The Ukrainian Seaports Authority (USPA) has entered a new terminal belonging to Eurovneshtorg, a Ukrainian-Lithuanian company, into the Register of Seaports. The grain terminal, which is located in the Olvia seaport, is the first terminal to be officially registered by the USPA in 2019, the CFTS portal reports.

According to the USPA’s head Raivis Veckagans, the registration of the new terminal was a good start to the year.

The Eurovneshtorg LLC terminal in the Olvia seaport began receiving vessels in December 2018. According to the terminal, it plans to process 1 million tons of bulk grain cargo in 2019.

The company plans to build a cargo storage complex with rail and road access. The construction of four silos with a capacity of 6,500 tons each and one flat hanger with a capacity of 90,000 tons has now been completed, which makes it possible to simultaneously store 116,000 tons of grain cargoes. Investment in the first phase of the construction project amounted to UAH 1.8 billion. Completion of work is planned for March this year. The annual volume of grain transshipment after completion of all the phases of the project will total 4 million tons per year.

"We are also looking forward to completion of several public-private partnership projects in ports in 2019. I am talking about commissioning of the MV Cargo grain terminal at the Yuzhny port, for which the USPA performed dredging operations at the beginning of last year. The reconstruction and construction of the berths No. 8 and No. 4 at the Mykolaiv and Mariupol seaports as part of the implementation of investment projects aimed at developing their grain transshipment capacities are nearing completion,” Veckagans said.

As the CFTS portal reported earlier, the Nika-Tera terminal (Mykolaiv), which is part of the Group DF group of companies, broke its own cargo transshipment record in in 2018, when it handled 5.84 million tons of cargo.