• 2019 October 31 14:39

    USPA, COFCO International and Mariupol State Stevedoring Company set to increase agricultural products turnover in the port 3.5 times

    A large-scale investment project is to be implemented in the port of Mariupol to increase the turnover of agricultural products by 3.5 times. The corresponding memorandum of understanding was signed by the Ukrainian Sea Ports Authority (USPA), the Mariupol Sea Trade Port (MSTP), COFCO Agri Resources Ukraine LLC (COFCO International) and STT LLC (STT) on the sidelines of the RE:THINK First Investment Forum which was held under the auspices of the President of Ukraine on October 29 in the Mariupol city, USPA says in a press release.

    The memorandum aims to bring together USPA, the state stevedoring company and the private companies to implement the project on the development of the berth infrastructure, construction of a grain terminal in the rear of the berth No. 3 and creation of a single overloading complex in the rear of the berths No.No. 2 and 3 of the Mariupol port.

    “This is another example of public-private partnership in the port industry with well-defined responsibilities of each party. It takes into account all the components of the project – reconstruction of berths, construction of new overloading facilities and, most importantly, providing the cargo handling volumes in the port of not less than 2.3 million tons per year. It will allow Mariupol to become one of the key logistics centers for exporting agricultural products in the southeast of Ukraine",— the Head of USPA Raivis Veckagans commented on the document signing.

    According to the text of the memorandum, USPA intends to ensure timely designing and reconstruction of the hydraulic engineering part of the berths No. No. 2 and 3.

    MSTP, on its part, undertakes to ensure the construction of the grain terminal in the rear of the berth No. 3 and to secure the cargo handling volumes (through the berths No. No. 2–4 of the Mariupol sea port) of not less than 2.3 million tons per a year. Implementation of the project on the construction of the modern grain terminal will allow to create about 90 new jobs in the region.

    In turn, COFCO International and STT upon completion of the corresponding works by USPA and MSTP intend to secure handling through the new Mariupol port terminal of sunflower oil of not less than 400 thousand tons per year, of granulated sunflower meal – not less than 400 thousand tons per year, of grain cargo – not less than 400 thousand tons per year.

    It will allow to diversify the cargo flows in the Mariupol sea port, to increase its competitiveness as well as to increase the number of vessel calls in Mariupol.

    The memorandum was signed by the Head of USPA Raivis Veckagans, the Director of MSTP Olexandr Oliinyk, the General Director of COFCO Agri Resources Ukraine LLC Volodymyr Osadchuk and the Commercial Director of STT Volodymyr Sudeiko.

    USPA is one of the largest state enterprises in Ukraine. The scope of its responsibilities includes the strategy implementation and management of all the seaports in the country. USPA makes investments into the development of water areas, berths and other port infrastructure, develops public-private partnership projects, as well as secures the maintenance of passport depths in the ports, pilotage of vessels and safety of navigation.

    USPA’s assets amount to more than UAH 20 billion with 162 units of the own fleet and 263 berths with a total length of more than 40 km to produce more than 135 million tons of cargo turnover (in 2018).

    With 11,000 people in 35 countries, COFCO International is the overseas agriculture business platform for COFCO Corporation, China's largest food and agriculture company. COFCO International is focused on being a leader in the global grains, oilseeds and sugar supply chains, with assets across the Americas, Europe and Asia-Pacific. The company trades with over 50 nations, while providing farmers unique direct access to the growing Chinese market. In 2018, COFCO International handled over 100 million tonnes of related commodities with revenues of $31bn. The company is accelerating its growth to create a world-class integrated global agriculture supply chain, anchored in China and competing globally.

