REG - PJSC Novorossiysk - NCSP Volumes up 6.7% to 62.6 mln tons for 5M 2016 <Origin Href="QuoteRef">NMTP.MM</Origin>

Novorossiyskiy morskoy torgovyi port PAOAnnouncement

15/06/2016 15:05

RNS Number : 2934B
PJSC Novorossiysk Comm. Sea Port
15 June 2016
Press release
NCSP Group Volumes up 6.7% y-on-y to 62.6 mln tonnes for 5M 2016
15.06.2016
NCSP Group (LSE: NCSP, MOEX: NMTP) hereby reports, that its consolidated cargo turnover in January-May 2016 increased 6.7% year on year and reached 62.6 million tonnes.
Liquid cargo volumes were up 5.7% year-on-year and totaled 48.9 million tonnes, bulk cargo increased 14.5% year-on-year up to 5.0 million tonnes, general cargo grew 7.0% year-on-year an amounted to 6.3million tonnes, and container cargo was up 10% year-on-year totaling 2.3 million tonnes or 210 thousand TEU.
Commenting on the operating results for 5M 2016, CEO of PJSC NCSP Sultan Batov said: At the end of five months of 2016 total volumes' growth rate sped up by 1.4 percent points versus that of the 4M 2016. Growth rates of crude oil, coal, and ferrous metals volumes also accelerated by 3.2; 2.2; and 2 percent points respectively.
Liquidcargo
Liquid cargo volumes increased by 2645 thousand tonnes or 5.7% year-on-year and totaled 48928 thousand tonnes in January-May 2016.
Crude oil volumes rose by 2567 thousand tonnes and reached 34434 thousand tonnes. Volumes growth rate accelerated up to 8.1% year-on-year, versus 4.8% year-on-year for January-April 2016.
Volumes of oil products and UAN did not change materially and comprised 14129 thousand tonnes and 238 thousand tonnes respectively. Seed oils volumes totaled 128 thousand tonnes.
Bulk cargo
Transshipment of bulk cargo in the reporting period increased by 638 thousand tonnes or 14.5% year-on-year and totaled 5029 thousand tonnes.
Volumes of grain were up by 237 thousand tonnes or 11.2% year-on-year and reached 2357 thousand tonnes. Transshipment of grain in May versus April 2016 reduced due to the shortage of volumes as exporters wrap up trading grain of the season 2015-2016 and prepare for trading the new harvest.
Iron ore volumes increased by 519 thousand tonnes or 76.3% year-on-year up to 1201 thousand tonnes.
Transshipment of coal increased by 53 thousand tonnes up to 684 thousand tonnes. Transshipment growth rate accelerated to 8.4% year-on-year versus 6.2% year-on-year for January-April 2016.
Volumes of chemical cargo and sugar totaled 451 thousand tonnes and 337 thousand tonnes respectively.
Generalcargo
General cargo grew by 412 thousand tonnes or 7.0% year-on-year and totaled 6328 thousand tonnes.
Volumes of ferrous metals and pig iron increased by 569 thousand tonnes and reached 5531 thousand tonnes. Volumes growth rate accelerated to 11.5% year-on-year, versus 9.4% year-on-year for 4M 2016.
Transshipment pf non-ferrous metals, timber, perishable, and other cargo comprised 451 thousand tonnes, 213 thousand tonnes, and 133 thousand tonnes respectively.
Containercargo
NCSP Group's container traffic in January-May 2016 comprised 2304 thousand tonnes or 210 thousand TEU, up 10.0% year-on-year in tonnes and 5.0% year-on-year in TEU.


NCSP Group Cargo Turnover for January-May 2016 in thousand tonnes

January-May
Change
Change %
2016
2015
Cargo turnover, total
62 588
58 683
3 905
6.7%
Liquid cargo, total
48 928
46 283
2 645
5.7%
Crude oil
34 434
31 867
2 567
8.1%
Oil products
14 129
14 047
82
0.6%
UAN
238
229
9
4.0%
Seed oils
128
142
-13
-9.5%
Bulk cargo, total
5 029
4 391
638
14.5%
Grain
2 357
2 120
237
11.2%
Chemical cargo*
451
463
-12
-2.7%
Sugar
337
496
-159
-32.1%
Iron ore and ore concentrate
1 201
681
519
76.3%
Coal
684
631
53
8.4%
General cargo, total
6 328
5 916
412
7.0%
Ferrous metals 
5 531
4 962
569
11.5%
Timber
213
254
-42
-16.4%
 Timber (ths cubic meters)
385
463
-78
-16.8%
Non-ferrous metals
451
497
-46
-9.2%
Perishable cargo
26
104
-78
-74.7%
Other
107
99
8
8.2%
Containers
2 304
2 093
210
10.0%
 Containers (ths TEU)
210
200
10
5.0%
About NCSP Group
NCSP Group is the largest port operator in Russia and the third largest in Europe, in terms of cargo turnover in 2015. NCSP shares are traded on Russia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). NCSP Group cargo turnover in 2015 totalled 139.7 million tonnes. Consolidated revenue to IFRS in 2015 totalled $ 877 million, and EBITDA $657* million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, JSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, OJSC 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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