About the project
MV Cargo Company is building a state-of-the-art grain terminal in the port of Yuzhny (Odessa region) with annual throughput capacity up to 5 mln. tons.
The new terminal is MV Cargo’s joint project in partnership with Cargill, one of the US largest global corporations. The project total value is worth 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 with the senior loan provided by them in the amount of US$74mln.
Successful implementation of such a high-level project will sure be an encouraging sign for other major investors considering various options to do business in Ukraine.
The new terminal will accommodate more than 10% of Ukraine’s grain exports annually . The terminal operations will contribute at least UAH 600 mln. to Ukraine’s coffers per year. About 500 jobs will be established at the terminal.
The terminal is scheduled for commissioning in summer 2018.
With the new terminal depth at berth accounting for 16 meters it will become one of the deepest ports in the Black Sea. The depth will enable to handle vessels of up to 100,000 ton deadweight.
State –of- the -art equipment. The Cargill standards will apply for operations and services to ensure the highest possible quality and safety level.
With Cargill being served as the main client, other companies’ cargoes will be also handled at the terminal.
MV Cargo is audited by Deloitte, an international company. Financial stability is monitored by EBRD and IFC.
The terminal’s isolated location in relation to major population centers helps resolve problems, such as noise and dusting deemed challenging issues for the ports located near big cities.
— Locally produced commodities to be used in the terminal construction;
— Grain production increase;
— 4-5 mln ton annual increase in grain export;
— 500 new jobs;
— The terminal is constructed in compliance with international social and environmental standards so as to meet the EBRD and IFC requirements.
— More than UAH 600 mln additional payments to the state and regional budgets annually ;
— US$ 8 mln annually in port dues.
— Quality service improvement in the grain transshipment market;
— Handling capsize vessels reduces export value;
— Additional revenues from port dues – a source of financing state run infrastructure projects.
— Shipping costs reduction will enable the terminal to expand Ukraine’s footprint in the markets of India, Indonesia and Japan.
5 000 000
grain per year
total storage capacity
depth at berth
150 000 000
project implementation value
600 000 000
annual payments to different budget levels
Construction Works Performance Stages
Project documentation development, provisional budget guidelines, coordination with investors (2014-2015)
Procurement of permits
Procurement of permits, specifications, design limitations, expert review of documents (2015-2016)
Construction of the terminal and berth superstructure. Fund-raising via debt financing; loan provided by EBRD and IFC. (2016-2018)
The terminal commissioning is scheduled for the 2th quarter, 2018
Participants in the project implementation
Construction works are carried out by a number of contractors under the guidance of the MV Cargo project management group.
The terminal superstructure 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 a 75 year experience in project documentation for compound port infrastructure objects . GT Proekt (GT Project) has been in charge of adjustments to meet Ukrainian standards.
Zernovaya Stolitza and GT Proekt as developers monitor construction works for compliance with relevant project documents.
The 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, will monitor construction works as authorized by IFC and EBRD.
Nothing but new equipment items 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.
Main Stages Of Construction
Main stages of the terminal construction works 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.
M.V. Cargo employs a cohesive management team of top-ranked engineers, technical experts, analysts, HSE technicians
10 years in the position of General Director, TIS Group of Terminals, one of Ukraine’s major ports; having started his career as senior dispatcher he was moving up through ranks, such as business development manager for the TIS – Zerno terminal, Ukraine’s major grain terminal. After six years of climbing career ladder Andrey took personal control of the group of companies ; he is also one of the TIS co-owners sharing the business with his brother and a few partners.
Despite unfavourable conditions, such as war, crisis and lack of financing, Andrey and his team managed to enter into an agreement with Cargill on building M.V. Cargo, a grain terminal.
Andrey has received a good education abroad, starting from Harrow House International College, UK, proceeding at Institute Montana, Zug, Switzerland majoring in international business to finally get Executive MBA at HCMS French Institute, Moscow. He also graduated from the National University named after Mechnikov in Odessa, majoring in : Organization and Administration Management.
