exports, shipping
The port's overall cargo turnover was up for 2016.
Photo courtesy of Adobe stock.
 
NOVOROSSIYSK, RUSSIA — Novorossiysk Commercial Sea Port (NCSP) Group on Jan. 25 said its consolidated cargo turnover for 2016 increased by 5.2%, reaching 146.912 million tonnes compared with 136.689 million tonnes in 2015.

“Throughout 2016 NCSP Group has demonstrated sustainable growth of volumes, and in some key cargoes we beat the industry’s average growth rates,” said Sultan Batov, chief executive officer of PJSC NSCSP. “All-in-all, NCSP Group outperformed its original estimates of 2016 volumes by 12.2%.”

Bulk cargo volumes totaled 12.909 million tonnes.  Grain volumes, which are included in bulk cargo volumes, totaled 6.687 tonnes, down slightly from 6.716 million tonnes in 2015. NCSP said growth in grain volumes was prevented by external factors, including increased global supply and lower prices, strengthening of the Russian ruble from the second quarter of 2016 onwards, grain export duty, and interruption of sales to Egypt due to zero-ergot requirement, the latter two cancelled only in the end of September 2016.

General cargo volumes totaled 14.514 million tonnes, up 5.7% from a year earlier.

Container traffic reached 5.332 million and 484,000 TEU, an increase of 2.7% and 1.6%, respectively, compared to the same period last year.