Technological infrastructure of Vostochny Port's Phase 3 highly appraised by Indian delegation
Management of Ural Mining Metallurgical Company OJSC (UMMC) and Vostochny Port JSC have demonstrated the newly launched Phase 3 of the coal terminal to the Indian delegation featuring top representatives of the country’s largest metallurgical companies and headed by Dharmendra Pradhan, Cabinet Minister for Petroleum & Natural Gas and Steel in the Government of India. According to Vostochny Port’s press release, the delegation members highly appraised the technological infrastructure of Russia’s largest stevedore.
The guests were impressed with unique competitive advantages of Vostochny Port: system of multi-stage magnetic coal separation, fast loading of large ships, hi-tech equipment and high level of sustainability.
The visit of the delegation including representatives of JSW Steel, Tata Steel, Coal India Limited, Steel Authority of India Limited was organized by Rosneft as a follow up to the visit of Hon’ble Prime Minister to Vladivostok for the Eastern Economic Forum in September 2019.
Vostochny Port JSC launched Phase 3 of its specialized coal terminal on 5 September 2019 in the framework of EEF. The first batch of cargo, high quality coal of UK Kuzbassrazrezugol intended for JSW Steel Ltd, the leader of India’s steel industry, was loaded at the new facility in the presence of President of Russia Vladimir Putin and Prime Minister of India Narendra Modi.
“Large-scale renovation of infrastructure has been underway in India from 2016 giving an enormous impetus to the projects of metal industry which require high-quality coking coal. With its high-quality product and hi-tech sea terminals, Russia is in a position to become a priority supplier for Indian companies”, said Irina Olkhovskaya, UMMC Director for Port and Railway Projects.
“We are ready to ensure the highest quality of Russia’s export coal preparation and transshipment as well as full compliance of all technological operations with global environmental requirements. With throughput capacity of Vostochny Port raised to 55 million tonnes, Russian coal mining companies have obtained a new opportunity of long-term supplies to the APR countries”, said Vadim Baibak, Managing Director of Vostochny Port JSC.
Vostochny Port JSC (Vrangel settlement, Primorsky Region) is Russia’s largest specialized terminal with high-tech coal transshipment.
Vostochny Port is a free access facility open for all coal manufacturers of Russia. In 2018, it handled 24.3 million tonnes of cargo.
The terminal features 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.
Vostochny Port is the first coal port in the Far East that obtained a certificate of compliance with ISO 14001:2015 “Environmental Management System: Requirements and Application Guide.” The certificate confirms the company’s compliance with both Russian and international requirements on environmental risk management.
Phase 3 of Vostochny Port’s coal terminal is the most ambitious private investment project costing over RUB 40 billion and implemented through public private partnership without involving state financing. Phase 3 lets the terminal increase its annual throughput to 50-55 million tonnes. The Phase 3 project has generated more than 600 new high skill jobs. By 2026, the project will ensure a total of RUB 25 billion of tax payments that will give a powerful impetus to the social and economic development of the Primorsky Territory.