Ukraine. Construction of a new grain terminal started in Odesa port

01.02.2017

The construction of a new grain terminal of LLC Novotech-Terminal has begun in the Odesa commercial sea port. Its design capacity is roughly 3 MMT a year. Remarkably, this construction became possible due to financial support from Pivdenny Bank together with LLC Novotech-Terminal’s leasing partner Tekom-Lease, reports UkrAgroConsult.

The new grain terminal will be located on the port’s berths No. 25 and No. 26 able to accommodate vessels with lengths of up to 250 m and draughts of up to 11 m. The terminal will comprise a port elevator with a storage capacity of up to 110 KMT. The construction is planned in four stages with its deadline in 2019.

Besides, the construction project has already passed all required examinations and approvals. The land site for the projected construction has been leased out by the Odesa state regional administration for a long term.

More information on grain handling capacities in ports is available in UkrAgroConsult report "Grain-handling Capacities in Ukrainian ports: Attractive for Investing".

 

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