The Yevrovneshtorg terminal, a new terminal at the Olvia seaport, has processed its first vessel, onto which 21,000 tons of corn from Ukrainian producers was loaded. The corn is intended for Lebanon, the CFTS portal reports.

The loading of the grain onto the Berna bulk carrier was completed on December 16. The vessel has a length of 158 meters and a deadweight of 21,264 tons. It flies the flag of the Cook Islands.

Yevrovneshtorg LLC plans to reach transshipment volumes of 1 million tons of agricultural goods by the end of 2019. It aims to reach 4 million tons of cargoes per year after completion of its construction. The throughput capacity will be 300 trucks and 200 railcars day.

As the CFTS portal reported earlier, the first phase of construction of the terminal (four silos with a capacity of 6,500 tons each) was completed this summer. Yevrovneshtorg LLC began construction of the grain terminal in the Olvia seaport in 2017. The project is being implemented jointly with BT Invest Ltd.

According to the Interfax Ukraine news agency, BT Invest was established in 2008 by the Sandora company’s former shareholders Raimonds Tumenas and Igor Bezzub.

Another grain terminal with a capacity of 2 million tons per year is expected to be built in the Olvia seaport in the next three years as part of a pilot concession project.

"Attracting private investment and implementing a pilot concession project in the Olvia seaport will make it possible to increase its capacity for transshipment of agricultural products by 6 million tons in the next few years," said Raivis Veckagans, head of the Ukrainian Seaports Authority (USPA).

According to the USPA, seven Ukrainian and international companies have already confirmed their intentions to participate in a concession tender, which should be held early next year. In total, more than 20 companies have shown interest in implementation of the project.