PJSC NCSP: NLE AO and Liebherr-Russland OOO sign contract on port equipment delivery

PJSC 'Novorossiysk Commercial Sea Port' (NCSP) 
NLE AO and Liebherr-Russland OOO sign contract on port equipment delivery 
 
25-Dec-2019 / 18:30 MSK 
Dissemination of a Regulatory Announcement that contains inside information 
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. 
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announcement. 
 
 NLE AO and Liebherr-Russland OOO sign contract on port equipment delivery 
 
                                                           December 25, 2019 
 
  NCSP Group (LSE: NCSP, MOEX: NMTP) informs that Liebherr-Russland OOO will 
deliver port equipment to Novorosleseksport AO (NLE AO, part of NCSP Group). 
 
Dmitry Korchnev, General Director at NLE AO, and German Ignatov, Director of 
the Port Equipment Department at Liebherr-Russland OOO, signed a contract on 
   purchase of two ship-to-shore cranes (STS) with a capacity of 65 tons for 
      loading and offloading of 20, 30, 40 and 45 feet ISO containers from a 
    vessel to shore and back. The SPS cranes delivery is scheduled for 2021. 
 
These cranes will ensure the processing of Bosphormax container ships (300 m 
          length, 48.0 m width) at NLE AO berths No. 29 and 30 and increased 
   processing speed, as well as allow for simultaneous transportation of two 
       ISO containers of 20 feet each due to the operational function of the 
                                                         long-twin spreader. 
 
     As a reminder, in July 2019 Liebherr-Russland OOO delivered the world's 
      first full-circle electrical port crane Liebherr LPS 420 E, engineered 
                           without the use of hydraulic units, to PJSC NCSP. 
 
    NCSP Group is the largest port operator in Russia by cargo turnover. Its 
    controlling shareholder (62%) is PJSC Transneft. NCSP Group is traded on 
       Moscow Exchange (NMTP) and London Stock Exchange as global depositary 
  receipts (NCSP). NCSP Group's cargo turnover for Q1 2019 amounted to 71.75 
  million tons. The Group's consolidated revenue as per IFRS totaled USD 951 
million in 2018. NCSP Group is comprised of PJSC Novorossiysk Commercial Sea 
  Port, Primorsk Trade Port LLC, JSC Novorossiysk Ship Repair Yard, JSC NCSP 
Fleet, JSC NLE, IPP LLC, NCS LLC, Baltic Stevedore Company LLC, and JSC SFP. 
 
For more information, please contact: 
 
                                                For press: [e-mail] 
 
ISIN:          US67011U2087 
Category Code: MSCH 
TIDM:          NCSP 
LEI Code:      LEIA0010014976 
Sequence No.:  37516 
EQS News ID:   943687 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

December 25, 2019 10:30 ET (15:30 GMT)