Director for Business Development , with the TIS Group of terminals for more than 3 years; the M.V.Cargo/Cargill agreement on the grain terminal construction was executed under his guidance in 2015; 8 YEARS previous experience in international consulting companies, such as PwC and KPMG.
More than 12 years of experience in both: direct project management and project management practices implementation in major Ukrainian holdings; supervising construction projects in Ukraine and abroad; certified project director (IPMA, Level B), Certified auditor ISO 9001:2008 and BREEAM international assessor (environmental standard).
Acting within the M.V.Cargo framework Sergey deals with implementing project management practices, organizing project management, including formation of project management groups; he addresses issues, such as: construction control, labour protection and safety, environmental monitoring while drawing out and preparing progress reports on the project for Cargill and relevant banks.
Chief Engineer, with the TIS Group of terminals for more than 20 years; a number of infrastructure projects implemented under his guidance , including construction of TIS-Zerno (grain), TIS Ruda (ore) TIS-Ugol (coal), TIS Container Terminal as well as addition of Khimicheskaya , a railway station.
Within the framework of M.V.Cargo he acts as communicator on technical issues with Cargill and suppliers, coordinating and approving technical solutions.
More than six years of experience as project manager and, in particular, construction of farms for Avangard, an agricultural company, construction works for Parallel, a chain of filling stations in the east of Ukraine.
Within the M.V. Cargo project he is in charge of construction schedule (developing &monitoring), accounting, documents circulation control, including administrative communications with internal services and contractors.
Technical Project Leader
More than 20 years of experience in senior positions for various construction projects, such as residential, military, agro-industrial and other sites; within the framework of M.V. Cargo project he is vested with the task of monitoring the construction works performance, deadlines control, monitoring the costs and cooperation with Cargill, internal services, contractors and subcontractors on technical issues.
Head of Supplies
More than 14 years of experience in purchases and procurement management, including international tenders in transportation logistics; provides effective and efficient services in procurement, purchases and logistics.
Within the M.V.Cargo project organizes materials and equipment purchases for the terminal, negotiating the relevant issues with suppliers, coordinating equipment specifications with Cargill.
Berth Works Superintendent
Prior to his employment within the framework of M.V.Cargo Oleg was employed as Office Director, Josef Mobius Bau GmbH in Ukraine. The company is a worldwide leader in constructing complex hydraulic engineering sites. Under his guidance 5 berths of the TIS Group of Terminals were constructed amounting to 1 km in length; he is organizing construction works at berth 25, including the excavation pit dredging to 15 meters.
Head of Finance
Employed by the TIS Group Finance Department for more than 13 years.
She is at the head of the Company’s finance accounting, budgeting, cooperating with banking institutions.
Deputy Head of Finance; Audit Manager
More than 8 years of experience in financial reporting and audit; qualified member of ASSA, (Association of Chartered Certified Accountants), Great Britain, incorporating experts in finance, accounting and audit; is in charge of preparing financial statements by all company- members of the TIS Group of Terminals pursuant to internationally accepted standards. Prior to employment by TIS was engaged in auditing the Deloitte projects.
Within the framework of M.V.Cargo project she is in charge of internationally accepted financial statements, assets valuations, internal audit and cooperation with EBRD and IFC on financial issues.
Project Finance Manager
More than 8 years of experience in investment business; was directly engaged in placing the company bonds on the London Stock Exchange main market, worked with international institutional investors aiming to to attract funds, cooperated with EBRD and IFC ; US$ 600 mln in attracted funds from the bonds placement and 150 mln – provided by international banks – are to Julia’s credit.
Within the project framework she is in charge of M.V.Cargo’s cooperation with EBRD and IFC.
Prior to joining the M.V. Cargo team Denis acted as environment manager employed by public and private companies for more than 8 years; he also worked for Tebodin.
Denis is commissioned with the task of developing and introducing the best international standards in environmental safety and occupational health.
Five years of experience in administering Ukraine’s projects in various segments of the real estate market including retail and infrastructure projects.
Acting as administrator within the M.V.Cargo framework she ensures the project managers’ external communications, keeping the records of relevant meetings, looking after performance of the construction works, keeping the project electronic filing; she is also in charge of the electronic document flow and preparing tender packages.
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