PJSC 'Novorossiysk Commercial Sea Port' (NCSP)
Consolidated cargo turnover of NCSP Group for 8M 2021, year-over-year

21-Oct-2021 / 10:00 MSK
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Press Release

 

Consolidated cargo turnover of NCSP Group for 8M 2021, year-over-year
 

NCSP Group's (LSE: NCSP, MOEX: NMTP) cargo turnover totals 76.3 million tons (+0.05%).

 

Liquid cargo

Transshipment of liquid cargo amounted to 60.6 million tons, down by 0.7 million tons (-1.1%). The largest decrease in this segment was for crude oil, by 3.7% (to 36.2 million tons), due to higher supplies to Russian refineries after the completion of repairs against the background of high demand for motor fuel. Transshipment of oil products surged by 0.9 million tons (+3.9%) and amounted to 23.6 million tons.

 

As noted by Sergey Kireev, General Director of PJSC NCSP, the continuing difficult epidemiological situation and the associated restrictions have not prevented NCSP from increasing cargo turnover compared to the same period last year. This became possible due to increased oil product and dry cargo transshipment volumes and adjusted decline in the amount of liquid cargoes.

 

Dry cargo

Dry cargo transshipment increased by 4.6%, to 15.7 million tons. The drivers behind this growth were raw sugar, chemical cargo, ferrous metals and cast iron, as well as containers:

 

  • Raw sugar cargo turnover was up 17 times compared to last year and amounted to 0.6 million tons. This is thanks to the higher demand from CIS Asian countries for imported raw sugar for processing against the backdrop of a decrease in exports of Russian white sugar.
  • Transshipment of chemical cargo climbed to 0.9 million tons (+61.7% / 0.3 million tons) amid the increase in shipments of hazardous and non-hazardous fertilizers under the direct option.
  • The growth in transshipment of ferrous metals and cast iron to 6.7 million tons (+4.6% / 0.3 million tons) was ensured by high export demand following the record prices in world markets. 
  • Turnover of containers grew to 3.2 million tons (+9.6% / 0.3 million tons ) mainly due to an increase in transshipment volumes through the BSC LLC terminal.

 

NCSP Group's cargo turnover for 9M 2021/2020 (thsd t)

 

January - August

Change

2021

2020

thsd t

%

Cargo turnover, total

76 274.655

76 239.256

35.399

0.05%

Liquid cargo, total

60 566.67

61 222.268

-655.598

-1.07%

Crude oil

36 232.15

37 629.784

-1 397.634

-3.71%

Oil products

23 622.864

22 726.894

895.97

3.94%

UAN

449.549

499.761

-50.212

-10.05%

Oils

262.106

365.828

-103.721

-28.35%

Bulk cargo, total

4 815.49

4 621.387

194.103

4.2%

Iron ore raw materials

2 556.59

3 244.891

-688.301

-21.21%

Other ore cargo

24.201

38.898

-14.697

-37.78%

Chemical cargo

863.497

533.951

329.546

61.72%

Coal

813.14

771.557

41.583

5.39%

Sugar

558.061

32.089

525.972

1 639.11%

General cargo, total

7 543.22

7 262.368

280.852

3.87%

Ferrous metals and cast iron

6 682.298

6 388.185

294.112

4.6%

Timber

83.419

110.971

-27.552

-24.83%

Timber (thsd cubic m)

147.506

201.765

-54.259

-26.89%

Nonferrous metals

594.827

658.601

-63.774

-9.68%

Perishable cargo

182.677

104.611

78.066

74.62%

Containers

3 153.438

2 876.336

277.102

9.63%

Containers

3 153.438

2 876.336

277.102

9.63%

Containers (thsd TEU)

340.735

305.212

35.523

11.64%

Other

195.837

256.897

-61.06

-23.77%

 

NCSP Group is the largest port operator in Russia by cargo turnover. Its controlling shareholder (62%) is PJSC Transneft.

 

NCSP Group comprises PJSC NCSP, Primorsk Trade Port LLC, JSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, SC NCSP Fleet, IPP LLC, Baltic Stevedore Company LLC, and JSC SFP. PJSC NCSP and PJSC Transneft own NCS LLC on a parity basis.

 

For more information, please contact:

For press: MSidorov@ncsp.com



ISIN: US67011U2087
Category Code: MSCH
TIDM: NCSP
LEI Code: LEIA0010014976
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 124845
EQS News ID: 1242400

 
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