On July 7, Vostochny Port OJSC signed an agreement with Marubeni Corporation (Japan) on supply of equipment for the Third phase of the Coal Terminal, the stevedore’s press center says.
The equipment is to be delivered within 16 months from signing of the certificate on delivery - take-over of project documentation. The transaction is valued at RUB 3.5 bln (39.21 % of the Company’s asset value).
Port Vostochny is located on the shore of the Sea of Japan within 20 kilometers from Nakhodka – end point of Trans-Siberian Line.
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.
In 2012, Vostochny Port commenced the construction of the Third phase of the Coal Terminal.
Managing Port Company LLC is the sole executive body of Vostochny Port OJSC.