Business news from Ukraine

Business news from Ukraine

NIKA-TERA MARITIME TERMINAL INCREASES OILSEEDS STORAGE CAPACITY TO 30,000 TONNES

Nika-Tera maritime terminal (Mykolaiv), part of Group DF of Dmytro Firtash, is increasing its oilseeds storage capacity to 30,000 tonnes, according to a press release of the port. According to the company, the port is continuing work on commissioning the second phase of a transshipment complex for oilseeds.
According to the report, the volume of cargo transshipment at Nika-Tera port since the beginning of the year amounted to 3.7 million tonnes, which is 10% more than in the same period of 2017, while for the nine months of the current year 221 vessels were handled.
“A significant increase in the volume of transshipment was provided by cargo that was not previously processed in the port: oil, granulated meal and bran, as well as new items of bulk freight,” the press service said citing commercial director of the port Valeriy Salnykov.
Nika-Tera is a highly mechanized marine terminal, part of Group DF’s port business.
The terminal includes four specialized complexes: grain, for transshipment of fertilizers, bulk freight, and liquid cargo.

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GRAIN COMPANY NIBULON COMMISSIONS ELEVATOR COMPLEX FOR GRAINS AND OILSEEDS TRANSSHIPMENT

Nibulon on May 23, 2018 commissioned a new elevator complex for transshipment of grains and oilseeds with a capacity of about 43,000 tonnes within the loading terminal in Mykolaiv. According to a report on the website of Nibulon, the complex includes six tanks with a capacity of 7,200 tonnes each.
In addition, the pier with a length of 222 meters has been reconstructed.
“The new complex with equipment from the manufacturers Bühler GmbH (Germany), Precia SA (France), Cimbria Unigrain A/S (Denmark), UAB Liucija (Lithuania), etc. increased the total capacity of the grain storage facilities located in the territory of the company’s transshipment terminal in Mykolaiv to 173,000 tonnes and allows separately and simultaneously storing seven different crops,” the report states.
Nibulon was established in 1991. It is one of the largest operators in the grain market of the country. It has elevators with a total capacity of about 2 million tonnes, as well as its own transshipment terminal with a capacity of 5 million tonnes in Mykolaiv. Nibulon cultivates 83,000 hectares of farmland. It exports agricultural products to more than 60 countries. The annual volume of exports exceeds 4.5 million tonnes.

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UKRAINE SEES EXPORTS OF OILSEEDS RISE BY 24% SINCE 2017/2018 MARKETING YEAR START

Ukraine since the beginning of the 2017/2018 marketing year (MY, July-June) has exported nearly 35 million tonnes of grains, which is 7.9% lower than in the same period of the 2016/2017 MY (38 million tonnes).
According to the department of biosecurity safety and seed raising control of the State Service of Ukraine for Food Safety and Consumers’ Rights Protection, the country exported, in particular, 15.4 million tonnes of wheat, almost 4 million tonnes of barley, and 15 million tonnes of corn.
The agency noted that the country in the same period of the previous MY exported 16 million tonnes of wheat, 5.1 million tonnes of barley, and 17 million tonnes of corn.
The service said that since the start of the 2017/2018 MY (September-August) the country has exported more than 4.6 million tonnes of oilseeds, in particular more than 2.1 million tonnes of rapeseeds, 2.5 million tones of soybeans. On the same date of the past MY, oilseeds exports amounted to almost 3.7 million tonnes, in particular rapeseeds exports exceeded one million tonnes, soybeans stood at 2.7 million tonnes.

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