News

October 26, 2015

EBRD to finance a greenfield development of a new state-of-the-art private grain terminal in the Port of Yuzhny

Project Description

THE EBRD is considering a senior secured loan to MV Cargo Ltd (the “Company”) to finance a greenfield development of a new state-of-the-art private grain terminal in the Port of Yuzhny with annual throughput capacity of up to 5.0 million tonnes of grain.

The Company will implement the project in partnership with Cargill, one of the largest providers of food, agricultural, financial and industrial products and services in the world, and the Ukrainian Sea Ports Authority, a state enterprise responsible for supervising the functioning, maintenance and development of the Ukrainian seaports and their infrastructure.

Project Objectives

The project aims to address the existing shortage of modern deep-water grain handling port facilities in Ukraine.

Full article here

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About Ian Bearder

Co-Founder and Chairman of ITS Ukraine.

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