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CSP Group's Consolidated Cargo Turnover for HY 2019

Logistic News - Published on Tue, 06 Aug 2019

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NCSP Group informs that the normalized cargo turnover of NCSP Group (with the sale of NGT LLC taken into account) for first Half Year of 2019 grew by 3.9% against 2018 (Normalized indicators of NCSP Group's cargo turnover for 2018-2019: the grain turnover through NGT LLC and Berth No. 3 from May 1, 2018 to December 31, 2018 are not taken into account in the transshipment volume).

Among the key driversthe company names: Growth in crude oil transshipment volumes (+15.8%) amid the general increase in export of this raw material from Russia; Growth in the transshipment of chemical cargoes (+57.3%) due to increased shipments of non-hazardous mineral fertilizers; Growth in the iron ore transshipment volume (+17.2%) due to shipments of iron ore briquettes to Turkey, Europe and Africa.

In January-June 2019, liquid cargo transshipments at NCSP Group's terminals grew by 10.3% or 5,206 thousand tons compared to the same period last year and totaled 55,879 thousand tons.

The volume of crude oil transshipment in January-June 2019 had an increase of 15.8% compared to the same period in 2018 and amounted to 37,438 thousand tons. The turnover of oil products grew by 1.2% or 219 thousand tons and reached 17,926 thousand tons.

The volume of liquid fertilizers (UAN) transshipment was down by 12.7%, and transshipment of seed oils also reduced by 27.1% compared to January-June 2018.

At its seed oil transshipment terminal (launched in November 2018), IPP LLC shipped 149.1 thousand tons in January-June 2019.

In January-June 2019, the normalized turnover of bulk cargo at NCSP Group's terminals (with the sale of NGT LLC taken into account) had a decrease of 23.4% compared to January-June 2018 and totaled 5,588 thousand tons.

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Posted By : Mohan Sharma on Tue, 06 Aug 2019
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