HomeFeedbackSite mapRussian version

29.01.2018 NCSP Volumes for 2017 totaled 143.5 million tons

NCSP Group (LSE: NCSP, MOEX: NMTP) hereby reports that Groups consolidated cargo turnover for the twelve months of 2017 totaled 143517 thousand tons.

Aggregated increase in transshipment of all cargoes totaled 5983 thousand tons, including 4527thousand tons of grain, 620 thousand tons of containers, 248 thousand tons of seed oils, 247 thousand tons of coal, 218 thousand tons of perishable cargo, 111 thousand tons of ferrous metals, and 11 thousand tons of other cargo.

Aggregated decrease in transshipment of all cargoes totaled 9378 thousand tons, including 6367 thousand tons of crude oil, 1389 thousand tons of oil products, 834 thousand tons of ferrous metals and pig iron, 235 thousand tons of iron ore and ore concentrate, 167 thousand tons of timber, 150 thousand tons of raw sugar, 120 thousand tons of UAN liquid fertilizer, and 116 thousand tons of bulk fertilizers and sulphur (chemical cargoes).

Consequently Groups volumes in 2017 reduced by 3395 thousand tons or 2.3% year-on-year.

Transshipment of liquid cargo in 2017 reduced by 7628 thousand tons or 6.7% year-on-year and totaled 106066 thousand tons, including 74750 thousand tons of crude oil, 30300 thousand tons of oil products, 596 thousand tons of UAN, and 420 thousand tons of seed oils.

Volumes of crude oil and oil products reduced 7.8% and 4.4% year-on-year respectively. While transshipment of crude oil at Novorossiysk grew by 0.9% year-on-year to 30708 thousand tons, at Primorsk it reduced by 13.1% year-on-year to 44041 thousand tons.

Transshipment of oil products at Novorossiysk fell by 1202 thousand tons or 6.7% year-on-year to 16699 thousand tons, while at Primorsk the drop was 1.4% percent to 13600 thousand tons.

Total transshipment of oil products at Russian seaports in 2017 grew only 0.5% year-on-year thanks to increase of shipments from Tuapse refinery via the port of Tuapse, and from Anitipinsk and Maryisk refineries via a proprietary terminal in Murmansk.

Transshipment of UAN liquid fertilizer reduced 16.7% year on-year, while volumes of seed oils grew 144.3% year-on-year.

Transshipment of bulk cargo in 2017 increased by 4273 thousand tons or 33.1% year-on-year and reached 17181 thousand tons.

Grain volumes in the reporting period showed record breaking growth of 4527 thousand tons or 67.7% year-on-year thanks to favorable market conditions and abundant harvest of 2017.

Transshipment of grain at NCSP Group in 2017 grew at a rate twice as fast, as the industrys average growth, which only amounted to 34.7% year-on-year, according to ASOP.

NCSP Group has also set another record in 2017 and reached an all-times high in grain transshipment with 11214 thousand tons of annual volume, which exceeded the previous 9 074 thousand tons record set in 2009 by 2140 thousand tons or 23.6%.

Transshipment of coal in 2017 increased by 247 thousand tons or 14.1% year-on-year and reached 1994 thousand tons.

Transshipment of iron ore and ore concentrate in 2017 reduced by 235 thousand tons or 7.9% year-on-year and totaled 2752 thousand tons, due to factors like growing domestic demand, increase of exports to China and a drop in sales to Turkey, as well as rerouting some of the cargo to Eastern Europe and to alternative shipping routes partly due to shortage of railroad capacity in eth second half of the year.

Volumes of raw sugar and chemical cargo in 2017 reduced 13.8% and 23.1% year-on-year down to 722 and 500 thousand tons respectively. Drop in raw sugar transshipment stems from spike in domestic sugar-beet production and cuts in transit shipments as they became too expensive.

Transshipment of general cargo in 2017 reduced by 671 thousand tons or 4.6% year-on-year and totaled 13843 thousand tons.

Volumes of ferrous metals and pig iron in 2017 reduced by 834 thousand tons or 6.5% year-on-year to 11923 thousand tons. Most exporters, including Metalloinvest and EVRAZ, reduced shipment due to weak global demand and growing domestic consumption.

Volumes of timber reduced 28.7% year-on-year to 413 thousand tons.

Transshipment of non-ferrous metals increased by 111 thousand tons or 10.1% year-on-year and reached 1216 thousand tons.

Volumes of perishable cargo increased almost fourfold by 218 thousand tons and reached 291 thousand tons thanks to resumed import of fresh fruits and vegetables from Turkey.

Transshipment of containers in 2017 increased 23.2% year-on-year in TEU and reached 596thousand TEU or 5952 thousand tons. NCSP Groups container traffic in 20-17 was growing 7.7 percent points ahead of the industry, while total transshipment of containers at Russian ports increased 15.5% year-on-year in TEU according to ASOP.

Container traffic at BSC was growing even faster by 56% year-on-year in TEU thanks to increased supplies to the auto-assembly plants in Kaliningrad region.

Transshipment of other cargo in 2017totaled 476 thousand tons.

NCSP Group Cargo Turnover for January-December 2017 (thousand tons)

12M 2017

12M 2016

Change

Change %

Cargo turnover, total

143 517.1

146 912.3

-3 395.1

-2.3%

Liquid cargo, total

106 065.6

113 693.5

-7 627.8

-6.7%

Crude oil

74 749.6

81 117.0

-6 367.4

-7.8%

Oil products

30 299.6

31 688.7

-1 389.1

-4.4%

UAN

596.0

715.7

-119.7

-16.7%

Seed oils

420.5

172.1

248.4

144.3%

Bulk cargo, total

17 181.2

12 908.3

4 272.9

33.1%

Grain

11 214.3

6 687.0

4 527.3

67.7%

Chemical cargo*

721.8

837.5

-115.7

-13.8%

Sugar

499.8

650.1

-150.3

-23.1%

Iron ore and ore concentrate

2 751.7

2 986.8

-235.1

-7.9%

Coal

1 993.7

1 746.9

246.8

14.1%

General cargo, total

13 842.6

14 513.6

-671.1

-4.6%

Ferrous metals

11 922.6

12 756.7

-834.1

-6.5%

Timber

413.0

579.6

-166.6

-28.7%

Timber (thsnd cubic meters)

750.0

1 049.9

-299.9

-28.6%

Non-ferrous metals

1 215.7

1 104.3

111.4

10.1%

Perishable cargo

291.2

73.1

218.1

298.5%

Containers

5 952.0

5 332.3

619.7

11.6%

Containers (thousand TEU)

596.0

483.6

112.4

23.2%

Other cargo

475.7

464.6

11.1

2.4%

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 147million 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


(Download XLSX 245,05 Kb)

 

Back to list