OREANDA-NEWS. June 20, 2012. NCSP Group (LSE: NCSP, MICEX: NMTP) reports consolidated operating results for five months of 2012.

NCSP Group’s total cargo turnover in the reporting period amounted to 68.4 million tons which represents an increase of 3.9 million tons versus the same period of 2011. Total cargo turnover growth of Russian sea ports according to Association of Russian Sea Ports amounted 5.2%* compared with NCSP Group’s turnover growth rate of 6%.

In the first 5 months of 2012 liquid cargo volumes increased by 1.2 million tons or 2.5% versus the same period of last year compared with decline in total Russian ports turnover in both liquid cargo (by 2%) and crude oil (by 4.8%).

Crude oil transshipment in January-May of 2012 totaled 47.9 million tons, which represents an increase of 1.8% compared to the same period of 2011. This growth is attributed to the increase in volumes of Primorsk Trade Port Ltd by 1.1 million tons or by 3.7%.

Volumes of oil products transshipment across the Group increased by 3.6% or by 0.3 million tons. The total volume of oil products handled during the reporting period amounted to 7.8 million tons, of which 2.3 million tons was attributed to diesel transshipment by Primorsk Trade Port Ltd.

In the first 5 months of 2012 the Group handled 3.6 million tons of grain.

In the bulk cargoes segment substantial increase in cement transshipment should be noted: for the 5 months in 2012 cement transshipment amounted to 102.5 thousand tons compared to 17.6 tons during the same period of 2011.

Growth in general cargo turnover in the first 5 months of 2012 totaled 0.7 million tons or 18.1%. Growth was mainly attributed to the increase in turnover of ferrous metals by 0.8 million tons (26.2%), in timber by 9.1% (+ 29 thousand tones) and in other cargoes by 32 thousand tons which more than offset the decline in non-ferrous metals (-25 thousand tons) and perishable cargoes (-104 thousand tons).

Group’s container turnover remained stable in the reporting period: 262 thousand TEU’s for the 5 months of 2012 compared to 267 thousand TEU’s in the same period of 2011. Minor decline in volumes in Baltiysk (-6 thousand TEUs) was offset by increase in containers throughput in Novorossiysk.