The Brooklyn-Kiev company, one of the leading stevedoring companies at the Odessa merchant seaport, is discussing various options for cooperation with Louis Dreyfus Commodities, one of the world's leading commodity traders, at a new grain terminal. As reported by the Interfax-Ukraine news agency, the company’s General Director Yurii Hubankov announced this on the sidelines of the Ukrainian forum on transport infrastructure, which was organized by Adam Smith Conferences. The strategic media partner for this event is the Center for Transport Strategies.
"When the terminal is built, we can talk about further cooperation from 2014. Louis Dreyfus will act as a possible partner or a possible shareholder of Brooklyn-Kiev... Yes, such talks are taking place, and certain agreements exist. It will begin in the middle or the end of 2014,” said Hubankov.
He said that in the first transshipment at the completed grain terminal is scheduled to start in September next year.
As reported, the first phase of the Brooklyn-Kiev grain transshipment complex with a capacity of 0.5 million tons began operation at the Androsovsky Mole at the Odessa merchant seaport in April 2013. The total capacity of the terminal will be 4 million tons of grain per year. The total cost of the terminal is USD 125 million. It will be capable of storing 235,000 tons of grain at a single time. USD 40 million out of the USD 125 million was invested by the Odessa merchant seaport (in the construction of a berth). The terminal at the Androsovsky Mole will be the fourth grain transshipment complex at the Odessa port.
The Brooklyn-Kiev stevedoring company has been operating berths at the Odessa seaport’s Grain Harbor since September 1994. The company specializes in transshipment of bulk grain, steel, and ore cargoes.