Business news from Ukraine

GRAIN TERMINAL OF MV CARGO LAUNCHES SECOND RAILWAY LINE IN PIVDENNY PORT

The grain terminal of MV Cargo, a joint project of MV Cargo with Cargill (the United States) in Pivdenny port, has launched the second railway line.
“In May, the grain terminal of MV Cargo launched the second railway line. Now we will be able to accept grain twice as fast – 24 wagons simultaneously on two tracks. At the same time, we will be able to unload four cars at the speed of one car in three minutes,” according to a report on Facebook.
MV Cargo expects that such rates will allow increasing the average daily unloading to 300 wagons, which is equivalent to 18,000 tonnes per day or up to 540,000 tonnes of grain per month.
As reported, MV Cargo postponed the official opening of the terminal until September 6, 2019.

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MV CARGO PLANS TO START ASSEMBLING SHIP LOADER AT YUZHNY SEAPORT IN ODESSA REGION

MV Cargo plans to start assembling a ship loader for the grain terminal of global trader Cargil at the Yuzhny seaport in October 2018. “The berth is almost a half ready, and the silos are at the finish line. In autumn they will be able to accept first grain. In October we will start assembling the ship loader,” the company said on its Facebook page. The company said that as of the second half of September, the project to build a grain terminal was implemented by 85%, and the terminal will be capable of storing 290,000 tonnes of grain.
The length of the berth is 428 meters, depth near the berth is 15 meters and depth of the approaching canal is 16 meters.
“Our terminal is one of the deepest grain terminals in Ukraine and the Black Sea region, and, if necessary, the depth of the berth can be increased to 16 meters and the approach canal – to 19 meters. The length of the berth wall and depth will allow us to accept large-tonnage vessels, and modern equipment – to load a ship like Post-Panamax in two or three days,” MV Cargo said.
It is planned that after the launch of the terminal, the terminal will ensure transshipment of 10% of grain produced in Ukraine.

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GRAIN TERMINAL OF CARGILL AND MV CARGO COULD HANDLE FIRST MLN TONNE OF GRAIN BY LATE 2018

The grain terminal of Cargill and MV Cargo in Yuzhny port (Odesa region), whose capacity will total 5 million tonnes of grain per year, and the cost is estimated at $150 million, could by the end of 2018 transfer the first one million tonnes of grain, the co-owner and CEO of TIS Port, Andriy Stavnitser, has said. “We plan to launch the MV Cargo terminal in summer and I hope we will handle one million tonnes by the end of the year. I will be superstitious, I will not voice the date. But we are doing everything to launch it in summer. Whether it will be June or August I cannot say: construction in Ukrainian realities is a thing not always predictable,” he said in an interview with Interfax-Ukraine.
According to Stavnitser, from the point of view of construction itself, everything is proceeding well: the dredging has been completed, the filling of the pier with sand is being carried out, and then hydraulic engineering construction will begin.
As reported, Cargill (the United States), the Ukrainian Sea Ports Authority and MV Cargo LLC in August 2015 signed a tripartite memorandum of intent to implement an investment project in Yuzhny port. Its launch was scheduled for 2017.

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