REG - PJSC Novorossiysk - NCSP Volumes for 10M 2016 Up 5.7% to 122.6 mln ton <Origin Href="QuoteRef">NMTP.MM</Origin>

Novorossiyskiy morskoy torgovyi port PAOAnnouncement

16/11/2016 13:40

RNS Number : 3618P
PJSC Novorossiysk Comm. Sea Port
16 November 2016
Press-release
NCSP Group Volumes for 10M 2016 Up 5.7% to 122.6 mln tons
16.11.2016
NCSP Group (LSE: NCSP, MOEX: NMTP) hereby reports that Group's consolidated cargo turnover for January-October 2016 increased by 6555 thousand tons or 5.7%
y-o-y, and reached 122567 thousand tons.
Transshipment of liquid cargo in the reporting period increased by 5 393 thousand tons or 6.0% y-o-y, and totaled 95388 thousand tons, of which:
- Crude oil totaled 68451 thousand tons - up by 5569 thousand tons or 8.9% y-o-y.
- Oil products comprised 26 222 thousand tons.
- UAN and seed oils totaled 569 and 147 thousand tons respectively.
Volumes of bulk cargo for 10M 2016 totaled 10132 thousand tons, including:
- Transshipment of grain for January-October 2016 totaled 4823 thousand tons, while year-on-year lag reduced to 8.5% for 10M 2016 versus that of 10.1% for 9M 2016. 
Grain volumes in October hiked 53.5% versus September when shipments to Egypt were resumed after the zero-ergot requirement was cancelled, and the Russian grain export duty was zeroed from September 23 onwards.
- Chemical cargo and sugar volumes totaled 769 and 610 thousand tons respectively.
- Transshipment of iron ore and ore concentrate increased by 709 thousand tons or 40.8% y-o-y, and reached 2445 thousand tons.
- Coal volumes are up by 265 thousand tons or 21.7% y-o-y to 1485 thousand tons, and time annual growth rate accelerated by 5.4 percent points versus that of 9M 2016 as demand improved thanks to forthcoming winter.
In October 2016 NCSP Group has reached the maximum volume of monthly transshipment of coal and iron ore for the last three years - 221 and 302 thousand tons respectively, which is by 78.2% and 33.6% higher that of September 2016.
Transshipment of general cargo in the reporting period totaled 12650 thousand tons, up by 912 thousand tons or 7.8% y-o-y, of which volumes of ferrous metals and pig iron accounted for 10 881 thousand tons and increased 9.5% y-o-y.
Group's container volumes in January-October 2016 totaled 4398 thousand tons or 391 thousand TEU, and increased 2.7% y-o-y in tons.
NCSP Group Cargo Turnover for January-October 2016 (thousand tons)

10M 2016
10M 2015
Change
Change %
Cargo turnover, total
122 567
116 012
6 555
5.7%
Liquid cargo, total
95 388
89 996
5 393
6.0%
Crude oil
68 451
62 881
5 569
8.9%
Oil products
26 222
26 371
-149
-0.6%
UAN
569
578
-8
-1.4%
Seed oils
147
166
-19
-11.5%
Bulk cargo, total
10 132
9 996
135
1.4%
Grain
4 823
5 269
-445
-8.5%
Chemical cargo*
769
1 004
-235
-23.4%
Sugar
610
769
-159
-20.7%
Iron ore and ore concentrate
2 445
1 736
709
40.8%
Coal
1 485
1 220
265
21.7%
General cargo, total
12 650
11 738
912
7.8%
Ferrous metals 
10 881
9 939
942
9.5%
Timber
487
536
-49
-9.1%
 Timber (thousand cubic meters)
883
972
-89
-9.1%
Non-ferrous metals
933
981
-49
-5.0%
Perishable cargo
32
132
-101
-76.2%
Other
318
150
168
112.2%
Containers
4 398
4 283
115
2.7%
 Containers (thousand TEU)
391
391
0
0.1%
About NCSP Group
NCSP Group is the largest port operator in Russia and the third largest in Europe by cargo turnover in 2015. NCSP Group is traded on Moscow Exchange (NMTP) and London Stock Exchange as GDRs (NCSP). NCSP Group volumes in 2015 totaled 139.7 million tons. Consolidated revenue to IFRS in 2015 totaled $877 million and EBITDA $657 million. NCSP Group consists of: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, JSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, and JSC SFP.
Contacts
Kristina Senko, Public Relations: KSenko@ncsp.com
Mikhail Shchur, Investor Relations: MShchur@ncsp.com

This information is provided by RNS
The company news service from the London Stock Exchange
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