OREANDA-NEWS. June 22, 2010. The Novorossiysk Commercial Sea Port Group (LSE: NCSP, RTS and MICEX: NMTP) hereby reports its consolidated operating results for January-May 2010. In the reporting period NCSP Group’s cargo turnover amounted to 35 839.5 thousand tons, which is by 0.6% (201.8 thousand tons) less than the volume of January-May 2009. At the same time cargo traffic in May versus April 2010 has increased by 9.7% (662.0 thousand tons) totaling 7 499.9 thousand tons.

In the reporting period the total amount of cargoes that demonstrated a positive growth rate recorded an aggregate growth of 1 767.9 thousand tons versus January-May 2009. Growth in container cargo, raw sugar, dry mineral fertilizers, and timber contributed 64.3% of this increase.

On the other hand, the aggregate decrease of the cargoes that demonstrated negative dynamics comprised 1 969.7 thousand tons, of which 45.6% was contributed by the slump of iron ore exports due to continuously growing domestic consumption.

Volumes of Liquid cargo in January-May 2010 totaled 23 872.1 thousand tons which represents a 1.4% decrease from the volumes loaded in the same period last year. Meanwhile liquid fertilizer (UAN) volumes continued to grow by 171.9 thousand tons (+20.6%).

Bulk cargo volumes in January-May 2010 reduced by 521.7 thousand tons (-8.3%) versus same period last year, which is conditioned by the decrease of iron ore exports. Loading of grain by direct rail-to-ship technology decreased in the reporting period, making additional capacity available for loading of raw sugar and dry mineral fertilizers, which increased by 239.7 thousand tons (+46.0%) and 238.2 thousand tons (+39.1%) respectively.

General cargo traffic in the reporting period versus January-May last year increased by 127.2 thousand tons (+2.7%). Timber cargo volumes increased by 134.9 thousand tons or by 238.4 thousand cubic meters (+38.9%) and perishable cargo is up by 83.6 thousand tons (+131.2%).

Container traffic in the reporting period increased by 65.4% or by 64.2 thousand TEU versus the same period last year, and reached a total of 162.3 thousand TEU.

NCSP Group Operating Results for January-May 2010

 

January-May

2010

January-May

2009

Change

 

thousand

tons

thousand

tons

thousand

tons

%

Cargo turnover, total

35 839.5

36 041.3

-201.8

-0.6%

Liquid cargo, total

23 872.1

24 203.6

-331.6

-1.4%

Crude oil

17 718.8

18 535.6

-816.8

-4.4%

Petroleum products

5 867.6

5 391.9

475.7

8.8%

UAN

207.3

171.9

35.4

20.6%

Seed oils

78.3

104.2

-25.9

-24.8%

Bulk Cargo, total

5 794.2

6 315.9

-521.7

-8.3%

Grain

3 801.6

3 847.9

-46.3

-1.2%

Mineral fertilizers

847.8

609.6

238.2

39.1%

Sugar

760.8

521.1

239.7

46.0%

Iron ore and ore concentrate

383.9

1 282.3

-898.4

-70.1%

Cement

0.0

55.0

-55.0

-100.0%

General cargo, total

4 762.6

4 635.4

127.2

2.7%

Ferrous metals

3 608.8

3 726.5

-117.7

-3.2%

Timber

481.8

346.9

134.9

 

            Timber, thousand cubic
                meters

851.7

613.3

238.4

38.9%

Non-ferrous metals

451.5

415.6

36.0

8.7%

Perishable cargo

147.4

63.8

83.6

131.2%

Other

73.1

82.7

-9.7

-11.7%

Containers

1 410.7

886.3

524.3

 

Containers (thousand TEU)

162.3

98.2

64.2

65.4%