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Novorossiysk Commercial Sea Port Below Forecast

22 January 2013, 16:41 / SeaNews / Lilia Aksenova, Yulia Shishova Rating: 1502

Novorossiysk Commercial Sea Port Group has fallen short of its forecast for 2012 operations. The Group said its terminals handled 158.9 mn tons all together in 2012. This is 1.2% above the Groups’s result for 2011, but much below the forecast announced in March 2012, when the Group published its Master Plan 2020. Back then, it was expected that the throughput would reach 170 mn tons.

NCSP Group saw a decline in crude, which accounts for some 70% of the total volume, and in almost all types of solid bulk. Oil products, containers and grain were up. However, the grain traffic was well below the forecast made in summer.

Detailed statistics for Novorossiysk, cargo flows shift and reasons for that, as well as data for all the other sea ports in Russia will be available in our traditional report Russian Stevedoring Market 2012, to be published in Russian.

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