NCSP Group is Europe’s third largest port operator in terms of cargo turnover, and the undisputed leader in the Russian market.
The Group operates two of the largest Russian ports – Port of Novorossiysk on the Black Sea coast, and Port of Primorsk on the Baltic Sea – as well as Port of Baltiysk in Kaliningrad region.
The ports of the Group are an integral part of major international cargo transit routes that connect Russia with Europe, the Middle East, North Africa, South-East Asia, North and South America, which makes them the key gateways for Russia’s export and import trade.
In 2012 NCSP Group’s market share amounted to 28% of the total cargo turnover at Russian seaports, as well as for 56% of crude oil handling at seaports, and 33% of grain handling at seaports.
Group’s cargo turnover in 2012 totaled 159 million tons, of which 83 million tons were loaded at the Port of Novorossiysk, and 75 million tons were loaded at the Port of Primorsk.
NCSP Group’s consolidated revenue to IFRS comprised $ 1034 million; EBITDA $ 592 million, and net profit $316 million.
NCSP Group and Metallonivest Signed Leter of Intent to Facilitate Transshipment of up to 10 million tonnes of Iron Ore per year
Novorossiysk Commercial Sea Port Group (NCSP Group or the Group) (LSE: NCSP, Moscow Exchange: NMTP) announces that NCSP Group and Metalloinvest company have concluded an agreement of intent to facilitate export transshipment of iron ore and pig iron in the amount of up to 10 million tonnes per year on behalf of Metalloinvest, and, on behalf of NCSP Group, to implement a project of construction of a specialized bulk cargo terminal with access railways and hydraulic structures at the Port of Novorossiysk.
Novoroslesexport Commences Berth Reconstruction
Novorossiysk Commercial Sea Port Group (NCSP Group or the Group) (LSE: NCSP, Moscow Exchange: NMTP) announces that PJSC Novoroslesexport, a company of NCSP Group, has engaged OOO PortGidroSroi as general contractor, and commenced works under the first stage of the project to refurbish berths 28A, 28, 29, and 30 at the port of Novorossiysk. First stage of the project will cost 232 million rubles and shall be completed in 223 calendar days.