Black Sea Region. Grain logistics news

21.11.2018

Ukraine. COFCO ready to invest USD 30 million in Mykolaiv port

Chinese corporation COFCO is ready to invest up to USD 30 million in infrastructure of Mykolaiv port and development of river logistics in Ukraine. The corporation from the PRC intends to develop berthing facilities in Mykolaiv, reports UkrAgroConsult.

Russia. Makhachkala Port increases grain shipments to Iran

In January-October 2018, grain shipments from Makhachkala Sea Trade Port to Iran exceeded 300 KMT. That was 180% more than over the same period last year. Grain enters the trading port by road and rail, mainly from Krasnodar and Stavropol territories, as well as from Rostov region. Before loading onto vessels, grain gets into special temporary storage containers for a quality checking.

Makhachkala port has 12 bins of this type 1.5 KMT each. As previously reported, Dagestanian company “Makhachkala Grain Terminal” LLC intends to invest RUB 2 billion in construction of a grain terminal in Makhachkala port.

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Grain" by UkrAgroConsult.

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