• 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.




2018 December 15

16:23 MOL Passenger Line receives award for outstanding performance in 'Cruise of the Year 2018'
14:53 CMA CGM to implement GRR for India East Coast-West Africa trade
13:51 CMA CGM announces LSS on services from / to China, Hong Kong and Taiwan
12:44 NYK Cruises receives Grand Prix Award for 2018 World Cruise
11:27 TT-Line places order for RoPax "green" ferry with China's Jiangsu Jinling Shipyard

2018 December 14

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17:48 Petersburg Oil Terminal puts into operation its emergency response team
17:33 Vinalines to open container shipping centre next week
17:30 Fairway adjustment will simplify Elbe traffic control already next year
17:27 Final cruise ship for the year calls to the Port of Gothenburg
17:23 The MV Magda joins the Klaveness Bulkhandling pool
17:16 India’s containerised export up 10% in the third quarter of 2018
17:13 FSL Trust announces newbuilding agreement for the construction of two LR2 product tankers
17:13 Havyard project with Havila Kystruten on hydrogen-powered coastal route operations to receive over NOK 100 million in funding from Pilot-E
16:24 World Fuel Services expands bunker operations in US leading up to 2020
15:57 IMO held training workshops in Cameroon Single Window for Foreign Trade Transactions
14:49 Onezhsky Shipyard lays down self-propelled hopper barge of Project HB600
14:08 Irish Continental Group plc takes delivery of cruise ferry W.B.Yeats
13:55 WMU takes part in Ocean Literacy Conference
13:31 First in industry ADNOC co-loads LPG and propylene onto same vessel in Ruwais
13:10 WMU hosted round table discussion regarding key challenges facing IMO
12:53 Bunker market at the Port of Saint-Petersburg, Russia shows mixed price movements (graph)
12:32 Nordic American Offshore secures contract for its PSV NAO Viking
12:11 Rosrybolovstvo supports 2nd Dredging and Hydraulic Engineering Structures Congress
11:50 Association of Commercial Sea Ports celebrates its 30th anniversary
11:24 Gazprom and Itochu sign MoU under Baltic LNG project
11:06 Scorpio Bulkers announces time charter-out agreement
10:48 Domestic ferry safety exercise conducted in Indonesia
10:25 IMO holds training for managing insecurity in west Indian Ocean and Gulf of Aden
10:06 EC adds six new yards to its ‘European List of ship recycling facilities’
09:47 Brent Crude futures price down 0.61% to $61.05, Light Sweet Crude – down 0.4% to $52.37
09:25 GTT notified by HSHI for the tank design of two new LNG carriers for CMM
09:18 Baltic Dry Index is up to 1,365 points
08:06 Fincantieri publishes its Sustainability Plan 2018-2022
07:14 Port of Long Beach cargo volume up to 621,835 TEU in November 2018
06:09 Mitsubishi Shipbuilding holds christening ceremony for LPG carrier "LAUREL PRIME"

2018 December 13

18:43 Coal exports via Rosterminalugol hit 19-millionth tonne mark
18:28 Port of Kaliningrad throughput in Jan-Nov rose 4% to nearly 13 million tonnes
18:25 Tideway completes installation of longest AC offshore wind export cable at Hornsea One in the UK
17:49 Hapag-Lloyd to cancel calls at Port of Bremerhaven
17:25 Building of Johan Sverdrup Phase II begins
17:19 Port of Vyborg 11-month cargo volumes soar 24% to 1.72 million tonnes
17:13 Seabridge first in Belgium to receive the SCA certificate
17:08 Jan De Nul cleans up polluted beaches along the coast in southern France
17:07 Bunker fuel prices at Far Eastern ports close the week lower
17:00 Murmansk Region will improve water safety regulations – Marina Kovtun
16:47 Port of Vysotsk cargo volume in Jan-Nov rises 6% to 16.86 million tonnes
16:36 Maersk Broker Bulk Chartering and NAODAN Chartering
16:30 Murmansk Region Governor is a member of revised State Commission for Arctic Development Issues
16:26 YILPORT Holding wins Port Operator Award at Lloyd’s List Global Awards
16:03 Rosmorport releases RFPs for design of an DF 12/14MW icebreaker
15:49 Jotun and Kansai Paint build relationship to meet marine and protective demand
15:46 Baltic Sea Ports Authority icebreakers assist merchant vessels in the Gulf of Finland
15:21 Containerships receives its first LNG-powered container vessel
14:44 Uncertainty lingers in fuel markets despite OPEC cuts
14:17 Maersk Line receives Containership Operator of the Year award
14:13 Iran-Indonesia to develop port cooperation
13:22 NOIA: U.S. territories need the Offshore Wind for Territories Act
13:12 QPS inks first "Green Loan" with BNP Paribas
12:48 Panama Canal signs agreement with Brazil's Port of Itaqui