In an interview with the CFTS, the Brooklyn-Kiev company’s Managing Director Yurii Hubankov discusses the progress of the construction of a grain terminal at the Odessa port, funding from the EBRD, and the outcome of the company’s cooperation with one of the world's largest grain traders, Louis Dreyfus.
The agricultural hub is to be constructed on two land plots with a combined area of more than 200 hectares on both sides of the Adjalyk estuary.
Ministry of Infrastructure essentially proposes raising grain freight rates by 24.3% in the relevant draft order.
Ukrainian grain producers have reacted negatively to the announcement by the State Railway Administration (Ukrzaliznytsia) that freight tariffs will increase by 12.5%
Unrefined oil of Ukrainian origin was loaded onto the vessel at the third berth of the state-owned Administration Seaports of Ukraine (ASU).
The July contract in electronic trading in Chicago rose by 3.4% to USD 272.06 per ton
It completely abolishes certificates of quality for grain and its by-products (including export), as well as certificates of compliance for the services of grain warehouses.
The capacity of this phase of the plant is 2,000 tons of sunflower seeds, 1,500 tons of rapeseed, and 1,200 tons of soybeans per day.
It will most likely be at Ilyichevsk.
This number of cars is sufficient to transport 40 million tons of grain cargoes
The capacity of the grain terminal will reach 5 million tons per year
So far, grain trading of our agricultural cooperation project has started smoothly and steadily
In violation of the agreement, grain worth only USD 153 million was sold to China
Under the project, Chinese companies plan to invest in development and modernization of irrigation systems, including drip irrigation, introduce modern agricultural technologies in Ukraine, and develop agricultural storage and logistics complexes.
Two powerful players competing for export grain cargo have been created in Ukraine: the SFGCU-China and UkrLandFarming-Cargill partnerships. In both cases, the key role is played by construction of their own port facilities and establishment of efficient logistics.
Cargill acquired a 5% stake in Ukrlandfarming at the end of 2013
Director estimated the cost of construction of the facility at UAH 110 million.
The Berezovsky Elevator limited liability company provides services involving storage and warehouse processing of agricultural crops.
Until now, 100% of the shares in KSK were owned by the Delo group
For exports to China