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Last checked at 
16 Aug 2016 10:00
Press-release
NCSP Volumes Total 86 mln tons for 7M 2016 Up 6% y-on-y
16.08.2016
NCSP Group (LSE: NCSP, MOEX: NMTP) hereby reports that its consolidated cargo turnover for the first seven months of 2016 increased by 4 792 thousand tons or 5.9% y-on-y reaching 86 101 thousand tons.
Liquid cargo volumes grew by 3 618 thousand tons or 5.7% y-on-y combined, and reached 67 259 thousand tons. While crude oil volumes standalone increased by 3 523 thousand tons or 8.0% y-on-y and totaled 47 602 thousand tons, due to growth at Primorsk port.
Bulk cargo volumes increased by 341 thousand tons or 5.4% y-on-y combined and comprised 6 633 thousand tons. Grain volumes reduced 9.4% y-on-y, while exporters delay shipments due to low foreign market prices, and comprised 2 815 thousand tons. Iron ore volumes grew by 707 thousand tons or 66.3% y-on-y, and reached 1 772 thousand tons. Coal volumes grew by 193 thousand tons reaching 980 thousand tons, while growth rate doubled versus H1 2016 and reached 24.5% y-on-y.
General cargo volumes increased by 715 thousand tons or 8.6% y-on-y combined and reached 9 071 thousand tons. Transshipment of ferrous metals and pig iron grew by 898 thousand tons or 12.8% y-on-y and totaled 7 933 thousand tons.
Container traffic totaled 3 138 thousand tons or 286 thousand TEU, up 3.9% and 1.5% y-on-y respectively.
NCSP Group Cargo Turnover for January-July 2016 in thousand tons
| 7M 2016 | 7M 2015 | Change | Change % |
Cargo turnover, total | 86 101 | 81 309 | 4 792 | 5.9% |
Liquid cargo, total | 67 259 | 63 641 | 3 618 | 5.7% |
Crude oil | 47 602 | 44 080 | 3 523 | 8.0% |
Oil products | 19 150 | 19 033 | 117 | 0.6% |
UAN | 372 | 374 | -2 | -0.5% |
Seed oils | 134 | 154 | -19 | -12.5% |
Bulk cargo, total | 6 633 | 6 293 | 341 | 5.4% |
Grain | 2 815 | 3 109 | -294 | -9.4% |
Chemical cargo* | 583 | 654 | -71 | -10.8% |
Sugar | 482 | 677 | -195 | -28.8% |
Iron ore and ore concentrate | 1 772 | 1 066 | 707 | 66.3% |
Coal | 980 | 787 | 193 | 24.5% |
General cargo, total | 9 071 | 8 356 | 715 | 8.6% |
Ferrous metals | 7 933 | 7 035 | 898 | 12.8% |
Timber | 294 | 387 | -93 | -24.1% |
Timber (thousand cubic meters) | 532 | 704 | -172 | -24.4% |
Non-ferrous metals | 663 | 699 | -37 | -5.2% |
Perishable cargo | 32 | 123 | -91 | -74.4% |
Other | 151 | 113 | 38 | 33.8% |
Containers | 3 138 | 3 020 | 118 | 3.9% |
Containers (thousand TEU) | 286 | 282 | 4 | 1.5% |
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
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