Consolidated cargo turnover of NCSP Group in 4M’2021 fell by 18.7% YoY
NCSP Group has published its consolidated cargo turnover for January–April 2021.
Transshipment of liquid cargo amounted to 29.4 million tons, down by 8.7 million tons (–22.9%). The indicator was mostly affected by decrease in transshipment of crude oil (-31.3%, or 7.5 million tons) against the backdrop of a general decline in oil exports (implementation of the OPEC+ agreement to reduce oil production from May 1, 2020).
Transshipment of dry cargo amounted to 7.8 million tons (up by 0.15 million tons or 2%). The growth in ferrous metals and iron, sugar, containers, perishables and chemical goods offset a slight decrease in transshipment of other cargo.
The growth in ferrous metals and iron turnover was driven by strong demand for exports amid record prices in global markets. The increase in sugar transshipment was due to higher demand from CIS Asian countries for imported raw sugar for processing.
Container transshipment amounted to 1.7 million tons (up by 0.03 million tons or 2%). Growth of container turnover in twenty-foot equivalent (TEU) was 17.5%.
In January–April 2021, the share of NCSP Group in container transshipment in Russian por ts increased by 1 p.p. to 11% year-over-year.
NCSP Group's cargo turnover in January–April 2021/2020 (thsd t)
|
January–April |
Change |
|||
|
2021 |
2020 |
thsd t |
% |
|
|
Cargo turnover, total |
37,289.338 |
45,872.860 |
–8,583.522 |
–18.71% |
|
Liquid cargo, total |
29,440.884 |
38,176.074 |
–8,735.190 |
–22.88% |
|
Crude oil |
16,547.795 |
24,090.170 |
–7,542.375 |
–31.31% |
|
Oil products |
12,475.831 |
13,666.675 |
–1,190.845 |
–8.71% |
|
UAN |
220.389 |
223.084 |
–2.695 |
–1.21% |
|
Oils |
196.869 |
196.145 |
0.725 |
0.37% |
|
Bulk cargo, total |
2,156.880 |
2,285.793 |
–128.912 |
–5.64% |
|
Iron ore raw materials |
1,218.517 |
1,549.279 |
–330.762 |
–21.35% |
|
Other ore cargo |
4.468 |
23.764 |
–19.296 |
–81.20% |
|
Chemical cargo |
293.680 |
249.395 |
44.285 |
17.76% |
|
Coal |
436.405 |
458.765 |
–22.359 |
–4.87% |
|
Sugar |
203.810 |
4.590 |
199.220 |
4,340.16% |
|
General cargo, total |
3,920.936 |
3,646.409 |
274.527 |
7.53% |
|
Ferrous metals and cast iron |
3,493.928 |
3,183.831 |
310.097 |
9.74% |
|
Timber |
24.867 |
41.061 |
–16.194 |
–39.44% |
|
Timber (thsd cubic m) |
45.212 |
74.656 |
–29.444 |
–39.44% |
|
Nonferrous metals |
314.924 |
372.856 |
–57.932 |
–15.54% |
|
Perishable cargo |
87.218 |
48.662 |
38.556 |
79.23% |
|
Containers |
1,681.741 |
1,649.584 |
32.157 |
1.95% |
|
Containers |
1,681.741 |
1,649.584 |
32.157 |
1.95% |
|
Containers (thsd TEU) |
206.204 |
175.463 |
30.741 |
17.52% |
|
Other cargo |
88.897 |
115.000 |
–26.104 |
–22.70% |
NCSP Group is the largest port operator in Russia by cargo turnover. Its controlling shareholder (62%) is PJSC Transneft.
NCSP Group comprises PJSC Novorossiysk Commercial Sea Port, Primorsk Trade Port LLC, JSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, IPP LLC, Baltic Stevedore Company LLC, and JSC SFP. PJSC NCSP and PJSC Transneft own NCS LLC on a parity basis.
