New Terminal Project in Yuzhny Includes Dredging

State Enterprise Ukrainian Sea Ports Authority (USPA) and MV Cargo LLC have signed an agreement on the implementation of two partnership projects in relation of the construction of a terminal in the Port of Yuzhny. 

Under the terms of the agreement MV Cargo LLC, acting as a developer, will undertake the construction of a specialized grain terminal as well as a berth №25 in the sea port of Yuzhny. In the first phase of the project the capacity of the terminal will amount up to 5 million tons and the second phase provides the increase by another 2-4 million tons.

In turn, USPA ensures navigable operational water area at the berth №25 as well as the approaching channel to the future grain terminal. Depths of the waters and the approaching channel will be dredged down to 16 meters.

The estimated investment in the construction of a grain terminal will amount to $104 million. USPA invests $50 million for dredging works.

Feasibility study of the project for advanced depths in the Port of Yuzhny is already submitted for endorsement in core ministries.

MV Cargo LLC grain terminal completion is scheduled for 1 September 2018. In turn, USPA agrees to finish the dredging works before 1 February 2018.

Share this article

Follow Dredging Today

Events>

<< Jun 2019 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

PORTS Conference

The PORTS Conference series is internationally recognized as an outstanding opportunity to network with…

read more >

IADC SEMINAR ON DREDGING AND RECLAMATION IN DELFT

This five-day course strives to provide an understanding through lectures by experts in the field and workshops…

read more >

10th Dredging & Land Reclamation Summit 2019

The 10th Dredging & Land Reclamation World between 15-18 July 2019 in London is aimed at resolving…

read more >

10TH Annual Conference Dredging in India

The conference will focus on strategies and solutions to meet the future dredging requirements…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply