Novorossiysk Port four-month throughput up 9 percent – provisional figure
The total volume of cargo handled by the companies of Novorossiysk Commercial Sea Port Group (PJSC NCSP) in January-April 2012 amounted to more than 55 million tons, or a 9-percent gain from a year earlier, the Group said on Saturday.
In April, shipments of cargo through the terminals of the Group totaled 14.3 million tons.
Novorossiysk Commercial Sea Port Group is the largest Russian port operator. The NCSP Group incorporates the following stevedore companies: PJSC Novorossiysk Commercial Sea Port, PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Shipyard, PJSC Fleet of NCSP, OJSC NovorosLesExport, OJSC IPP, Baltic Stevedoring Company Ltd. and PJSC Primorsk Trade Port Ltd. Novoport Holding Ltd, which is beneficially owned by Transneft and Ziyavudin Magomedov (Summa Group), holds a 50.1% stake in PJSC NCSP.
NCSP Group’s consolidated revenue according to IFRS for the FY 2011 ammounted to US $1,049,5 million and EBITDA - $550.3 million. In 2011, NCSP Group’s cargo throughput (including PTP figures) totaled 157 million tons.