• 2018 September 21 17:44

    NCSP Group's cargo turnover for January–July 2018 totaled 82,351 thousand tons

    NCSP Group says its consolidated cargo turnover for January–July 2018 decreased by 3.3% compared to the same period last year, and amounted to 82,351 thousand tons.

    - Growth trends in transshipment of oil products and grain remained positive (+10.3% and +40.0%, respectively).

    - Cargo turnover of ferrous metals and cast iron increased (+6.3%) due to the increase in deliveries to Europe and Southeast Asia.

    - Transshipment of crude oil decreased by 16.2% due to redistribution of oil exports from Western to Eastern direction, as well as due to increased loading of Russian refineries.

    In January–July 2018, transshipment of liquid cargo at NCSP Group's terminals decreased by 8.3% or 5,325 thousand tons and amounted to 59,218 thousand tons, including 37,806 thousand tons of crude oil, 20,721 thousand tons of oil products, 461 thousand tons of UAN, and 230 thousand tons of seed oils.

    Transshipment of crude oil decreased by 16.2% or 7,298 thousand tons, including in Novorossiysk (decrease by 13.4%) and Primorsk (decrease by 18.0%). At the same time, transshipment of oil products increased by 10.3% or 1,942 thousand tons, which is 9.1 p.p. higher than the industry growth rate (according to Association of Commercial Sea Ports (ASOP)).

    Transshipment of liquid fertilizers (UAN) increased by 20.5%, transshipment of seed oils, on the contrary, decreased by 17.2% compared to the same period in 2017.

    In January–July 2018, transshipment of bulk cargo at NCSP Group's terminals increased by 16.8% or 1,449 thousand tons compared to the same period last year and reached 10,100 thousand tons.

    Bulk cargo turnover increased mainly due to the growth of grain transshipment volumes against the background of high yield in the last grain season (2017/2018) and record exports in the first month of the new season (2018/2019), which was facilitated by the excitement in the grain market caused by the news about the drought in the agricultural regions of Europe and Australia.

    Transshipment of grain increased by 40.0% or 2,062 thousand tons to 7,224 thousand tons. The volume of iron ore raw materials transshipment remained almost at the last year level and amounted to 1,477 thousand tons. Transshipment of coal decreased by 25.3% or 317 thousand tons to 936 thousand tons due to lower purchasing power of consumers in Turkey amid ongoing devaluation of Turkish lira.

    Transshipment of mineral fertilizers and raw sugar amounted to 340 and 122 thousand tons, respectively.

    Despite the growth of transshipment volumes, the share of NCSP Group in grain turnover of Russian ports increased, which is caused by a significant increase in exports of grain through small ports of the Azov Sea (increase 1.8 times according to ASOP).

     

    In January–July 2018, transshipment of general cargo at NCSP Group's terminals increased by 4.5% or 375 thousand tons and amounted to 8,626 thousand tons. 

    Increase in general cargo transshipment was primarily due to the growth in cast iron transshipment related to active sales to EU countries and the expansion of sales markets (deliveries to Southeast Asia). Transshipment of ferrous metals and cast iron increased by 6.3% or 452 thousand tons to 7,657 thousand tons.

    Transshipment of nonferrous metals, timber and perishable cargo amounted to 625 thousand tons, 178 thousand tons and 166 thousand tons, respectively. 

    NCSP Group's container turnover amounted to 3,769 thousand tons or 381 thousand TEU in the reporting period, which is 6.6% in tons and 7.6% in TEU higher compared to the same period in 2017.

    In January–July 2018, transshipment of other cargo at NCSP Group's terminals amounted to 639 thousand tons, increasing almost 3 times due to the involvement of various cargo to transshipment, which are mainly cargoes shipped in big bags and special containers at the direct option.

    NCSP Group's cargo turnover for January–July 2018/2017 (thousand tons)

     

    January–July

    Change

    2018

    2017

    thousand tons

    %

    Cargo turnover, total

    82,351

    85,203

    -2,852

    -3.3%

    Liquid cargo, total

    59,218

    64,543

    -5,325

    -8.3%

    Crude oil

    37,806

    45,104

    -7,298

    -16.2%

    Oil products

    20,721

    18,779

    1,942

    10.3%

    UAN

    461

    383

    78

    20.5%

    Seed oils

    230

    278

    -48

    -17.2%

    Bulk cargo, total

    10,100

    8,651

    1,449

    16.8%

    Grain

    7,224

    5,162

    2,062

    40.0%

    Mineral fertilizers

    340

    512

    -171

    -33.5%

    Sugar

    122

    206

    -84

    -40.6%

    Iron ore raw materials

    1,477

    1,518

    -41

    -2.7%

    Coal

    936

    1,253

    -317

    -25.3%

    General cargo, total

    8,626

    8,252

    375

    4.5%

    Ferrous metals and cast iron

    7,657

    7,205

    452

    6.3%

    Timber

    178

    205

    -27

    -13.0%

    Timber (thousand cubic meters)

