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PJSC 'Novorossiysk Commercial Sea Port' / Trading Statement
NCSP Volumes for 8M 2017 Totaled 97 million tons
20-Sep-2017 / 16:29 CET/CEST
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Press-release
NCSP Volumes for 8M 2017 Totaled 97 million tons
18.09.2017
NCSP Group (LSE: NCSP, MOEX: NMTP) hereby reports that its consolidated
cargo turnover for January-August 2017 totaled 97 052 thousand tons.
CEO of PJSC NCSP Sultan Batov said in a comment on 8M 2017 volumes: «Grain
made absolute record in transshipment. Volumes grew 79.4% year-on-year, and
55.4% just last month - from 765 thousand tons in July to 1 189 thousand
tons in August. Monthly transshipment surpassed one million tons for the
first time since 2013».
Transshipment of light oil products, seed oils, coal, non-ferrous metals,
perishable cargo, and containers was also growing.
Transshipment of liquid cargo in January-August 2017 comprised 73 086
thousand tons, including 51 122 thousand tons of crude oil; 21 239 thousand
tons of oil products; 419 thousand tons of UAN, and 306 thousand tons of
seed oils.
Transshipments of bulk cargo for eight months of 2017 increased by 2 771
thousand tons or 36.3% year-on-year and reached 10 413 thousand tons.
Transshipment of grain increased by 2 811 thousand tons or 79.4%
year-on-year and reached 6 352 thousand tons, supported by the massive 2017
harvest, competitive prcing of Russian grain, and concentration of exports
at deep-sea ports.
Transshipment of coal increased by 294 thousand tons or 25.8% year-on-year
and reached 1 434 thousand tons on the back of increased demand for sized
coal in the South before the winter heating season while freight at Azov sea
ports becomes more expensive.
Transshipment of iron ore and ore concentrate, chemical cargo, and sugar in
the reporting period comprised 1 762 thousand tons, 551 thousand tons, and
315 thousand tons respectively.
Transshipment of general cargo in January-August 2017 totaled 9 244 thousand
tons, including 8 031 thousand tons of ferrous metals and pig iron, 782
thousand tons of non-ferrous metals, 251 thousand tons of processed timber,
and 181 thousand tons of perishable cargo.
Non-ferrous metals volumes increased by 41 thousand tons or 5.5% thousand
tons thanks to growing prices and exports.
Transshipment of containers in the reporting period increased 12.9%
year-on-year in tons and 25.2% year-on-year in TEU, and totaled 4 046
thousand tons or 404 thousand TEU respectively.
Growth in containers is supported by increased demand for export in
containers, incoming traffic of containers to be loaded, and increased
supplies of car parts and assembly kits.
Transshipment of other cargo in January-August 2017 totaled 263 thousand
tons.
NCSP Group Cargo Turnover for January-August 2017 (thousand tons)
8M 2017 8M 2016 Change Change %
Cargo turnover, total 97 051.9 98 362.7 -1 -1.3%
310.8
Liquid cargo, total 73 086.0 76 672.7 -3 -4.7%
586.7
Crude oil 51 122.0 54 438.0 -3 -6.1%
316.0
Oil products 21 239.4 21 654.9 -415.5 -1.9%
UAN 418.5 439.5 -21.0 -4.8%
Seed oils 306.0 140.3 165.7 118.1%
Bulk cargo, total 10 412.6 7 642.0 2 770.6 36.3%
Grain 6 351.5 3 540.7 2 810.8 79.4%
Chemical cargo* 550.7 645.9 -95.2 -14.7%
Sugar 315.0 521.8 -206.8 -39.6%
Iron ore and ore concentrate 1 761.8 1 793.9 -32.1 -1.8%
Coal 1 433.7 1 139.7 294.0 25.8%
General cargo, total 9 244.1 10 100.3 -856.2 -8.5%
Ferrous metals 8 030.5 8 972.8 -942.3 -10.5%
Timber 250.8 355.0 -104.2 -29.4%
Timber (thousand cubic 455.1 643.3 -188.2 -29.3%
meters)
Non-ferrous metals 781.6 741.0 40.6 5.5%
Perishable cargo 181.2 31.5 149.7 475.2%
Containers 4 045.9 3 583.6 462.3 12.9%
Containers (thousand TEU) 404.2 322.7 81.5 25.2%
Other cargo 263.2 364.0 -100.8 -27.7%
About NCSP Group
NCSP Group is the largest port operator in Russia and the third largest in
Europe by cargo turnover in 2016. NCSP Group is traded on Moscow Exchange
(NMTP) and London Stock Exchange as GDRs (NCSP). NCSP Group volumes in 2016
totaled 147 million tons. Consolidated revenue to IFRS in 2016 totaled
$865.5 million and EBITDA $675.5 million. NCSP Group consists of: PJSC
Novorossiysk Commercial Sea Port, Primorsk Trade Port LLC, Novorossiysk
Grain Terminal LLC, OJSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC
NLE, OJSC IPP, Baltic Stevedore Company LLC, JSC SFP.
Contacts
Kristina Senko, Public Relations: KSenko@ncsp.com
Mikhail Shchur, Investor Relations: MShchur@ncsp.com
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Archive at www.dgap.de/ukreg
ISIN: US67011U2087
Category Code: TST
TIDM: NCSP
Sequence No.: 4644
End of Announcement EquityStory.RS, LLC News Service
611427 20-Sep-2017
(END) Dow Jones Newswires
September 20, 2017 10:30 ET (14:30 GMT)
