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2009 December 14   10:08

Throughput growth at Novorossiysk port by 6% - to 78.8 million tons for January-November 2009

Cargo turnover of Novorossiysk Commercial Sea Port (NCSP) Group in January-November 2009 grew by 6% compared with the same period of 2008 - up to 78.8 million tons. The volume of transshipment of bulk cargo since January through November, this year has increased by 4.16 million tons or 45.1% as of the last year, the company press service report reads.
The overall growth of liquid cargoes turnover for 11 months of 2009 totaled 3.25 million tons or up 6.5% compared to the same period last year. In particular, the volume of transshipment of crude oil rose by 3.8% - to 40.58 million tons, oil products by 20.2% - to 11.99 million tons
 
During the period, transshipment of general cargo totaled 10 million tons, up 0.4% or 43 tones below last year. Total deliveries of ferrous metals increased by 1.1% - up to 8 million tons.
Following 11 months of 2009 the volume of transshipment of containers decreased by 40% compared to the same period last year and amounted to 210.7 thousand TEUs.

Commenting on operating results for the January-November 2009, CEO of NCSP Igor Vilinov said: "During the period we have managed to maintain the growth rate of turnover of 6%, which allows us to count on a positive trend and the results of 2009. Past month did not reveal any fundamental new trends - we continue to retain our position on the iron-ore raw materials turnover, grain, diesel fuel and some other cargoes. It is worth of note, that the growth of transshipment of dry fertilizer was by 24%, as well as the improvement of situation with ferrous and nonferrous metals, which exceeded the level of the same period, last year by 1,1% and 1,6% respectively.
OJSC Novorossiysk Sea Commercial Port Group is the Russia's major port operator. Shares of NCSP are listed on the Russian stock exchanges RTS and MICEX, as well as on the London Stock Exchange in the form of global depositary receipts. Cargo turnover of "NCSP" Group amounted in 2008 to 81.6 million tons. Consolidated revenues of the Group on International Financial Reporting Standards for 2008 totaled $ 653.777 million. The Group is a corporation of the following stevedoring companies: OJSC Novorossiysk Commercial Sea Port, OJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Shipyard, PJSC NCSP Fleet ", OAO" Novoroslesexport ", OAO" IPP "and" Baltic Stevedoring Company ".

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