Cargill and MV Cargo signed a contract with the Administration of Seaports of Ukraine to build terminal in the Yuzhnyi port

Cargill and MV Cargo signed a contract with the Administration of Seaports of Ukraine to build terminal in the Yuzhnyi port

24.03.2016 News

Cargill and MV Cargo signed a contract with the Administration of Seaports of Ukraine to build terminal in the Yuzhnyi port Cargill and MV Cargo  entered into an agreement with the Administration of Seaports of Ukraine on the construction of a grain terminal in the Yuzhnyi  port with a capacity of 5 million tons per year. The signing ceremony took place at the Administration of Seaports of Ukraine (ASU) in  March, 23.

The document was signed by the head of the ASU –  Andrey Amelin and by the director of the MV Cargo –  Alexander Primak. Also, in the ceremony took part  the general director of the  Cargill AT, Martin Schuldt,  the general director of the  TIS,  Andriy Stavnitser,  the head of the Administration of the Yuzhnyi  sea port Maxim Shirokov, the director of the grain division “Cargill Europe” –  Andreas Rickmers, the head of the Cargill Ocean Transportation –  Roger Janson.

“The MV Cargo company undertakes the construction of the facilities and the mooring line.  The commitments of the ASU are to conduct dredging to the level of 16 meters in the Yuzhnyi port. Estimated volumes of partners investing about $ 100 million, the investments  of the ASU are $ 50 million. The final figures will be known after the adoption of projects “, – said Andrey Amelin.

Completion of the construction of the terminal is scheduled for September 2018, and dredging will be carried out not only for the 25th berth, but for the whole port Yuzhnyi.

Cargill AT, LLC is the investor of the project of a grain terminal in the Yuzhnyi port. The company is a 100% subsidiary of the Cargill Inc., the largest private food corporation in the USA. In 2015, the revenue of the Cargill Inc. was $ 120 billion. The company has 66 offices worldwide and a workforce of about 130 thousand people.

MV Cargo Ltd. is  a specially created company for the project of a grain terminal in the port Yuzhny. The mooring №25 at the Yuzhnyi port,  and the land on which the terminal will be built are owned by the company. The project involves the construction of modern export terminal in full concordance with the US company Cargill standards.

Source: latifundist.com

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