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Russia’s NCSP Group Reports Cargo Turnover Down 2.3% In 2018

Russia’s NCSP Group reports cargo turnover down 2.3% in 2018

Russia’s NCSP Group Reports Cargo Turnover Down 2.3% In 2018

Novorossiysk, Russia (PortSEurope) February 14, 2019 – NCSP Group, a Russian port operator, has reported that cargo turnover for 2018 was 140.209 million tons, down 2.3% on 2017.

In the liquid cargo category, the total was down 5.2% at 100.541 million tons, with reductions in crude oil (-11.4%) and seed oils (-35.34%). Oil products increased 9.7% and UAN rose 33.7%.

Bulk cargo increased by 2.3% to 17.584 million tons. The main sector, grain, increased 14.3%, but other sectors saw reductions (chemicals -19.4%, sugar -45.8%, iron ore raw materials -101% and coal -27.6%.

General cargo rose by 8.1% to 14.965 million tonnes. The leading sub-category, ferrous metals and cast iron, increased by 13%, but reductions were reported in timber (-25.1%), non-ferrous metals (-17.7%) and perishable cargo (-36.8%).

The number of containers handled increased by 2.8% at 6.121 million tons. TEUs were up 4.1% at 620,000.

NCSP Group is the largest port operator in Russia and the third largest in Europe, in terms of cargo turnover in 2017. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, LLC Novorossiysk Grain Terminal, JSC Novorossiysk shiprepair yard, JSC FNCSP, JSC NLE, LLC IPP, LLC Baltic Stevedore Company, and JSC SFP.

Fuller cargo statistics can be accessed here.

Source: NCSP

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