Project in a brief

MV Cargo is realizing the project of state-of-the-art grain terminal in the port Yuzhny (Odessa region) with annual throughput capacity of up to 5 mln. tons.

The new terminal is MV Cargo’s joint project with Cargill, one of the US largest global corporations. The project total value amounts to US$ 150 million. This is one of the major investment projects carried out in Ukraine as of late. The construction project is co-financed by EBRD and IFC via the joint senior loan of US$74mln.

Successful implementation of such a high-level project will be an encouraging sign for all other major investors considering various options to do business in Ukraine.

The new terminal will be able to handle over 10% of Ukraine’s grain exports annually. The terminal operations will contribute at least UAH 600 mln. to Ukraine’s budget per year. About 500 jobs will be established at the terminal.

The flat storage of the terminal and all related infrastructure have already been put into operation and are successfully used for grain transshipment. Commissioning of the entire terminal complex, including berth and silos is planned for the summer of 2018.

Deep-Water Parameter

Berth of 16 meters will make the terminal one of the deepest ports in the Black Sea. The depth will enable to handle vessels of up to 100,000 tons deadweight.

Technological Effectiveness

State –of- the -art equipment. The Cargill standards will apply for operations and services to ensure the highest possible quality and safety level.

Openness

With Cargill being served as the main client, other companies’ cargoes will be also handled at the terminal.

Transparency

MV Cargo is audited by Deloitte, an international company. Financial stability is monitored by EBRD and IFC.

Location

The terminal’s isolated location in relation to major population centers helps resolve problems, such as noise and dusting deemed challenging issues for the ports located near big cities.

Benefits for Ukraine

Economic Growth

— Locally produced equipment to be used in the terminal construction;
— Grain production increase;
— 4-5 mln ton annual increase in grain export;
— 500 new jobs;
— The terminal is constructed in compliance with international social and environmental standards so as to meet the EBRD and IFC requirements.

Ukraine’s Revenues

— More than UAH 600 mln additional payments to the state and regional budgets annually ;
— US$ 8 mln annually in port dues.

Infrastructure Development

— Quality service improvement in the grain transshipment market;
— Handling capesize vessels reduces export value;
— Additional revenues from port dues – a source of financing state run infrastructure projects.

Country’s International Competitiveness

— Shipping costs reduction will enable the terminal to expand Ukraine’s footprint in the markets of India, Indonesia and Japan.

5 000 000

tons

grain per year

290 000

tons

total storage capacity

16

meters

depth at berth

150 000 000

$

project implementation value

500

more than

new jobs

600 000 000

UAH

annual payments to various budget levels

Construction Works Stages

Project development

Project documentation development, provisional budget guidelines, coordination with investors (2014-2015)

Permits

Procurement of permits, specifications, design limitations, expert review of documents (2015-2016)

Construction

Construction of the terminal and berth superstructure. Fund-raising via debt financing; loan provided by EBRD and IFC. (2016-2018)

Terminal Commissioning

The flat storage of the terminal and all related infrastructure have already been put into operation and are successfully used for grain transshipment. Commissioning of the entire terminal complex, including berth and silos is planned for the summer of 2018.

Project Participants

Construction works are carried out by a number of contractors under the guidance of the MV Cargo project management group.

The terminal is designed by Zernovaya Stolitza, a leader in engineering solutions for grain related projects

The berth is designed by Inros Lackner SE, a company with 75 years of experience in design of complex objects of port infrastructure.

Zernovaya Stolitza and GT Proekt as developers monitor construction works for compliance with relevant design documentation.
Cargill technical experts regularly visit M.V. Cargo’s project site for quality control purposes .
Tebodin, a company providing worldwide services in consulting and engineering, monitors construction works as authorized by IFC and EBRD.

Equipment

Only brand new equipment will be purchased in the course of construction works so as to meet Cargill’s requirements. We deal with suppliers from USA, Canada, Hungary, Italy and Germany alongside with the best local manufacturers.

Project Milestones

Construction milestones of the terminal construction are presented as panoramas from the project site with the relevant timeline at the bottom.

Click on the picture to have a full-sized view of the panorama.

Project Team

M.V. Cargo employs a cohesive management team of top-ranked engineers, technical experts, analysts, HSE technicians

Andrey Stavnitser
Investor
Philipp Grushko
Project Coordinator
Sergey Fedorik
Project Supervisor
Oleg Sologub
Technical Coordinator
Igor Matviiv
Project Manager
Stepan Tsapar
Technical Project Leader
Aleksey Shlapakov
Head of Supplies
Oleg Zastupailo
Berth Works Supervisor
Marina Chernigova
Head of Finance
Mariya Goldberg
Deputy Director for Audit
Yulia Nosal
Project Finance Manager
Denis Tantsiura
HSE Manager
Alina Kulik
Project Administrator

News

Documentation

Files available to download

Contacts

Address:

67543, Oleksiy Stavnitser str.,60, Odessa region, Vizirka

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