Project of coal terminal at port Vostochny discussed in Primorsk Territory

Investment project on the construction of the 3^rd phase of coal complex at port Vostochny was discussed on February 28, 2014, at the meeting of the Council on attraction of investments into the regional economy.

According to the press center of the Primorsk Territory Government, investments into the project are estimated at RUB 14.2 bln. By 2017, the port capacity is to reach 35 mln t of dry loose cargoes. 

The 3^rd phase of the coal loading complex at port Vostochny will make it possible to increase the port’s capacity on transshipment of export and coastal trade coal by 16.5 mln t per year. The project will also generate 400 new jobs.

JSC Vostochny Port is the major stevedoring company of Russia specializing in coal transshipment. As of today, export coal (mainly coal mined in Kuzbass) accounts for 98.5% of the company’s turnover with 1.5% of the coastal trade coal and 0.01% of other cargoes. The company’s assets include a Specialized Coal Terminal with conveyer equipment system and railcar unloading station and a Universal Handling Terminal which specializes in clamshell coal handling. The Terminals’ annual capacities are 14.2 mln tonnes and 3 mln tonnes respectively. JSC Vostochny Port operates a fleet of harbor tugs able to berth 150dwt ships. Throughput of Vostochny (excluding the results of Special Oil Port of Kozmino) climbed by 13.3% to 26.43 million tonnes in 2012.