Novorossiysk Commercial Sea Port Group (NCSP Group) has announced that its consolidated cargo turnover in January 2014 amounted to 10.9 million tonnes.
PJSC NCSP CEO Yuri Matvienko commented on January results: «Changes in group’s cargo traffic in the first month of 2014 versus January 2013 were dominated by trends like continuing redirection of crude oil exports, substantial rebound in grain with a low base effect, and adverse weather conditions, which affected bulk and general cargo volumes by complicating railcars unloading and ship loading operations».
NCSP Group Cargo Turnover in January 2014 (’000 tonnes)
|
Type of cargo |
January 2014 |
January 2013 |
Change |
Change, % |
|
Cargo turnover, total |
10 902.9 |
12 422.7 |
-1 519.8 |
-12.2% |
|
Liquid cargo, total |
8 822.7 |
10 606.5 |
-1 783.8 |
-16.8% |
|
Crude oil |
6 351.2 |
8 251.5 |
-1 900.3 |
-23.0% |
|
Oil products |
2 379.8 |
2 301.7 |
78.1 |
3.4% |
|
UAN |
55.0 |
32.7 |
22.3 |
68.0% |
|
Seed oils |
36.7 |
20.6 |
16.1 |
78.2% |
|
Bulk cargo, total |
730.3 |
439.8 |
290.5 |
66.1% |
|
Grain |
377.7 |
41.2 |
336.5 |
816.7% |
|
Mineral fertilizers |
54.4 |
75.1 |
-20.7 |
-27.6% |
|
Sugar |
85.1 |
31.3 |
53.8 |
171.9% |
|
Iron ore and ore concentrate |
166.5 |
184.7 |
-18.2 |
-9.9% |
|
Scrap Metal |
0.0 |
0.0 |
0.0 |
0.0% |
|
Cement |
0.0 |
16.9 |
-16.9 |
-100.0% |
|
Coal |
46.6 |
90.6 |
-44.0 |
-48.6% |
|
General cargo, total |
989.8 |
981.9 |
7.9 |
0.8% |
|
Ferrous metals |
842.1 |
801.4 |
40.7 |
5.1% |
|
Timber |
43.6 |
48.9 |
-5.3 |
-10.8% |
|
Timber (ths cubic metres) |
79.3 |
88.9 |
-9.6 |
-10.8% |
|
Non-ferrous metals |
68.0 |
100.9 |
-32.9 |
-32.6% |
|
Perishable cargo |
24.2 |
18.6 |
5.6 |
30.1% |
|
Other |
11.9 |
12.1 |
-0.2 |
-1.7% |
|
Containers |
360.1 |
394.5 |
-34.4 |
-8.7% |
|
Containers (ths TEU) |
48.7 |
48.2 |
0.5 |
1.0% |
NCSP Group is the largest port operator in Russia and the third-largest in Europe, 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). NCSP Group cargo turnover in 2013 totalled 141 million tonnes. Consolidated revenue according to IFRS in 2012 totalled USD 1,034 million and EBITDA was USD 591.5 million. NCSP Group consolidates the following companies: PJSC “Novorossiysk Commercial Sea Port”, LLC “Primorsk Trade Port”, PJSC “Novorossiysk Grain Terminal”, OJSC “Novorossiysk Ship Repair Yard”, OJSC “NCSP Fleet”, OJSC “NLE”, OJSC “IPP”, CJSC “Baltic Stevedore Company”, and CJSC “SFP”.