Cargill joint venture to build grain terminal in Ukraine
U.S. agriculture giant Cargill and Ukraine’s M.V. Cargo said they would build and operate a grain terminal at Ukraine’s Black Sea port of Yuzhny under a $100 million joint venture agreement signed on Wednesday. The terminal, near Ukraine’s biggest port city of Odessa, will have an annual loading capacity of 5 million tonnes of grain....
SMG to build oil garbage disposal vessel for Yuzhny port in Odesa region for UAH 100 mln
Kherson Shipyard, part of the Smart Maritime Group (SMG), will build an oil garbage disposal vessel under the order of the Yuzhny branch of the Sea Port Authority of Ukraine (authority of the Yuzhny seaport, Odesa region). The press service of SMG reported that the contract to build the ship, worth UAH 99.6 million, was signed in Kherson on November 24. The oil garbage disposal vessel can also be used as a ship handling tug and can be used to fight fires on vessels and at ports. The Ice 2 class will allow the vessel to operate in the winter, the press service said. Source: Interfax
Cargill to invest USD 130 million in building grain terminal in Yuzhni port
Ukraine’s Ministry of Infrastructure has signed a memorandum of intention with US agricultural company Cargill to invest USD 130 million in building a grain terminal in one of Ukraine’s largest ports in Yuzhny, Odesa region. The Memorandum was signed by Cargill CEO Martin Schuldt, chairman of the Administration of Ukraine’s Seaports Andriy Amelin and director of docking company MV Cargo Oleksandr Primak. According to the agreement, Cargill is obliged to acquire 51% of the terminal to be built by MV Cargo. Before construction starts, Ukraine’s seaports administration have also pledged to dredge the bottom of the port, as part of the deal. Once built, the terminal will allow Cargill to ship up to 5 million tonnes of grains and other goods per year, increasing this volume by 2-4 million tonnes going forward. Source: UNIAN news agency (Ukrainian)Upload News