NCSP Group cargo turnover totaled 11.9 million tonnes in January 2016
NCSP Group reports, that its consolidated cargo turnover for January 2016 comprised 11.9 million tonnes.
Liquid cargo volumes totaled 9 419 thousand tonnes, bulk cargo comprised 1 000 thousand tonnes, general cargo amounted to 1 051 thousand tonnes, and container cargo totaled 439 thousand tonnes or 42.2 thousand TEU.
Commenting on January operating performance, CEO of PJSC NCSP Sultan Batov said: «Devaluation of Russian ruble continues to support demand for Russian commodities in 2016, which positively affect transshipment of iron ore, chemical cargo, grain, pig iron, and non-ferrous metals. On the other hand, volumes in the beginning of the year are substantially affected by the weather factor. Storm warnings at Novorossiysk lasted for a total of 334 hours in January 2016, versus 301 hour in January 2015, which explains negative dynamics in most cargoes».
In the first month of 2016 NCSP Group has transshipped some 9 419 thousand tonnes of liquid cargo, including: 6 531 thousand tonnes of crude oil; 2 831 thousand tonnes of refined oil products; 39 thousand tonnes of UAN fertilizer, and 18 thousand tonnes of seed oils.
Reduction on crude oil and oil products volumes at Novorossiysk resulted from rescheduling of some shipments to next month due to stormy weather. Volumes at Primorsk are in line with plan and fleet schedule.
Bulk cargo volumes in January 2016 totaled 1 000 thousand tonnes, including 477 thousand tonnes of grain; 117 thousand tonnes of chemical cargo; 42 thousand tonnes of sugar; 241 thousand tonnes or iron ore, and 123 thousand tonnes of coal. Weather negatively affected all bulk cargoes. Substantial growth in iron ore volumes in January was conditioned by the low base effect amplified by strong demand.
Volumes of general cargo in the reporting period totaled 1 051 thousand tonnes, cinluding 906 thousand tonnes of ferrous metals and pig iron; 30 thousand tonnes of timber cargo; 88 thousand tonnes of non-ferrous metals; 14 thousand tonnes of perishable cargo, and 13 thousand tonnes of other cargo. Transshipment of ferrous metals and pig iron increased mostly due to pig iron volumes growing 24% year-on-year.
NCSP Group container traffic in January 2016 comprised 439 thousand tonnes and 42.2 thousand TEU, up by 19.5% and 13.5% year-on-year respectively.
NCSP Group is the largest port operator in Russia and the third-largest in Europe, in terms of cargo turnover. NCSP Group cargo turnover in 2015 totalled 139.7 million tonnes. Consolidated revenue to IFRS in 2014 totalled USD 956 million and EBITDA was USD 569 million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, JSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, OJSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, and JSC SFP.
