Novorossiysk Commercial Sea Port (NMTP)

Business and Financial Review • Sep 7, 2021

National Storage Mechanism | Additional information

PJSC 'Novorossiysk Commercial Sea Port' (NCSP)

Consolidated cargo turnover of NCSP Group for 7M 2021 year-over-year

07-Sep-2021 / 15:01 MSK

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.

The issuer is solely responsible for the content of this announcement.

---

Consolidated cargo turnover of NCSP Group for 7M 2021 year-over-year

NCSP Group's (LSE: NCSP, MOEX: NMTP) cargo turnover totals 67.4 million tons (-2.3%).

Liquid cargo

Transshipment of liquid cargo amounted to 53.1 million tons, down by 2.5 million tons (-4.4%). The segment's largest decrease was related to crude oil, a drop of 7.5% (to 31.7 million tons) amid growing supplies to Russian refineries due to high demand for motor fuel.

Dry cargo

Dry cargo transshipment increased by 6.6%, to 14.3 million tons. The drivers behind this growth were raw sugar, chemical cargo, ferrous metals and cast iron, as well as containers:

• Raw sugar cargo turnover was up 15 times compared to last year and amounted to 0.48 million tons. This is thanks to the higher demand from CIS Asian countries for imported raw sugar for processing against the backdrop of a decrease in exports of Russian white sugar.
• Chemical cargo transshipment volume touched 0.7 million tons (+48.2% / 0.2 million tons) due to increased export of non-hazardous fertilizers at the direct option.
• Growth of ferrous metals and cast iron transshipment to 6.2 million tons

(+7.3% / 0.4 million tons) was supported by high export demand due to record prices on world markets. 

• Container cargo turnover grew by 2.8 million tons (+12.2% / 0.3 million tons). This is mainly associated with the increased transshipment through the terminal of BSC LLC, which climbed from the 10th place (following its performance for seven months of last year) and ranked 7th among the largest terminals in the Russian Federation in January-July 2021.

NCSP Group's cargo turnover for 7M 2021/2020 (thsd t)

	January-July		Change
2021	2020	thsd t	%
Cargo turnover, total	67,382.722	68,968.764	-1,586.042	-2.30%
Liquid cargo, total	53,118.701	55,592.164	-2,473.463	-4.45%
Crude oil	31,656.974	34,240.211	-2,583.237	-7.54%
Oil products	20,848.139	20,606.943	241.196	1.17%
UAN	389.924	412.142	-22.218	-5.39%
Oils	223.664	332.867	-109.204	-32.81%
Bulk cargo, total	4,269.414	4,072.373	197.041	4.84%
Iron ore raw materials	2,303.272	2,831.581	-528.308	-18.66%
Other ore cargo	21.048	38.898	-17.850	-45.89%
Chemical cargo	739.705	498.973	240.732	48.25%
Coal	724.182	670.833	53.350	7.95%
Sugar	481.206	32.089	449.117	1399.60%
General cargo, total	6,987.477	6,558.079	429.398	6.55%
Ferrous metals and cast iron	6,200.950	5,779.278	421.672	7.30%
Timber	64.173	89.628	-25.455	-28.40%
Timber (thsd cubic m)	114.340	162.960	-48.620	-29.84%
Nonferrous metals	551.527	585.171	-33.643	-5.75%
Perishable cargo	170.827	104.002	66.825	64.25%
Containers	2,828.697	2,520.926	307.771	12.21%
Containers	2,828.697	2,520.926	307.771	12.21%
Containers (thsd TEU)	316.870	268.690	48.180	17.93%
Other	178.433	225.222	-46.790	-20.77%

NCSP Group is the largest port operator in Russia by cargo turnover. Its controlling shareholder (62%) is PJSC Transneft.

NCSP Group comprises PJSC NCSP, Primorsk Trade Port LLC, JSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, SC NCSP Fleet, IPP LLC, Baltic Stevedore Company LLC, and JSC SFP. PJSC NCSP and PJSC Transneft own NCS LLC on a parity basis.

For more information, please contact:

For press: MSidorov@ncsp.com

---

ISIN:	US67011U2087
Category Code:	MSCH
TIDM:	NCSP
LEI Code:	LEIA0010014976
OAM Categories:	3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:	121644
EQS News ID:	1231714

End of Announcement	EQS News Service

---