Coal shipments through Ventspils-based Baltic Coal Terminal in January 2012 surged by more than 2.5 times year-on-year 500,742 tons, BCT press release said.
Baltic Coal Terminal is a JV of two companies: CJSC MPO Kuzbass and Ventspils Commercial Sea Port. In 2010, coal throughput at the terminal amounted to about 2 million tons. Currently, the coal handled at the BCT’s terminal is exported largely to the UK, Belgium, Spain and Morocco. The terminal’s indoor warehouse allows simultaneous storage of 210,000 tons of coal, (capacity - 6 m t/y). The two companies have invested in the first phase of the terminal EUR 80 million.