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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
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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: KSenko@ncsp.com
Mikhail Shchur, Investor Relations: MShchur@ncsp.com
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)
