Пресс-Центр

09.12.2015

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.

30.11.2015

NEW APPOINTMENT IN THE KEY EXECUTIVE MANAGEMENT

DeloPorts announces the appointment of Yury Matvienko to the position of the Chief Executive Officer of NUTEP container terminal.

Mr. Matvienko has extensive experience in the transportation industry. He started his career as the sea captain assistant and rose to the executive positions in the water transport and stevedoring companies (JSC Tuapse Commercial Sea Port, JSC Novorossiysk Commercial Sea Port, LLC BalttransService, LLC "Primorsk Commercial Port, JSC Sea Port Service).

Yuri Matvienko graduated from the Novorossiysk Higher Marine Engineering College with a degree in navigation on sea routes and has an MBA from the Business School IMISP (St. Petersburg).

"I am sure the experience and professionalism of Mr. Matvienko will contribute to the further development of our holding and strengthen the competitive positions of the container terminal", - commented Igor Yakovenko, Chief Executive Officer of DeloPorts.

"I would like to commend Mr Klochko’s achievements on the greenfield construction of the terminal and its effective management. Clear targets, discipline and professionalism of Mr. Klochko and the team helped to make NUTEP an industry leader,"- commented Sergey Shishkarev, President of Delo Group.

30.11.2015

DELOPORTS COMPLETES DEBUT RUBLE BOND PLACEMENT

DeloPorts completes its debut 3 billion Ruble bond placement. The bonds mature in 10 years with a call after year 3. The annual coupon rate was set at 13.80% and a yield of 14.28%.

Series 01 notes were registered by the Central Bank on 20 October 2015, registration number № 4-01-36485-R.

Raiffeisenbank and Sovcombank acted as bookrunners of the placement. Raiffeisenbank acted as the placement agent.

"The debut offering opened the capital markets for DeloPorts, which diversifies sources of funding ahead of the new stage of the investment program. The Ruble bond placement is also an important step in building a public investment story, - says Andrey Bubnov, Chief Financial Officer of Delo Group. DeloPorts is a new name for the market and we are happy that investors appreciated it."

“The new stage of DeloPorts investment program is planned to be completed in 2018. The program includes an increase in throughput capacities of KSK grain terminal to 5 million tonnes and construction of a new deepwater berth at NUTEP container terminal. The projects may double the Сompany’s throughput due to ability to handle larger ships, which will make NUTEP and KSK leaders in their respective market segments”, - adds Igor Yakovenko, CEO of DeloPorts.

09.10.2015

DELOPORTS OPERATING RESULTS FOR 9 MONTHS 2015

In the reporting period DeloPorts terminals handled 3.8 million tonnes of cargo, which is a 19% decrease compared to 9M14 due to lower imports and slow start of the new grain exports season.

Cargo throughput

(‘000 tonnes)

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%)

In 9M15 NUTEP handled 1,479,544 tonnes of containerized cargo (-21% vs.9M14). In TEU equivalent container throughput decreased by 23% compared to the previous year and reached 153,626 TEU. The decline in container volumes was primarily caused by the general trends in the Russian container market.

In January-September 2015 KSK grain terminal loaded 1,829,931 tonnes of grain, or a 12% decline compared to 2014.

General cargo volumes decreased by 16% compared to the previous year resulting from the imports reduction.

Ro-Ro operations of DeloPorts terminals saw lower throughput volumes in 9M15 (-41% vs.9M14) and reached 366,133 tonnes in the period. In unit equivalent Ro-Ro volumes decreased by 52% in 9M15 versus 9M14 and amounted to 20,410 units.

Bunkering fuel sales showed a 36% decline to 9M14 and reached 80,896 tonnes.

06.10.2015

CONSTRUCTION OF A NEW DEEPWATER BERTH

DeloPorts launches construction of a new deepwater berth at NUTEP container terminal

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.

13.07.2015

CHANGES IN CORPORATE STRUCTURE OF DELOPORTS

DeloPorts Limited transferred all interests in its subsidiaries into the capital of OOO DeloPorts (Russia).

The ownership and management structure of OOO DeloPorts will stay the same in all material respects to that of DeloPorts Limited. OOO DeloPorts owns a container terminal, a grain terminal and a bunkering services company.

09.07.2015

DELOPORTS 1H 2015 OPERATING RESULTS

In 1H15 DeloPorts terminals handled 2.4 million tonnes of cargo, which is a 17% decrease compared to 1H14 caused mainly by lower grain exports and container handling volumes.

Cargo throughput
(‘000 tonnes)

Сargo type	1Q15	2Q15	1H15	1H14	1H15/1H14 change
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%)

In January – June 2015 NUTEP container terminal saw lower container handling volumes of 119,413 TEU (-17% vs. 1H14) due to continued trends in the domestic demand for imported goods. Containerized cargo tonnage reached 1,110,308 tonnes, or a 20% decline compared to 1H14.

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.

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