Neptune has processed more than 6.6 million tons of grain since its inception
7 june, 2021
Neptune grain terminal at the Port Pivdennyi, the largest U.S. investment in the Ukrainian agro-industrial complex, has handled more than 6.6 million tons of grain in three years.
‘June 1st, 2021 shows three years since the start of the Neptune grain terminal, a joint venture with the American corporation Cargill. During this time, the terminal has received 132 vessels and processed more than 6.6 million tons of grain,’ said Andrey Stavnitser, the Neptune co-owner.
Neptune is one of the largest and most modern grain terminals in Ukraine and in the Black Sea region. This is a joint project of the Ukrainian stevedoring company MV Cargo and the American food corporation Cargill, implemented with the support of the EBRD and IFC. The total investment in the construction of the terminal was $ 150 million.
‘Nowadays, Neptune is reaching a new ‘quality’ level, and it is important to note that in the implementation of this investment project, its owners, as well as the Ukrainian state, have made the highest commitments to the American investor. This partnership is a unique and important example of effective cooperation between the U.S. and Ukraine. A partnership that we can be proud of not only at the business level, but also at the interstate level,’ said Andrey Stavnitser.
The terminal has fully fulfilled its obligations and continues to fulfill them, effectively processing the products of Ukrainian farmers. The Ukrainian state also demonstrates its readiness to strengthen Ukraine's image as a reliable partner for American investors. There is the reason to hope that the obligations of the state will also be fulfilled.
We remind that the annual design turnover of the terminal is 5 million tons. The complex consists of 14 silages with the capacity of 15 thousand tons and a floor granary with the capacity of 80 thousand tons. The terminal is equipped with its own railway and road infrastructure. The cargo turnover of the terminal in the marketing year 2019/2020 (July 2019 – June 2020) amounted to more than 2.5 million tons, as a result of which Neptune entered the top ten largest grain terminals in Ukraine.
The terminal started its operation in test mode and grain processing in June 2018. The grand opening of Neptune took place on September 6th, 2019.