Vostochny Port signs agreement on cooperation with Primorsky Territory and Nakhodka Municipality authorities
Vostochny Port JSC, operator of Russia’s largest dedicated coal port (run by Port Management Company, PMC LLC) has signed a three-party agreement on cooperation with the authorities of Primorsky Territory and Nakhodka Municipality. Total investments in implementation of environmental measures and modernization of handling equipment, both at the existing facilities and at Phase 3 which is under construction at the port, will make some RUB 1 billion, says Vostochny Port.
The document was signed by Andrey Tarasenko, Acting Governor of the Primorsky Territory and Andrey Gorelov, head of Nakhodka Municipality authority.
Vgrangel, Primorsky Krai based Vostochny Port JSC is Russia's largest dedicated open access coal port using covered stations for unloading and transfer of coal, conveyor equipment, rotary car dumpers, shiploaders and the second-to-none system of multi-stage magnetic coal separation. The port handles coal mined and exported by Russian coal companies. In 2017 coal throughput at the terminal reached 23.2 million tonnes, a fifth of all coal exports from Russia's seaports and about 30% of coal transshipment in the ports of the Far Eastern Basin.
Vostochny Port JSC is a free access terminal, open to all coal producers. The enterprise's main objective is the increase in coal throughput and the best quality of cargo handling services: ensuring an uninterrupted supply chain and loading the commodity to the most efficient types of vessels for the formation of new supply routes.
Vostochny Port JSC LLC is implementing an ambitious investment project on construction of the coal terminal’s Phase 3 including the construction of the federal railway infrastructure. Vostochny Port’s Phase 3 facilities will be put into operation in 2018 allowing for port capacity to reach 39-40 mln t in 2019. The coal will be delivered from Kuzbass and other coal fields of Russia.
In 2017, Vostochny Port fulfilled the plan for January-December having handled 23.2 million tonnes of premium quality coal. In the 12-months period Vostochny Port handled more than 317,000 gondola car and loaded 539 vessels. In October the company achieved another record with average daily handling of 67,000 tonnes. On October 16, Vostochny Port loaded 83,800 tonnes of coal to the bulk carrier FPMC B108 bound for Taiwan. It took 30 hours to load the ship. In November, Vostochny Port celebrated the 400-millionth tonne from the date of its foundation. The milestone tonne was loaded onto the MBA GIOVANNI.
A sole executive body of Vostochny Port JSC is Port Management Company LLC. Port Management Company LLC is Russia's major coal port holding that exercises the powers of a single executive body of largest dedicated coal ports based in the Baltic Sea region (Rosterminalugol JSC, Ust-Luga, Leningrad Region) and in the Far East (Vostochny Port JSC, Wrangel Bay, Primorsky Territory). In 2017, total coal throughput of the holding's stevedoring companies reached 48.2 million tonnes, which is more than one third of all seaborne coal exports from Russia. The commodity is exported to more than 30 countries in Europe, the Middle East and the Asia-Pacific region. By 2019, according to PMC' estimates the total annual coal throughput across marine coal terminals will increase to 56.5 million tonnes.
Port Management Company's specialised coal terminals Vostochny Port and Rosterminalugol are fitted with the cutting-edge equipment for indoor transshipment of coal. A specific feature of the holding’s activities is the search and introduction of the best technologies available to increase coal transshipment and improve environmental safety. The ports boast the world’s best equipment, unique import substitution technologies and self-engineered products.