NCSP Group’s consolidated cargo turnover for Jan–Apr 2020 totalled 45.9 mln tons

Novorossiysk, Russia (Ports Europe) June 10, 2020 - NCSP Group has reported that cargo turnover of NCSP Group for January–April 2020 grew by 1.7% compared to the same period of 2019. A key driver was growth of 1.368 million tons in oil transshipment against the backdrop of the total increased turnover of this raw material in the ports of the Russian Federation. Transshipment of liquid cargo at NCSP Group terminals was up by 6.4% or 2.311 million tons on par with the same period in 2019. Transshipment of crude oil for the first four months of 2020 increased to 24.09 million tons against the same period in 2019 (+6%, or 1.368 million tons), the growth rate is higher than the industry growth rates by 3 p.p. Cargo turnover of oil products increased by 6.8% to 13.667 million tons (by 871,000 tons), which is higher than the industry growth rates by 1.5 p.p. The volume of vegetable oil transshipment grew by 93.1% to 196,000 tons. Turnover of liquid fertilizers (UAN) totalled 223,000 tons, below the figure for the previous-year period (–9.3%). In January–April 2020, the volume of bulk cargo transshipment at the NCSP Group terminals amounted to 2.286 million tons, or increased by 320,000 tons (+16.3%) against the same period in 2019. The volume of iron ore raw materials transshipment climbed up by 59.9% or 581,000 tons, to 1.549 million tons. Coal cargo turnover amounted to 459,000 tons. Transshipment of chemical cargo was up by 28,000 tons (+12.6%). The volume of raw sugar transshipment totaled 5 thousand tons. This drop was due to the refocusing of beet sugar exports from Russia to Asian CIS countries amid the following circumstances: high raw sugar market price and low price of Russian beet sugar in the domestic market. In January–April 2020, transshipment of general cargo at terminals of NCSP Group decreased by 27.3%, or 1.366 million tons, relative to the result of 4 months 2019, and amounted to 3.639 million tons. The decrease in volumes was mainly due to lower turnover of ferrous metals and cast iron, which amounted to 3.177 million tons (-30% or 1.394 million tons), caused by unfavorable conditions in the foreign markets in the segment of finished products. Transshipment volumes of non-ferrous metals reached 373,000 tons, an increase of 81,000 tons (+28%) thanks to strong activity in the aluminum market. NCSP Group's container transshipment through its berths totaled 1.65 million tons or 175,000 TEU in January–April 2020, which is 25% less in tons or (23% less in TEU) compared to the previous year against the background of reduced turnover of freighted import containers, because of the COVID-19 Pandemic beginning included. Other cargo In January–April 2020, the volume of other cargo transshipment at NCSP Group terminals made up 122,000 tons, which is 52,000 tons more against the same period in 2019. Tabular information for cargo for the period January-April 2020 can be accessed here. NCSP Group is the largest port operator in Russia and the third-largest in Europe, in terms of cargo turnover in 2017. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, LLC Novorossiysk Grain Terminal, JSC Novorossiysk shiprepair yard, JSC FNCSP, JSC NLE, LLC IPP, LLC Baltic Stevedore Company, and JSC SFP. Source: NCSP

NCSP Group’s consolidated cargo turnover for Jan–Apr 2020 totalled 45.9 mln tons

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NCSP Group’s consolidated cargo turnover for Jan–Apr 2020 totalled 45.9 mln tons

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