Baltic Coal Terminal 10M throughput grows 26 percent

Coal transshipments through Ventspils-based Baltic Coal Terminal in January-October 2012 rose 20 percent from the same period a year ago, to 4,112,000 tons, the stevedore company said.

In October, coal handling at the facility dropped 32% to 219,027 tons.

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.