Marketscreener 17.06.2021Marketscreener: Novorossiysk Commercial Sea Port : NCSP Group's consolidated cargo turnover for January–April 2021, year-over-year
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 ports increased by 1 p.p. to 11% year-over-year.