Business news from Ukraine

Business news from Ukraine

CROPS HANDLING CAPACITY OF UKRAINE’S PORTS TO GROW BY 10 MLN TONNES/YEAR IN 2-3 YEARS – UGA

20 April , 2015  

KYIV. April 20 (Interfax-Ukraine) – The grain handling capacity of Ukrainian ports will increase by 10 million tonnes per year by 2018, President of the Ukrainian Grain Association (UGA) Volodymyr Klymenko has said.

“At present the handling capacity is about 45 million tonnes. In the next two or three years another 10 million tonnes will be added,” he told reporters during the First National Forum of Export Support in Kyiv.

Klymenko said that a number of companies are currently expanding or building new port terminals. In particular, Noble trading company plans to launch a terminal in Mykolaiv port in November. Also, Cargill is carrying out construction work at Illichivsk port.

In addition, according to Klymenko, a very important item for the development of grain logistics is the Infrastructure Ministry’s decision to perform dredging work in the Dnipro River. The work is expected to begin in mid-July. This will be preceded by a tender for its execution and the formalizing of permits.

“If we start doing this work, we have prepared the second projects on the Pivdenny Buh River. And then the desire to clean the Desna River will appear,” Klymenko added.