About past, present and future of Ukraine

Main Business — Neptune Grain Terminal (Odessa region) increased cargo turnover by 66% in November

Business

Neptune Grain Terminal (Odessa region) increased cargo turnover by 66% in November

18 Dec, 2020
190
Neptune Grain Terminal (Odessa region) increased cargo turnover by 66% in November

Share this article


In November 2020, Neptune Grain Terminal in Yuzhny Port (North of Odessa) boosted cargo handling by around 66%, compared to last year, having transshipped 478 thousand tons of grains.


The terminal managers noted that Neptune was ranked second among the largest export terminals in Ukraine in terms of the volume of cargo handled. Thus, the terminal improved its position by 6 points.

As reported, the facility's share in the grain export from Ukraine in November 2020/21 amounted to 8.8%.

The terminal handled more than 2.5 mln tons of agricultural commodities and loaded 54 vessels since its official commissioning on September 6, 2019.

Again Neptune proved its status of the largest investment project in agribusiness.

Company's statement

About Neptune Grain Terminal

Neptune was built to enable Ukraine to maintain its position as a leading grain exporter and has been one of the largest investment projects in the country’s agriculture sector since many years. It is a joint investment project by the Ukrainian company MV Cargo and Cargill, the US leading global provider of food, agriculture, financial and industrial products, with the support of the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation. The total investment amounted to more than USD 150 million.


The Odessa Journal

The Odessa Journal

more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...