Cargill is pushing ahead with a new joint venture grain terminal in Ukraine with local firm MV Cargo. The terminal will have a depth alongside of 16 m and will be capable of handling ships of up to 100,000 dwt.
Construction of the terminal will begin at the end of this month and is expected to be completed by the spring of 2018.
“Through this investment Ukraine’s port infrastructure will be expanded and will provide greater efficiencies to connect Ukraine’s surplus agricultural crops with the parts of the world demanding more food,” commented Andreas Rickmers, head of Cargill’s grains and oilseeds business in Europe.
It marks another development in the rapid development of deepsea ports in the Black Sea. A number of new deeper dredged box terminals around the inland sea have been announced in the past few months.