6 Jul 2022 10:15

Ukrainian traders building terminals on Danube for new export routes

MOSCOW. July 6 (Interfax) - Ukrainian traders of agricultural commodities Nibulon, Lemtrans, TIS and Kernel are building new terminals at ports on the Danube River and a railway to develop alternative routes for agricultural exports from Ukraine bypassing blocked seaports, Infrastructure Minister Oleksandr Kubrakov said at a forum on Ukraine recovery in Lugano, Switzerland on Tuesday

Government institutions and businesses are working in partnership to establish new export routes, he said.

Not just the government is investing with its limited resources, businesses are also not wasting any time, primarily Kernel, Nibulon, Lemtrans and TIS, Kubrakov said at a panel discussion. More and more companies are building new transshipment terminals at river ports on the Danube and a railway. They are trying to increase their exports and the government supports any initiative from the private sector, he said.

An example of such private and government cooperation was the provision of a land parcel to Nibulon for the construction of a new grain terminal on the Danube with capacity to handle up to 300,000 tonnes per month, Kubrakov said. This was almost two months ago, and now photographs show that they are almost finishing construction work and preparing the terminal for operation, he added.

An earlier report citing Yug.Today said that Nibulon planned to build a grain terminal on a 20-hectare property near the Odessa region city of Izmail on the Danube River. The capacity of the existing Izmail port and elevator will not be used.

The group is considering using the fleet of the Ukrainian Danube Shipping Company in its logistics.