NCSP Group cargo throughput dips in January

The Russian port operator and stevedoring company handled 11.9 million metric tons of cargo in January, a 6 percent decline from January 2015.

   The Russian port operator and stevedoring company Novorossiysk Commercial Sea Port (NCSP) Group posted a 6 percent year-over-year decline in January cargo volumes to 11.9 million metric tons.
   The NCSP Group, which comprises specialized stevedoring companies that operate at ports in the Azov-Black Sea and Baltic basins, operates the Port of Novorossiysk in the eastern part of the Black Sea, the Port of Primorsk on the Gulf of Finland in the Baltic Sea and the Port of Baltiysk in Kaliningrad.
   Liquid cargo volumes handled by the NCSP Group in January totaled 9.4 million metric tons, an 8 percent decline from January 2015. The NCSP Group attributed the decline in liquid cargo volumes to a reduction of oil products and crude oil volumes, which resulted from the rescheduling of some shipments to next month as a result of stormy weather. However, seed oil and urea-ammonium nitrate volumes grew compared to January 2015.
   The NCSP Group also experienced a 3.9 year-over-year drop in general cargo volumes to 1.1 million metric tons for the month.
   On the flip side, bulk cargo volumes, which totaled 1 million metric tons, and container volumes, which reached 439,100 metric tons, rose 3.8 percent and 19.5 percent year-over-year, respectively. In terms of TEUs, container volumes rose 13.5 percent from January 2015 to 42,200 TEUs.