Novorossiysk Commercial Sea Port (NCSP) started a project of upgrading of the grain terminal (NGT JSC) to increase its capacity to 2 million tons a year. The upgrade project is to build up the capacity of NGT granary to 160.000 tons and increase the facilities productivity for off-loading grain from rail cars from 2.9 million to 4 million tons a year, from trucks - from 700 tons to 1800 tons a year. To boost grain transshipment onto bulk carriers, additional conveyors and a third loading facility will be installed at berth N3, NCSP press-service reported.
Commenting on the news, Igor Vilinov, General Director of NCSP JSC noted that to date the NGT JSC has a complete portfolio of orders. However, the demand for quality services for handling and processing of grain is much higher than the existing capacity of stevedoring companies in the region. In this situation, the company decided to build up the capacity of the grain terminal. Mr. Vilinov said the new facilities will be launched in 2011.
The grain terminal operating in the port of Novorossiysk was built within an integrated investment program by NCSP Group. Since August 2008 NGT JSC has been operating at its maximum performance and handling up to 500.000 tons of grain a month. NGT is the most modern and highly efficient grain terminal on the Black Sea, which allows storage of up to 120.000 tons of grain for its further transshipment onto 60.000-dwt ships within 72 hours. The terminal also provides additional services, such as cleaning, drying, lubrication, fumigation of grain and coloring.
Novorossiysk Commercial Sea Port is the Russia's largest port operator. NCSP Group’s throughput in 2009 amounted to 86.5 million tons. Consolidated revenue of the Group on International Financial Reporting Standards for the 9 months of 2009 amounted to $508.238 million.
NCSP Group integrates several open joint stock companies: Novorossiysk Commercial Sea Port, Novorossiysk Grain Terminal, Novorossiysk Shipyard, NCSP Fleet, NovorosLesExport, IPP and Baltic Stevedoring Company LLC.
Commenting on the news, Igor Vilinov, General Director of NCSP JSC noted that to date the NGT JSC has a complete portfolio of orders. However, the demand for quality services for handling and processing of grain is much higher than the existing capacity of stevedoring companies in the region. In this situation, the company decided to build up the capacity of the grain terminal. Mr. Vilinov said the new facilities will be launched in 2011.
The grain terminal operating in the port of Novorossiysk was built within an integrated investment program by NCSP Group. Since August 2008 NGT JSC has been operating at its maximum performance and handling up to 500.000 tons of grain a month. NGT is the most modern and highly efficient grain terminal on the Black Sea, which allows storage of up to 120.000 tons of grain for its further transshipment onto 60.000-dwt ships within 72 hours. The terminal also provides additional services, such as cleaning, drying, lubrication, fumigation of grain and coloring.
Novorossiysk Commercial Sea Port is the Russia's largest port operator. NCSP Group’s throughput in 2009 amounted to 86.5 million tons. Consolidated revenue of the Group on International Financial Reporting Standards for the 9 months of 2009 amounted to $508.238 million.
NCSP Group integrates several open joint stock companies: Novorossiysk Commercial Sea Port, Novorossiysk Grain Terminal, Novorossiysk Shipyard, NCSP Fleet, NovorosLesExport, IPP and Baltic Stevedoring Company LLC.