FITCH ASSIGNS DELOPORTS RUBLE BOND BB- RATING
Fitch Ratings has assigned DeloPorts Rouble bond BB- final rating with a ‘stable’ outlook.
On 27 November 2015 DeloPorts placed its debut 3 billion Ruble bond with the annual coupon rate set at 13.80% and a yield of 14.28%.
On 11 November 2015 Fitch affirmed DeloPorts Issuer Default Rating (IDR) at BB- with a ‘stable’ outlook.
DELOPORTS COMPLETES DEBUT RUBLE BOND PLACEMENT
NEW APPOINTMENT IN THE KEY EXECUTIVE MANAGEMENT
DELOPORTS OPERATING RESULTS FOR 9 MONTHS 2015
Cargo type
|
1Q15 |
2Q15 |
3Q15 |
|
9М15 |
9M14 |
9М15/9М14 change | |
Containers |
590 |
520 |
369 |
|
1,479 |
1,870 |
(21%) | |
Grain |
479 |
373 |
978 |
|
1,830 |
2,074 |
(12%) | |
General cargo |
41 |
80 |
46 |
|
167 |
198 |
(16%) | |
Ro-Ro |
172 |
154 |
40 |
|
366 |
618 |
(41%) | |
Total cargo throughput |
1,282 |
1,127 |
1,434 |
|
3,843 |
4,762 |
(19%) | |
including: |
|
|
|
|
|
| ||
Containers (‘000 TEU) |
67 |
52 |
34 |
|
154 |
200 |
(23%) | |
Ro-Ro (‘000 units) |
10 |
7 |
3 |
|
20 |
42 |
(52%) | |
|
|
|
|
|
|
|
| |
Bunkering fuel sales |
22 |
31 |
28 |
|
81 |
127 |
(36%) |
CONSTRUCTION OF A NEW DEEPWATER BERTH
Necessary construction equipment is already on site, first piles for the foundation of the junction have been driven into the seabed. Completion of the works and introduction of berth #38 is scheduled for 2018. The new berth is expected to serve direct Novorossiysk calls for ocean vessels of up to 10,000 TEU. Introduction of the new berth will increase NUTEP’s throughput capacity from the current 350,000 TEU to 700,000 TEU and will help change existing supply chains in the region with reduction of costs for clients of the terminal.
The project is an integral part of the DeloPorts strategy for development of the stevedoring assets of the Group.
CHANGES IN CORPORATE STRUCTURE OF DELOPORTS
DELOPORTS 1H 2015 OPERATING RESULTS
(‘000 tonnes)
Сargo type |
1Q15
|
2Q15
|
|
1H15
|
1H14
|
1H15/1H14
|
Containers |
590 |
520 |
|
1,110 |
1,395 |
(20%) |
Grain |
479 |
373 |
|
852 |
1,063 |
(20%) |
General and liquid cargo |
41 |
80 |
|
121 |
159 |
(24%) |
Ro-Ro |
172 |
154 |
|
326 |
282 |
16% |
Total cargo throughput |
1,282 |
1,127 |
|
2,409 |
2,899 |
(17%) |
including: |
|
|
|
|
|
|
Containers (‘000 TEU) |
67 |
52 |
|
119 |
144 |
(17%) |
Ro-Ro (‘000 units) |
10 |
7 |
|
17 |
23 |
(26%) |
|
|
|
|
|
|
|
Bunkering fuel sales |
22 |
31 |
|
53 |
72 |
(26%) |
KSK grain terminal loaded 851,637 tonnes in 1H15 showing a 20% decrease compared to 2014. The decline in volumes was primarily due to record volumes transshipped in the 1st half of the previous harvest season.
General and liquid cargo throughput decreased by 24% compared to the previous year resulting from a decrease in imports.
Ro-Ro volumes demonstrated a 16% growth in terms of tonnage compared to 2014 due to growth in cabotage services. In unit equivalent Ro-Ro operations decreased by 26% in 1H15 versus 1H14 and reached 17,310 units.
In 1H15 bunkering fuel sales decreased by 26% compared to 1H15 and reached 52,822 tonnes.