Dmitry Medvedev wished success in implementation of Vostochny Port’s Phase 3 project (photo)
RF Prime Minister Dmitry Medvedev visited the exposition of Port Management Company LLC and Vostochny Port JSC at the “Transport of Russia” exhibition. According to Dmitry Medvedev, is it a very good time for the project implementation - Phase 3 of Vostochny Port, Russia’s largest dedicated coal terminal is to be launched in September 2017, says press center of Port Management Company.
Coal exports via the Far East ports of Russia have been showing sustainable growth from 2012. This entails the demand for additional transshipment facilities with open access for different companies.
It was in autumn of 2012 that the decision was made to expand the capacity of Vostochny Port JSC. Investments into Phase 3 of the port make some RUB 27 bln. The project is financed exclusively by the company without any resources from the federal or regional budget.
Irina Olkhovskaya, Director on Long-Term Development and Interaction with Federal Authorities, Port Management Company LLC, told Dmitry Medvedev about the private investment project on construction of Phase 3 of Vostochny Port, Russia’s largest dedicated coal terminal (part of the holding run by Port Management Company LLC): “Over RUB 19 bln of planned RUB 27 bln have already been invested. A new berth was opened in summer. Despite the geographic proximity of China and Japan, over 4,000 t of metal structures manufactured in Russia were used for the construction under import substitution programme. Assembly of special coal loading equipment has been performed in cooperation with the Japanese partners. Apart from port infrastructure the project foresees the construction of two railway-yards for RUB 5 bln. It is a very important factor for synchronization of port and rail infrastructure development. We have been in permanent cooperation with our colleagues from Russian Railways JSC”.
With the launch of new facilities, Irina Olkhovskaya emphasized, the stevedore’s coal transshipment will grow to 40 mln t per year to meet the growing demand in the Asia-Pacific Region and to build up exports potential of Russia’s coal industry.
When asked by the Prime Minister about the number of new jobs under the project, Irina Olkhovskaya said that the launch of the port’s new facilities would generate 400-500 new jobs for Primorsky Territory citizens.
Port Management Company LLC controls operation of Russia’s largest coal terminals – Vostochny Port JSC (Vrangel Bay, Primorsky Territory) and Rosterminalugol JSC (Ust-Luga, Leningrad Region). Total throughput of the two dedicated terminals exceeded 40 mln t in 2015, which is more than one third of coal exported from Russia by sea. Coal is shipped to more than 30 countries of Europe, Middle East and Asia-Pacific Region. By 2019, total throughput of the company’s terminals is to reach 56.5 mln t.
The company applies advanced technologies to export coal produced by JSC Kuzbassrazrezugol, JSC SUEK, JSC Kuzbass Fuel Company, JSC Russian Coal, JSC Sibuglemet, LLC Promugolservice CJSC Belovskaya Mine, LLC Stepanovsky Razrez, LLC Razrez Bungursky Severny and other Russian coal companies.
Port Management Company was set up in 2008. From 2009 the company controls the operation of Vostochny Port JSC. Over this period, Vostochny Port’s throughput surged by 58% to 22.8 mln t in 2015. In 2010-2015, the company held optimization of production processes and implemented the programme on modernization of equipment. Rosterminalugol JSC fell under control of Port Management Company in 2016. In 2015 Rosterminalugol handled 17.5 mln t of coal, a record-high result of the company. Port Management Company is headquartered in Moscow.
Vostochny Port JSC (Vrangel Bay, Primorsky Territory, Far East) is Russia’s largest publicly available terminal equipped with cutting-edge equipment: tandem wagon dumpers, conveyor systems, stackers, reclaimers, ship loading conveyors, a defrosting system for 80 railcars and a unique multilevel system of magnetic separation. Highly efficient systems of water treatment, dust suppression and wind barrier installed at the terminal ensure the protection of the Vrangel Bay environment.
In 2015 the port handled 22.8 mln t of coal, one fifth of all coal exports via Russian seaports and about 32% of coal transshipment via the ports of Russia’s Far East Basin. The coal is exported to APR, India and Latin America.
Vostochny Port JSC is implementing an ambitious investment project on construction of the coal terminal’s Phase 3. New terminal facilities will be put into operation in 2017 allowing for port capacity to reach 39 mln t in 2019. The project is financed exclusively by private investor, without involving any state resources. Investments into the project make RUB 27 bln.
Rosterminalugol JSC (port Ust-Luga, Leningrad Region) is the largest dedicated coal terminal in the North-West region of Russia. The terminal built with the application of the innovative technologies is intended to supply Russian coal produced in Kuzbass and other coal fields to the customers in Europe, Africa, Middle East, Latin America and the USA. The terminal was founded in 1996 under the programme on establishment of a commercial seaport in Ust-Luga. Rosterminalugol entered the holding run by Managing Port Company LLC In 2016.
In 2015, throughput of Rosterminalugol grew by 13%, year-on-year, to a record high result of 17.5 mln t (62% of coal transshipment in the ports of Russia’s Baltic Basin). In 2016, Managing Port Company LLC launched the project on further modernization of the terminal.