• 2019 April 15 10:54

    DeloPorts’ consolidated revenue for 2018 grew by 35.6% YoY to RUB 11.919 billion

    OOO “DeloPorts” , a major Russian stevedoring holding, consolidating the assets of Delo Group in the grain and container segments in the port of Novorossiysk, has published its consolidated financial results for 2018 in accordance with IFRS.

    Key financials

    • Consolidated revenue RUB 11,919 mln (+35.6%)
    • Consolidated EBITDA RUB 8,781 mln (+44.4%)
    • EBITDA margin 73.7% against 69.2% in 2017
    • Operating cash flow RUB 6,810 mln (+36.9%)
    • CAPEX RUB 4,562 mln (+36.9%)
    • Net debt RUB 19,333 mln (x3 increase compared to 31 December 2017)
    • Net debt/EBITDA 2,2x versus 1,0x as of 31 December 2017

    Key operating results

    • Total volume of cargo handling 8.7 mln tonnes (+13%)
    • Grain handling volume 4.8 mln tonnes (+14.3%)
    • Container throughput 333 thous. TEUs (+10%)

    Key corporate events

    • Since March 2018 all vessels handled at DeloPorts terminals are served by own tug boats
    • The monthly record of container handling established in December 2018 with 45,089 TEUs
    • Contracts for the 5th and 6th tugboats signed with Damen Shipyards Group.
    • In 2018 the Company reached the maximum revenue and EBITDA in all its history.                                                                                                                                   

    Igor Yakovenko DeloPorts CEO commented on the Company’s IFRS financial results:

    “In 2018 we have established the new operating and financial records for the Company. The intensification of container transshipment, favorable grain export market conditions and a range of operating improvements including serving vessels with own tug boats, allowed us to increase the total throughput by 13% compared to 2017. DeloPorts’ consolidated revenue increased by 35.6% due to operations profitability growth –the share of export laden containers increased, as well as profit margins from bunkering operations. The USD exchange rate fluctuations also effected the result since the Group’s rates were set is dollars.  DeloPorts demonstrated a 44.4% growth in EBITDA and 73.7% in EBITDA margin compared to 2017. Good operating and financial results mirror DeloPorts objective to reach our strategic goals focusing on the clients”.




2019 June 24

13:02 ARIES gained ABS Certification: Middle East 1 st Remote Inspection Techniques specialist
12:20 BC Ferries releases year-end results
12:10 Keel laid for the first of Damen’s revolutionary new FCS 7011 Crew Change
11:56 Average wholesale prices for М-100 HFO down to RUB 15,377 in RF spot market
11:29 FESCO to launch new container train to China via Far East overland route
10:58 Southern Center of Shipbuilding and Ship Repair acquired property of Krasniye Barrikady plant
10:35 Satti floating drilling unit owned by Kazmortransflot delivered to Azerbaijan
10:13 Throughput of Chinese ports grew by 4.1% to 5.5 billion tonnes in Jan-May’2019
09:53 MABUX: Bunker Market this morning June, 24
09:52 Brent Crude futures price is up 0.4% to $64.71, Light Sweet Crude – up 0.68% to $57.82
09:34 Container throughput of port Hong Kong (China) down 7.7% to 7.55 million TEUs in Jan-May’2019
09:17 Baltic Dry Index is up to 1,239 points

2019 June 23

16:29 INPEX submits revised plan of development for Abadi LNG Project
15:13 Oceanwide Expeditions: Hondius sister ship m/v Janssonius ordered for 2021
14:19 CMA CGM announces FAK rates on Asia - Pakistan, India and Sri Lanka service
13:46 Coast Guard rescues five from capsized boat in Chesapeake Bay
12:43 Danske Commodities signs 20-year PPA with Hywind Scotland wind farm
10:29 TMC sets up office to support Chinese yards

2019 June 22

15:24 AAPA selects Christopher Connor as its new CEO
12:37 TMC contracted by VARD to supply marine compressors for Viking Cruises' vessels
11:23 ABS to class first ‘tri-fueled’ vessel for Harvey Gulf
10:13 Port of Oakland steps up as ships carry bigger loads than ever
10:05 Coast Guard responds to barge aground in Naknek, Alaska

2019 June 21

18:07 Austal gets Navy's modification to littoral combat ship contract
18:04 MODEC awarded Letter of Intent by Petrobras related to Búzios 5 FPSO
17:58 Frontline announces acquisition of VLCC resale and two LR2 newbuildings
17:56 BC Ferries adds extra sailings for the summer
17:55 Maritime Anti-Corruption Network to develop Global Port Integrity Index and Scale Up Collective Action in West Africa
17:37 Siemens Gamesa receives first offshore wind preferred supplier nomination in Japan: up to 455 MW for Obayashi Corporation
17:12 Krasnoye Sormovo launches final RSD59 ship in a series four units ordered by STLC
16:38 Ships of RF Navy’s Pacific Fleet involved in exercises in the Sea of Japan
16:26 Government of Canada enters into negotiations with Chantier Davie for construction of two ferries
16:14 Standic expands with state-of-the-art chemical storage terminal in Port of Antwerp
15:50 Klaipedos Nafta announced call for Chief Executive Officer
14:27 Safety management training takes centre stage
14:26 USCG says Polar Security Cutter to be homeported at Seattle
14:03 Maersk to offer customers carbon-neutral transport
13:35 LUKOIL’s dividends payable for 2018 will be RUB 250 per ordinary share
13:15 Anthony Veder expands fleet with taking in five gas carriers from GATX
13:12 HELCOM’s Executive Secretary to step down in August 2019
12:48 Novotrans acquired stevedoring company operating Ro-Ro ferry facility at the port of Ust-Luga
12:30 Samskip fine tunes multimodal network for post-Brexit hard choices
12:11 Matson christens first Kanaloa class Con-Ro vessel 'Lurline'
11:54 Royal IHC and Semiotic Labs develop smart solutions for the dredging industry
11:39 VT Halter Marine commences construction of two navy berthing vessels
11:16 HELCOM Hot Spots: two Kaliningrad pollution sites get wiped off the list at key HELCOM meeting
10:44 Port of Baku and OSCE launch “digital route” project in Caspian ports
10:25 FESCO announces results of Annual General Meeting of Shareholders
10:00 Brent Crude futures price is down 0.54% to $64.1, Light Sweet Crude – down 0.6% to $56.73
09:38 Regional workshop on enforcement of Ballast Water Management Convention held in Malé, Maldives
09:19 Baltic Dry Index is up to 1,194 points
08:57 MABUX: Bunker market this morning, June 21

2019 June 20

18:36 Xeneta and Catapult announce agreement
18:06 Inland terminals CTU in Lelystad, HOV Harlingen and Westerman Multimodal Logistics in Hasselt joined the North West Central Corridor
17:36 First European conversion of a dredger to dual-fuel LNG / MGO departs Damen Shiprepair Dunkerque
17:06 ECSA organises workshop on the shipping industry’s interests in the UN negotiations on international ocean governance
17:05 Containerships introduces its second LNG-powered ship CONTAINERSHIPS POLAR and optimizes its Baltic service
16:50 Recovery of vessel traffic in Tushino, Moscow Canal, postponed again causing ship owners’ losses
16:35 Damen Oskarshamnsvarvet Sweden achieves coveted AAA credit rating
16:18 MAN Energy Solutions, Corvus Energy and DNV GL present results of HYCAS study on hybrid power generation