




2019 August 17

14:24 Kinder Morgan announces additional projects to enhance capabilities at Houston Ship Channel Facilities
13:31 Damen Shipyards Cape Town joins Women’s International Shipping & Trading Association
12:28 CMA CGM announces rate restoration for Asia to West Africa trade
11:32 APL informs on voil sailing on Asia-Indian Subcontinent Service in August
10:58 Pre-commissioned USCG's Cutter Midgett makes second cocaine seizure within five days

2019 August 16

18:16 Port of Vyborg volumes in Jan-Jul plummet 29% to 687,700 tons
18:06 Hapag-Lloyd announces rates from East Asia to North Europe and Mediterranean
17:36 Norwegian Encore leaves MEYER WERFT's building dock
17:06 Balltec secures North Sea decommissioning contract from Heerema Marine Contractors Nederland
16:35 Canada Infrastructure Bank signs MoU with the Port of Montreal on Contrecoeur port expansion project
16:05 Vår Energi AS awarded an EPCI contract to Rosenberg Worley AS
16:03 Low-sulphur marine fuel sales by Gazprom Neft in the first half of the year increased by 11% to 121,400 tonnes
15:48 Samsung Heavy to advance smart ship technology in cooperation with equipment producers
15:36 Throughout of oil port Primorsk in Jan-Jul 2019 increased 14% to 35.74 million tonnes
15:14 New mid-year record for container volumes through the Port of Vancouver
15:11 USCG repatriates 25 migrants to the Dominican Republic
14:27 Port of Vysotsk throughput in January-July rose 7% to 11.14 million tonnes
14:10 Austal signs A$126 mln contract to export two Cape Class Patrol Boats
13:14 Seven-month cargo volumes of Port of Ust-Luga increase 10% to 62 million tonnes (update)
13:05 NORDEN signs multiple long-term global contracts
12:05 APM Terminals Poti to implement uninterrupted 24/7 operations
11:39 Port of St. Petersburg seven-month volumes rise 2% to 35 million tonnes (update)
11:05 Steel cutting ceremony for the next AIDA LNG cruise ship at MEYER WERFT
10:48 Tekmar Energy selected for Formosa 1 Phase 2
10:44 Port of Hamburg seaborne cargo throughput up 4.1 percent to 69.4 million tons in H1 2019
09:55 Crude futures prices tend upward again: Brent Crude rises to $ 58,88, WTI – to $ 55,16
09:34 Baltic Dry Index leaps 97pts to 2047 points
09:27 Bunker prices show mixed movements at Port of St. Petersburg
08:41 MABUX: Bunker market this morning, Aug 16

2019 August 15

18:48 Seven-month box throughput of Ukraine’s seaports leaps 20% to 545.800 TEUs
18:05 Huntington Ingalls Industries announces leadership changes at shipyards
17:05 Scandlines installs Norsepower’s Rotor Sail solution on board hybrid ferry
16:43 Kinder Morgan announces additional projects to enhance capabilities at Houston Ship Channel facilities
16:35 Kalmar service expertise to enhance safety, performance and productivity at OPCSA’s Las Palmas terminal
16:33 Global Dredging Forum in London to address all current aspects of capital and maintenance dredging as expansion opportunity
16:05 Wilhelmsen Ship Management awarded two supramaxes from Stove Shipping AS
15:47 Neste introduces a new IMO2020-compliant low-sulphur marine fuel
15:43 Stena Bulk's CEO appeals directly to the Leaders of India, Russia, Latvia & the Philippines
14:33 Rotterdam Polymer Hub construction starts
14:20 A.P. Moller - Maersk reports strong improvements in earnings in Q2
14:01 Tuapse Sea Commercial Port JSC 1H net profit drops 3.3 times to RUB 1bn
13:52 Port of Oslo speaker to join Int'l Baltic Transport Forum, Sept. 11
13:05 RS supports PortNews сonference on icebreaking and service fleet, to be held prior to NEVA-2019 trade fair
13:02 CMA CGM announces FAK rates from Asia to North Africa
12:06 LUGAPORT terminal construction kicks off at Port of Ust-Luga
12:03 MOL transports fire engines to Paraguay
11:03 Jan De Nul bags 600MW Kriegers Flak contract
10:17 CMA CGM announces FAK rates from Asia to the Mediterranean
10:01 Crude futures prices continue to decline: Brent Crude – to $ 59,09, WTI – to $ 54,92
09:57 Latest frigate Admiral Kasatonov enters shipbuilder’s trials final phase
09:12 Baltic Dry Index leaps by 4.61% to hit 1950-pts mark
08:42 MABUX: Bunker market this morning, Aug 15

2019 August 14

23:00 Sergey Mazokhin takes helm at Nordic Engineering JSC
18:09 Icebreaker Novorossiysk escorts Silver Explorer along the Northern Sea Route
18:05 OOCL revises Trans-Pacific service
17:23 Moscord to add Schneider Electric Marine Product Line
16:35 Wärtsilä turns to startups to help solve some of the biggest problems in the maritime industry
16:05 Round table on import substitution in Russian shipbuilding sector slated to be held on August 29 in St. Petersburg
16:04 HHLA H1 2019 performance report: growth with sustainable success
15:33 Wilhelmsen Ship Management awarded two supramaxes from Stove Shipping AS