Total throughput of NCSP Group in seven months rises 5.9% to more than 86 million tonnes
Consolidated traffic volume handled at the terminals of NCSP Group between January and July 2016 reached 86,101,000 tonnes, or 5.9% year-on-year, the Group said.
Handling of liquid bulk cargo in the seven-month period grew by 5.7% on the same period a year earlier to 67,259,000 tonnes. Crude oil exports at the Port of Primorsk contributed to a 8.0-percent growth in the segment to 47,602,000 tonnes.
Dry bulk loads volume increased by 5.4% to 6,633,000 tonnes. However, grain exports shrank to 2,815,000 tonnes (- 9.4%) due to lowering prices on foreign markets and to shipment delays by exporters. Volumes of iron ore on the contrary surged by 66.3% reaching 1,772,000 million tonnes. Coal shipments jumped by 24.5% to 980,000 tonnes.
In the reporting period the Group's stevedores moved more than 9 million tonnes of general cargo, a 8.6-percent gain. Handling of ferrous metals and iron rose 12.8% to 7,933,000 tonnes.
Container traffic at the terminals of NCSP Group in 20' units climbed 1,5% to 286,000 TEUs and in a tonne equivalent by 3.9% to 3,138,000 tonnes.
NCSP Group is the largest Russian port operator by cargo volumes. Shares of PJSC "NCSP" are listed on the Moscow Stock Exchange (ticker NMTP), as well as on the London Stock Exchange in the form of GDRs (ticker: NCSP). In 2015 cargo throughput of NCSP Group was 139.7 million tonnes. Consolidated revenue of the Group for 2015 under IFRS was $877 million. EBITDA – $ 657 million. The NCSP Group incorporates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, JSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, OJSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, and JSC SFP.
