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ER - Consolidated cargo turnover of NCSP Group for 9M 2021 year-over-year

Company: Novorossiysk Commercial Sea Port (NMTP) Date: 2021-11-09 Language: English Register to download

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National Storage Mechanism | Additional information

PJSC 'Novorossiysk Commercial Sea Port' (NCSP)  

Consolidated cargo turnover of NCSP Group for 9M 2021 year-over-year  

  

09-Nov-2021 / 15:30 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.  

  

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Consolidated cargo turnover of NCSP Group  

for 9M 2021 year-over-year  

 

NCSP Group's (LSE: NCSP, MOEX: NMTP) cargo turnover totals 84.9 million tons (+0.6%).

Liquid cargo

Transshipment of liquid cargo was up by 0.1 million tons (+0.2%) to 67.6 million tons. The growth in transshipment of oil products (by 1 million tons, +4.1%) offset a decrease in crude oil turnover (by 0.8 million tons, -1.9%).

The growth rates of oil product transshipment are higher than the overall growth rates in the industry by 1 p.p.

Dry cargo

Dry cargo transshipment increased by 2.5%, to 17.3 million tons. The drivers behind this growth were mainly containers, as well as raw sugar, chemical cargo, ferrous metals, and cast iron:

-   Turnover of containers grew to 3.5 million tons (+8.6% / 0.3 million tons ) mainly due to an increase in transshipment volumes through the BSC LLC terminal. The growth rates of cargo turnover (TEU) across NCSP Group amounted to 25%, 18 p.p. higher than in the industry as a whole.
-   Raw sugar cargo turnover was up 11 times compared to last year and amounted to 0.6 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 0.9 million tons (+61% / 0.4 million tons) due to increased export of fertilizers at the direct option. In the meantime, the turnover of chemical cargo dropped by 2% industrywide.
-   The growth in transshipment of ferrous metals and cast iron to 7.3 million tons (+2.1% / 0.2 million tons) was ensured by high export demand amid the record prices in world markets. 

NCSP Group's cargo turnover for 9M 2021/2020 (thsd t)

|     |     |     |     |     |
| --- | --- | --- | --- | --- |
|     | January-September |     | Change |     |
| 2021 | 2020 | thsd t | %   |
| Cargo turnover, total | 84,939.638 | 84,401.330 | 538.308 | 0.64% |
| Liquid cargo, total | 67,632.905 | 67,518.552 | 114.353 | 0.17% |
| Crude oil | 40,750.135 | 41,533.765 | \-783.630 | \-1.89% |
| Oil products | 26,108.515 | 25,077.823 | 1,030.692 | 4.11% |
| UAN | 512.149 | 541.136 | \-28.987 | \-5.36% |
| Oils | 262.106 | 365.828 | \-103.721 | \-28.35% |
| Bulk cargo, total | 5,342.543 | 5,247.672 | 94.872 | 1.81% |
| Iron ore raw materials | 2,825.520 | 3,645.912 | \-820.392 | \-22.50% |
| Other ore cargo | 24.201 | 45.443 | \-21.242 | \-46.74% |
| Chemical cargo | 949.123 | 589.356 | 359.767 | 61.04% |
| Coal | 916.624 | 907.871 | 8.753 | 0.96% |
| Sugar | 627.074 | 59.089 | 567.986 | 961.24% |
| General cargo, total | 8,276.894 | 8,145.281 | 131.613 | 1.62% |
| Ferrous metals and cast iron | 7,314.596 | 7,160.829 | 153.767 | 2.15% |
| Timber | 107.595 | 133.868 | \-26.273 | \-19.63% |
| Timber (thsd cubic m) | 191.463 | 243.397 | \-51.934 | \-21.34% |
| Nonferrous metals | 655.912 | 741.970 | \-86.058 | \-11.60% |
| Perishable cargo | 198.790 | 108.613 | 90.177 | 83.03% |
| Containers | 3,478.325 | 3,203.238 | 275.087 | 8.59% |
| Containers | 3,478.325 | 3,203.238 | 275.087 | 8.59% |
| Containers (thsd TEU) | 424.663 | 338.717 | 85.946 | 25.37% |
| Other | 208.970 | 286.587 | \-77.617 | \-27.08% |

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](mailto:MSidorov@ncsp.com)

  

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|     |     |
| --- | --- |
|     |     |
| 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.: | 126385 |
| EQS News ID: | 1247457 |

  

|     |     |
| --- | --- |
|     |     |
| End of Announcement | EQS News Service |

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![fncls.ssp?fn=show_t_gif&application_id=1247457&application_name=news&site_id=fca](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1247457&application_name=news&site_id=fca)

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