PJSC 'Novorossiysk Commercial Sea Port' (NCSP)
Consolidated cargo turnover of NCSP Group for 9M 2021 year-over-year

09-Nov-2021 / 15:30 MSK
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Consolidated cargo turnover of NCSP Group
for 9M 2021 year-over-year
 

NCSP Group's (LSE: NCSP, MOEX: NMTP) cargo turnover totals 84.9 million tons (+0.6%).

 

Liquid cargo

Transshipment of liquid cargo was up by 0.1 million tons (+0.2%) to 67.6 million tons. The growth in transshipment of oil products (by 1 million tons, +4.1%) offset a decrease in crude oil turnover (by 0.8 million tons, -1.9%).

The growth rates of oil product transshipment are higher than the overall growth rates in the industry by 1 p.p.

 

Dry cargo

Dry cargo transshipment increased by 2.5%, to 17.3 million tons. The drivers behind this growth were mainly containers, as well as raw sugar, chemical cargo, ferrous metals, and cast iron:

  • Turnover of containers grew to 3.5 million tons (+8.6% / 0.3 million tons ) mainly due to an increase in transshipment volumes through the BSC LLC terminal. The growth rates of cargo turnover (TEU) across NCSP Group amounted to 25%, 18 p.p. higher than in the industry as a whole.
  • Raw sugar cargo turnover was up 11 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.
  • Chemical cargo transshipment volume touched 0.9 million tons (+61% / 0.4 million tons) due to increased export of fertilizers at the direct option. In the meantime, the turnover of chemical cargo dropped by 2% industrywide.
  • The growth in transshipment of ferrous metals and cast iron to 7.3 million tons (+2.1% / 0.2 million tons) was ensured by high export demand amid the record prices in world markets. 

 

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

 

January-September

Change

2021

2020

thsd t

%

Cargo turnover, total

84,939.638

84,401.330

538.308

0.64%

Liquid cargo, total

67,632.905

67,518.552

114.353

0.17%

Crude oil

40,750.135

41,533.765

-783.630

-1.89%

Oil products

26,108.515

25,077.823

1,030.692

4.11%

UAN

512.149

541.136

-28.987

-5.36%

Oils

262.106

365.828

-103.721

-28.35%

Bulk cargo, total

5,342.543

5,247.672

94.872

1.81%

Iron ore raw materials

2,825.520

3,645.912

-820.392

-22.50%

Other ore cargo

24.201

45.443

-21.242

-46.74%

Chemical cargo

949.123

589.356

359.767

61.04%

Coal

916.624

907.871

8.753

0.96%

Sugar

627.074

59.089

567.986

961.24%

General cargo, total

8,276.894

8,145.281

131.613

1.62%

Ferrous metals and cast iron

7,314.596

7,160.829

153.767

2.15%

Timber

107.595

133.868

-26.273

-19.63%

Timber (thsd cubic m)

191.463

243.397

-51.934

-21.34%

Nonferrous metals

655.912

741.970

-86.058

-11.60%

Perishable cargo

198.790

108.613

90.177

83.03%

Containers

3,478.325

3,203.238

275.087

8.59%

Containers

3,478.325

3,203.238

275.087

8.59%

Containers (thsd TEU)

424.663

338.717

85.946

25.37%

Other

208.970

286.587

-77.617

-27.08%

 

 

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.: 126385
EQS News ID: 1247457

 
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