Post COVID 19, the maritime industry witnessed its first in-person event which concluded successfully in Dubai. Organised by Biz Events Management, ShipTek 2021 – An International Conference on Marine, Offshore and Oil & Gas Industry and International Maritime Awards, celebrated its astounding 14th edition at Dusit Thani Hotel, Dubai scheduled on 7th – 8th June, .
NSCP Group Reports Reduced First Quarter Turnover
NCSP Group publishes Consolidated Financial Results for 3 months of 2021, prepared in accordance with International Financial Reporting Standards (IFRS).
Consolidated cargo turnover of NCSP Group for Q1 2021 amounted to 27.5 million tons, which is 6.6 million tons less than in Q1 2020. The main impact on cargo turnover, as well as revenue and EBITDA, was a decrease in the transshipment of liquid cargo, including crude oil, by 5.5 million tons due to macroeconomic restrictions developed since April-May 2020 due to the pandemic and the OPEC+ agreement.
The net profit for Q1 2020 was greatly influenced by the revaluation of debt foreign currency obligations. Its impact on net profit in Q1 2021 was less significant.
Consolidated Financial and Operating Results of NCSP Group for 3 months of 2021
DJ Consolidated Financial and Operating Results of NCSP Group for 3 months of 2021
PJSC Novorossiysk Commercial Sea Port (NCSP)
Consolidated Financial and Operating Results of NCSP Group for 3 months of 2021
02-Jun-2021 / 15:55 MSK
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014
(MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
=
Press Release
June 2, 2021
Consolidated Financial and Operating Results of NCSP Group for 3 months of 2021
NCSP Group (LSE: NCSP; MOEX: NMTP) publishes Consolidated Financial Results for 3 months of 2021, prepared in
Primorsky Commercial Port transshipped 1 billion ton of oil for export
Primorsk Trade Port LLC (part of NCSP Group) has transshipped one billionth ton of oil since the first tanker was loaded in 2001. Jubilee one billionth ton of oil was shipped on May 27, 2021 to the Tigani tanker.
The port of Primorsk is a modern high-tech enterprise that meets all safety requirements. It is located on the shore of the Bjerkesund Strait on the Gulf of Finland in the Leningrad Region and is the terminus of Baltic Pipeline System-1 oil trunk pipeline and oil product pipelines of the North project.
The port accepts Aframax tankers of up to 120,000 tons deadweight and Suezmax tankers of up to 150,000 tons deadweight for oil loading. Oil products are loaded onto tankers with a deadweight of 22,000 to 150,000 tons (tanker types Medium Range, Long Range I, and Long Range II). The terminal is the largest oil and petroleum product transshipment port in the North-West Russia, with year-round navigation, c