Baltic Coal Terminal throughput soars 55 percent
Coal shipments from Ventspils-based Baltic Coal Terminal in January-April 2012 leaped by 55 percent year-over-year to 1,686,280 tons, the stevedore company said.
In April, the volume of coal handled at the facility totaled 504,950 tons, a 1.8 times growth compared to last year’s numbers.
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.