    323

    368

    -45

    -12.2%

    Non-ferrous metals

    625

    670

    -45

    -6.7%

    Perishable cargo

    166

    172

    -6

    -3.6%

    Containers

    3,769

    3,536

    232

    6.6%

    Containers

    3,769

    3,536

    232

    6.6%

    Containers (thousand TEU)

    381

    354

    27

    7.6%

    Other

    639

    221

    418

    188.9%


    NCSP Group is the largest port operator in Russia by cargo turnover. NCSP Group is traded on Moscow Exchange (NMTP) and London Stock Exchange as GDRs (NCSP). NCSP Group's cargo turnover totaled 143.5 million tons in 2017. NCSP Group consists of PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, LLC Novorossiysk Grain Terminal, JSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, LLC IPP, Baltic Stevedore Company LLC, and JSC SFP.




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08:54 20,000 TEU COSCO SHIPPING Sagittarius named in Shanghai
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2018 October 20

08:47 Boskalis, Van Hattum en Blankevoort and Mobilis construct deep-sea quay for the new HES Hartel Tank Terminal at Maasvlakte
08:10 Navios Partners announce filing of F - 1 for direct listing of Navios Containers
08:06 Maersk Line increases FAK rates for Northern Europe to Middle East and ISC trade
08:04 U.S. Navy contracts Austal to order materials for EPF 13
07:44 EU Commission launches the European Network of U-space Demonstrators

2018 October 19

18:42 ABN AMRO, Samsung SDS and the Port of Rotterdam Authority launch container logistics blockchain pilot
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17:35 Port of Gdansk participated in the CILF 2018 fair in China
17:11 Gdansk pays a visit to Singapore
16:57 Testbed established for Internet of Ships Open Platform
16:48 Finland’s Water Transport Act aims to improve safety and increases preparedness for the future
16:26 World’s largest LNG bunker supply vessel “Kairos” started its voyage to Europe
16:04 KN will motivate its employees with the company's shares
15:42 New Falck training centre on the Maasvlakte officially openes
15:20 Seimas members visiting Klaipėda discussed benefits provided by LNG terminal
14:59 Ukraine plans dredging of 16.33 million cbm of material in 2019
14:37 UN agencies delivering on maritime security
14:15 Hapag-Lloyd starts new Red Sea service
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13:31 MOL's newbuilt LNG carrier "MARVEL EAGLE" to transport LNG from Cameron project in U.S.
13:11 NIBULON Shipbuilding and Repair Yard launches POSS-115 Project tug
13:05 BigLift Barentsz sails Northern Sea route for Pioneering Spirit
12:48 Glavgosexpertiza approves reconstruction of KSK grain terminal to increase its capacity to 4 million tonnes
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12:05 FESCO wins tender for supplying Indian Research Stations in Antarctica in 2019
11:43 Competition for designing and construction of LNG-powered icebreaker to be announced in late 2018 - early 2019
11:20 North Sea Giant turns to The Switch EBL technology
10:54 NOVATEK to place four FLNG facilities on the Northern Sea Route
10:31 RF Navy’s major amphibious ship Ivan Gren enters North Sea
10:07 Port of Vancouver closes 2018 cruise season
09:56 Brent Crude futures price up 0.4% to $79.61, Light Sweet Crude – up 0.35% to $68.89
09:38 Tackling maritime emissions - IMO rolls out ship and port toolkits
09:29 Expert forecasts more favorable ice situation on Northern Sea Route for 30 years ahead
09:15 Baltic Dry Index is up to 1,565 points
09:07 Hapag-Lloyd, CMA-CGM and COSCO enhance GEM service - covering Mediterranean with the Middle East / ISC
08:37 Samskip launches Netherlands-Italy multimodal rail service
08:07 SEA\LNG submits open comment on the draft supplemental environmental impact statement for Puget Sound LNG facility
07:20 Van Oord awarded offshore contract for the West White Rose Project

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15:33 Port of Rotterdam Authority and research institute TNO present results of the study at IMO meeting
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15:03 Chinese Lingang group invests 85 million euros in Zeebrugge inner port
14:47 Practical aspects of LNG bunkering to be discussed at the dedicated conference in Moscow on October 24
14:33 Nouryon, Tata Steel, and Port of Amsterdam partner to develop the largest green hydrogen cluster in Europe
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14:11 Tallink and Rauma marine constructions sign letter of intent for the construction of new shuttle ferry
14:02 VesselMan and DNV GL team up to offer optimized solution for dry-docking management
13:30 Project Forward paves the way for meeting IMO’s reduction on CO2 emissions
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