2021 April 20

16:44 RF President signs law on long-term agreements for providing services involving nuclear-powered icebreakers
16:15 ONE launches Green Strategy Department
15:43 Solstad Offshore signs long-term contract for PSV in UK
15:20 ABS and Rainmaking to support Singapore’s decarbonization entrepreneurs
15:05 Icebreaker assistance period ends at the port of Vysotsk in the Leningrad Region
14:26 Budget allocations for construction of LNG terminal in Kamchatka Territory to exceed RUB 21 billion
14:02 Hiab to supply 37 loader cranes in Spain to maintain railway infrastructure
13:23 Alfa Laval starts testing methanol fuel cell systems for sustainable marine power supply
13:01 Bollinger Shipyards acquires Gulf Island Fabrication’s shipyard facilities
12:57 Icebreaker assistance period ends at Big Port St. Petersburg from April 21
12:30 Port of Helsinki cargo traffic up 3.6% in Q1 2021
12:11 Port of Antwerp expands its fleet with energy-efficient tugs
11:59 Investments at the Port of Gdynia – earlier than planned
11:18 Crowley completes first U.S. design for fully electric tug with autonomous technology
11:06 Admiralteiskie Verfi shipyard commences mooring trials of diesel-electric submarine named Magadan
10:35 Northern Dvina Basin Administration opens navigation season of 2021
10:07 SMW 2021: Maritime innovation in Singapore receives boost
09:48 KN and AFRY sign agreement on long-term capacity allocation and pricing model study of Lithuanian LNG terminal
09:29 Oil prices rise on OPEC+ expectations
09:12 Baltic Dry Index as of April 19

2021 April 19

18:47 550 industry leaders discussed navigating maritime industry transformation through collaboration
18:30 Offshore International joins forces with Mammoet to deliver turnkey logistical solutions
18:16 Industry collaboration to develop guidance on the safe use of Ammonia as a fuel
17:57 RFC to provide personal scholarships to naval cadets
17:36 Milaha and Schlumberger commence well stimulation vessel operations in Qatar
17:16 CMA CGM launches SERENITY deductible guarantee
17:06 Dublin Port volumes down by 15% in Q1 2021
16:49 Rosmorport continues ensuring safe pilotage of gas tankers arriving from Russian Arctic to LNG handling facility
16:30 BAR Technologies and Yara Marine partner to bring WindWings to global shipping market
16:03 4th Advanced Maritime Leaders’ Programme to focus on leadership in times of global crisis
15:37 Average spot market price for Russian M100 product fell to RUB 22,219 pmt
15:36 Wärtsilä navigation systems to secure safe and efficient operation for 10 LNG gas carriers in Arctic operations
15:15 Throughput of Port Vanino in 3M’21 rose by 7%
14:48 Ten companies and one individual recognised for contributions to Maritime Singapore at Singapore International Maritime Awards 2021
14:22 BLRT Group builds unique Launch and Recovery System for Namibian offshore diamond recovery vessel
13:43 Economic effect of Sea Port of Saint-Petersburg’s production system project exceeded RUB 100 million
13:21 Equinor reveales the deviation in quality of welding and inspection of the Johan Castberg production vessel
12:46 Resilience, digitalisation, decarbonisation and talent take centre stage at Singapore Maritime Week 2021
12:12 DP World, UAE Region is the first in the region to explore the Quantum Computing technology
12:02 RF Government approves roadmap on implementation of Arctic Development Strategy
11:41 Samskip to participate in new Norwest Baltic Route
11:10 Klaveness Combination Carriers offers low-carbon freight to the growing Australian lithium industry
10:50 Freeport of Riga took part in international logistics exhibition “TRANSRUSSIA”
10:13 Container throughput of Hong Kong port (China) in January-March 2021 rose by 2.4%
09:45 Port of Helsinki throughput in January-March 2021 rose by 3.6% YoY
09:26 Oil prices are slightly down
09:09 Baltic Dry Index as of April 16

2021 April 18

16:18 USCG says two crewmembers recovered from capsized lift boat
14:27 Port Canaveral to host commercial vessels for U.S. reflag conversion process
13:48 ABP expands customer offer at Port of Garston
13:11 Suez Canal Authority permitted two personnel of the crew members of the Panamanian vessel to leave for urgent personal circumstances
12:34 IACS announces Incoming Council Chair
11:33 Maritime NZ welcomes new Chief Executive
11:03 RMC and TT-Line ink contract for car and passenger ferry duo
10:25 Local start-up Machine Eye wins £75k in funding from Techstart Ventures and Belfast Harbour
09:41 Logistics services in Dunkerque-Port are expanding with innovative solutions
09:17 USCG recovered one crew member Thursday night from missing lift boat crew

2021 April 17

15:41 BW LPG sells VLGC "BW Empress"
14:23 USCG continues search for missing people from capsized vessel
13:19 Silverstream Technologies and Shell successfully complete trials of the Silverstream® System onboard the LNG carrier Methane Patricia Camila