Key Events of 2018

Key events of 2018

January

Novorossiysk Commercial Sea Port ranked 20th among the top-200 Russian companies by revenue in a rating of information disclosure transparency. PJSC NCSP scored 5.3 points out of a possible 10. Only 32 companies among the 200 scored 5 points or higher.

February

On February 8, the first shipment of gasoline, in the amount of 58,000 tonnes, was loaded in Novorossiysk through Berth No. 2 at the Sheskharis Oil Terminal, onto the tanker Flagship Violet.

On February 15, PJSC NCSP management and the Novorossiysk municipal administration signed a letter of intent at the Sochi-2018 Russian Investment Forum to cooperate on investment.

March

On March 5, IPP won the award for “Best occupational health and safety management in the industry” in a competition among Novorossiysk transport companies.

April

On April 4, ship repair work resumed at NSRZ after being suspended almost 2.5 years earlier.

From April 17 to 19, NCSP Group took part in the 23rd TransRussia international exhibition for transport and logistics services and technologies.

May

NCSP Group port workers took part in the annual Immortal Regiment march.

June

On June 12, the Company set a single-day record for handling hot briquetted iron, loading 26,800 tonnes of briquettes onto the vessel Yasar Kemal in one 12-hour shift.

The first tanker was unloaded in June as part of a project to receive oil products at the River-Sea Dock No. 5 terminal, which makes it possible to accumulate shiploads at the IPP tank farm not only from cargo delivered by trains but also using cabotage fleet vessels.

SFP acted as the general sponsor for the Port Primorsk Cup sailing race for the 12th time.

On June 29, PJSC NCSP held its Annual General Meeting, at which shareholders elected the Company’s Board of Directors and Audit Commission.

PJSC NCSP’s Board of Directors elected the Company’s Management Board.

Novorossiysk Grain Terminal handled a record 6.3 million tonnes in the 2017/2018 season (July 2017 to June 2018).

July

On July 20, Novorossiysk Ship Repair Yard carried out dock operations to launch the Orion-A tanker and Burny tugboat (Project R-01003).

August

On August 21, Moody’s Investors Service announced that it had upgraded PJSC NCSP’s rating to “Ba2,” outlook “stable.”

On August 24, PJSC NCSP employees set a record in transshipment of steel blanks, handling 7,040 tonnes per process line in a 12-hour shift.

September

On September 7, Novorossiysk Ship Repair Yard celebrated its 100th anniversary.

On September 12, construction was completed on a warehouse to store referee samples of oil products at IPP.

On September 12, NCSP Group took part in a time capsule event in honor of the 180th birthday of Novorossiysk. A time capsule with letters to future generations in 2067 was placed at the bottom of the Black Sea.

On September 15, Russia’s first memorial to port workers was unveiled in Novorossiysk. It was given to the city by NCSP Group and Delo Group.

On September 26, the Board of Directors of the Association of Commercial Seaports of Russia (ASOP) held a meeting in Novorossiysk.

On September 27, PJSC Transneft consolidated a controlling interest in PJSC NCSP.

October

The first tanker fueled by liquefied natural gas, the Gagarin Prospect, entered the Port of Primorsk to be loaded with oil.

On October 31, PJSC NCSP’s Board of Directors approved increasing the Company’s equity interest in IPP to 100%.

November

From November 20 to 22, NCSP Group took part in the Russian Transport International Forum and Exhibition.

On November 23, PTP offloaded the billionth tonne of liquid hydrocarbons (oil and diesel fuel) since loading its first tanker in 2001.

On November 27, the first transshipment of sunflower oil took place at PJSC NCSP’s Dock No. 5; 6,000 tonnes were delivered to the port by train and loaded onto a tanker.

December

On December 7-8, the second Spartakiade and professional skills competition among NCSP Group employees were held in Novorossiysk.

On December 19, the tugboat Ryurik carried out the first docking work at LNG terminals in the Port of Kaliningrad.

On December 23, PTP loaded its 100 millionth tonne of diesel fuel.

On December 29, PTP reopened oil loading Berth No. 1, which was repaired after being damaged in 2016.

On December 26, NSRZ’s Floating Dock No. 190 carried out dock work to launch three vessels. Dock No. 190 repaired a total of 13 vessels in 2018.

Baltic Stevedoring Company set an all-time record for the more than 15 years it has been in operation, handling 198,900 TEU of containers in the year.