• 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 April 19

18:07 Keppel posts net profit of S$203M in 1Q 2019
17:28 Passenger Port of Saint-Petersburg to complete Phase 1 of Berth No7 reconstruction in summer 2019
17:04 Saudi Aramco partners with the Saudi Contractors Authority fostering collaboration at ‘Future Projects Forum’
16:57 BAE Systems Jacksonville secures Navy's conntract mod for DDG 117
15:04 Hyundai LNG Shipping announces order for one VLGC at HHI
14:55 Marina for 100 yachts to be built in Feodosia by Firm “TES” LLC
14:10 C-Fenna successfully completes Fugro 1200 jackup towing operations
13:32 ESPO congratulates Port of Huelva for renewing EcoPorts’ environmental management standard
13:07 Spirit of Vancouver Island vessel returns to service after mid-life upgrade including conversion to natural gas
12:44 New High Bay Container Storage system launched as “BOXBAY”
12:10 ABS teams with industry leaders to improve container vessel safety
11:39 Port Arthur LNG receives FERC authorization for export project in Texas
11:08 Dual-fuel AET tankers conduct maiden LNG bunkering
10:43 Largest barge of Azerbaijan Caspian Shipping Company undergone overhaul
10:19 Brent Crude futures price is down 0.04% to $71.95, Light Sweet Crude – up 0.38% to $64
09:56 Bunker prices are sable at the port of Saint-Petersburg, Russia (graph)
09:35 TransContainer’s transportation volumes in Q1’2019 increased by 7.7% Y-o-Y to 492,000 TEUs
09:17 Baltic Dry Index is up to 790 points
07:42 GTT receives an order from DSME for the tank design of a new LNG carrier

2019 April 18

18:36 South Stream Transport B.V. and Saipem announce the amicable settlement of mutual differences
18:06 Seaway 7 selected as partner to develop Hollandse Kust Zuid Offshore Wind Farm
17:36 WinGD reports strong first quarter 2019
17:11 Launching ceremony held for eighth shallow-draft barge of Project ROB20
17:05 SOFEC completes engineering, supply and delivery of mooring system
16:26 Port of Murmansk to welcome eight cruise liners in summer season of 2019
16:05 Cooperation agreement between Eimskip and Royal Arctic line approved by the Icelandic Competition Authority
15:44 Navios Acquisition announces $103.2 million sale and leaseback transaction for three MR2 product tankers and two LR1 product tankers
15:12 Nefteflot laid down two barges of Project RDB12 ordered by STLC
15:10 MOL to acquire strategic stake in six group companies, each owning a Very Large Ethane Carrier
14:40 Port of Rotterdam freight throughput grows by 5.1% in first quarter of 2019
13:44 Bunker prices are slightly up at the Far East ports of Russia (graph)
13:03 Biggest European shipbuilders collaborate on vessel connectivity in project Code Kilo
12:49 NOVATEK reports preliminary operating data for the first quarter 2019
12:13 Frontex, EMSA and EFCA open second annual European Coast Guard Event
11:51 RF Navy’s Northern Fleet takes part in combat training missions as part of final check for winter training season
11:27 ASCO took part in TransRussia-2019
11:00 ZIM joins to blockchain shipping solution TradeLens
10:44 Shareholders agreement on construction of Lavna terminal signed under Murmansk Transport Hub project
10:28 Brent Crude futures price is up 0.1% to $71.69, Light Sweet Crude – up 0.09% to $63.82
10:09 ABS teams with industry leaders to improve container vessel safety
09:53 Keppel secures integration and upgrading contracts worth around S$160 million
09:37 Tri-City ports take part in Seatrade Cruise Global
09:36 Bunker Market this morning, April 18
09:15 Baltic Dry Index is up to 767 points

2019 April 17

19:00 SMS Towage’s Humber fleet adds new tug
18:36 CMA CGM has announced FAK rates from Asia to North Africa
18:06 DESMI's CompactClean Ballast Water Management System receives US Coast Guard Type Approval
17:36 Denmark's first new-build hybrid ferry on key passenger route
17:06 CMA CGM announces FAK rates from Asia to the Mediterranean
16:38 Matson receives new cranes at its Honolulu hub terminal
16:17 Stena Europe undergoes refit upgrades in Turkey
16:11 Kuehne + Nagel launches first online seafreight service solution with guaranteed lead time in container shipping
15:40 HELCOM addressed nutrients, stormwater and microlitter issues at PRESSURE 10-2019
15:04 Murmansk Commercial Seaport commissions dust and wind shields
14:39 Port of Riga and Port of Qingdao sign Cooperation Agreement
14:02 Damen launches two road ferries for Canadian operator BC Ferries
13:22 DNV GL awards CMHI AIPs for two new offshore designs
12:53 Pacific Fleet warships and Royal Thai Navy hold joint trainings in the Sea of Japan
12:31 Port of Cardiff prepares for start of 2019 cruise season
12:22 Tristar Group signs second major deal with Shell for 6 chemical tankers