NCSP Volumes for 9M 2017 Totaled 107.7 million tons

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PJSC 'Novorossiysk Commercial Sea Port' (NCSP) 
NCSP Volumes for 9M 2017 Totaled 107.7 million tons 
 
11-Oct-2017 / 16:30 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer / publisher is solely responsible for the content of this 
announcement. 
 
      Press-release 
 
      NCSP Volumes for 9M 2017 Totaled 107.7 million tons 
 
            11.10.2017 
 
     NCSP Group (LSE: NCSP, MOEX: NMTP) hereby reports that its consolidated 
    cargo turnover for January-September 2017 totaled 107 742 thousand tons. 
 
  CEO of PJSC NCSP Sultan Batov commented on 9M 2017 operating results: «For 
 the three quarters of 2017 transshipment of grain totaled a record breaking 
   7 464 thousand tons with 84.4% year-on-year growth. In September alone we 
   loaded 1 113 thousand tons of grain. On the other hand, worsening weather 
      conditions in September have negatively affected transshipment of many 
            cargoes. Storm warnings were issues for a total of some 6 days». 
 
      Transshipment of liquid cargo in January-September 2017 totaled 80 799 
 thousand tons, including 56 951 thousand tons of crude oil; 23 055 thousand 
   tons of refined oil products; 456 thousand tons of UAN liquid fertilizer, 
            and 337 thousand tons of seed oils. 
 
  Transshipment of crude oil and refined oil products decreased in September 
        versus August 2017 due to seasonal maintenance works at some Russian 
  refineries and stormy weather, which lead to postponement of some material 
            shipments till next month. 
 
  Transshipment of bulk cargo for the nine months of 2017 increased by 3 269 
      thousand tons or 37.8% year-on-year, and reached 11 915 thousand tons. 
 
  Transshipment of grain in the reporting period increased by 3 417 thousand 
    tons or 84.4% year-on-year and totaled 7 464 thousand tons. Growth rates 
   accelerated by 5 percent point compared to January-August 2017. Growth is 
            supported by the huge 2017 harvest. 
 
 Volumes of coal in January-September 2017 increased by 300 thousand tons or 
            23.7% year-on-year and reached 1 563 thousand tons. 
 
    Transshipment of iron ore and ore concentrate, chemical cargo, and sugar 
     comprised 1 894 thousand tons, 571 thousand tons, and 422 thousand tons 
            respectively. 
 
 Volumes of iron ore and ore concentrate decreased in September comparted to 
 August 2017 due to stormy weather, maintenance works at some mines, growing 
  local consumption, and a drop in global prices in view of steel production 
            cuts in China. 
 
     Transshipment of general cargo in January-September 2017 totaled 10 340 
 thousand tons, incusing 8 987 thousand tons of ferrous metals and pig iron, 
   868 thousand tons of non-ferrous metals, 296 thousand tons of timber, and 
188 thousand tons of perishable cargo. Volumes of non-ferrous metals were up 
            30 thousand tons or 3.6% year-on-year. 
 
  Container traffic in the reporting period comprised 4 386 thousand tons or 
439 thousand TEU, growing 10.7% year-on-year in tons, and 23.3% year-on-year 
            in TEU. 
 
 Transshipment of other cargo in January-September 2017 totaled 303 thousand 
            tons. 
 
        NCSP Group Cargo Turnover for January-September 2017 (thousand tons) 
 
                             9M 2017   9M 2016  Change   Change 
                                                         % 
Cargo turnover, total        107 742.0 110      -2 744.4 -2.5% 
                                       486.4 
Liquid cargo, total          80 799.3  86 118.4 -5 319.1 -6.2% 
Crude oil                    56 951.4  61 259.2 -4 307.8 -7.0% 
Oil products                 23 055.3  24 209.4 -1 154.1 -4.8% 
UAN                          455.9     509.5    -53.6    -10.5% 
Seed oils                    336.7     140.3    196.4    140.0% 
Bulk cargo, total            11 914.8  8 646.0  3 268.8  37.8% 
Grain                        7 464.1   4 046.7  3 417.4  84.4% 
Chemical cargo*              571.4     733.6    -162.2   -22.1% 
Sugar                        421.9     582.2    -160.3   -27.5% 
Iron ore and ore concentrate 1 894.4   2 020.1  -125.7   -6.2% 
Coal                         1 563.0   1 263.4  299.6    23.7% 
General cargo, total         10 339.5  11 321.8 -982.3   -8.7% 
Ferrous metals               8 987.4   10 032.8 -1 045.4 -10.4% 
Timber                       295.7     419.4    -123.7   -29.5% 
Timber (thousand cubic       535.4     760.4    -225.0   -29.6% 
meters) 
Non-ferrous metals           868.1     838.1    30.0     3.6% 
Perishable cargo             188.3     31.5     156.8    497.7% 
Containers                   4 385.7   3 960.1  425.6    10.7% 
Containers (thousand TEU)    438.9     355.8    83.1     23.3% 
Other cargo                  302.8     440.1    -137.4   -31.2% 
 
            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. 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: [e-mail] 
 
            Mikhail Shchur, Investor Relations: [e-mail] 
 
ISIN:          US67011U2087 
Category Code: TST 
TIDM:          NCSP 
Sequence No.:  4728 
 
End of Announcement EQS News Service 
 
618013 11-Oct-2017 
 
 

(END) Dow Jones Newswires

October 11, 2017 10:31 ET (14:31 GMT)