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

NCSPGroup(LSE: NCSP, MOEX: NMTP) herebyreportsthatitsconsolidatedcargoturnoverfor January-August 2017totaled 97 052 thousand tons.

CEOofPJSCNCSPSultanBatovsaid in a comment on 8M 2017 volumes: «Grain made absolute record in transshipment. Volumesgrew 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 milliontons for the first time since 2013».

Transshipmentoflight oil products, seed oils, coal, non-ferrousmetals, perishable cargo, and containers was also growing.

Transshipmentofliquidcargoin January-August2017comprised 73 086 thousand tons, including 51 122 thousand tons of crude oil;21 239thousand tons of oil products;419thousand tonsof UAN, and 306thousand tons of seed oils.

Transshipmentsofbulkcargoforeightmonthsof 2017 increased by 2 771 thousand tonsor 36.3% year-on-year and reached 10 413 thousand tons.

Transshipmentofgrainincreasedby2 811 thousandtonsor 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.

Transshipmentofcoalincreasedby 294 thousandtonsor25.8% 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.

Transshipmentofironoreandoreconcentrate, chemical cargo, and sugar in the reporting period comprised 1 762 thousand tons, 551 thousand tons, and315 thousand tons respectively.

Transshipmentofgeneral cargoin January-August 2017 totaled 9 244 thousand tons, including 8 031 thousand tons of ferrous metals and pig iron, 782 thousand tonsof non-ferrous metals, 251 thousand tonsof processed timber, and 181 thousand tonsof perishable cargo.

Non-ferrousmetalsvolumesincreasedby41 thousandtonsor 5.5% thousand tonsthanks to growing prices and exports.

Transshipmentofcontainersin the reporting period increased 12.9% year-on-year in tons and 25.2% year-on-year in TEU,and totaled 4 046 thousand tonsor 404 thousand TEU respectively.

Growthincontainersissupportedbyincreased demand for export in containers, incoming traffic of containers to be loaded, and increased supplies of car parts and assembly kits.

Transshipmentofothercargo 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

-1 310.8

-1.3%

Liquid cargo, total

73 086.0

76 672.7

-3 586.7

-4.7%

Crude oil

51 122.0

54 438.0

-3 316.0

-6.1%

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 meters)

455.1

643.3

-188.2

-29.3%

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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ISIN: US67011U2087
Category Code: TST
TIDM: NCSP
Sequence No.: 4644

 
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