NCSP expects its throughput to gain 3-6% to 163.9-168.9 mln tons in 2013
Novorossiysk Commercial Sea Port Group (NCSP) expects a 3-6-pct growth of throughput to 163.9-168.9 mln tons in. According to the Group’s operating guidance, transshipment of crude oil is to gain 12.8% to 21.9 mln tons. Transshipment of ferrous metal is expected to fall by 1.76% to 8.5 mln tons while the transshipment of iron ore is to double to 3.65 mln tons, mineral fertilizers – to grow by 14.8% to 1 mln tons, sugar – to grow 1.55 times to 1 mln tons, coal – to grow 6-fold to 1.5 mln tons. Forecasted container throughput is 660,000 TEUs, a 5.8-pct gain year-on-year.
Novorossiysk Commercial Sea Port (NMTP Group) is Russia’s largest port operator in terms of cargo turnover. NCSP shares are traded on Russia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). 50.1% shares of PJSC “NCSP” belong to Novoport Holding Ltd, the beneficial owners of which are OJSC “Transneft” and Summa Group. The Group comprises the following stevedoring companies: Novorossiysk Commercial Sea Port OJSC, Primorsk Commercial Port, Novorossiysk Grain Terminal OJSC, Novorossiysk Ship Repair Yard OJSC, NCSP Fleet OJSC, Novolesexport OJSC, Baltic Stevedore Company LLC and IPP OJSC. In 2012, the group’s throughput gained 1.2% to 158.9 mln tons.