Financially, the terminal construction was supported by Pivdenny Bank together with LLC Novotech-Terminal’s leasing partner Tekom-Lease.
The new grain terminal will be located on the port’s berths No. 25 and No. 26 and will be able to accommodate vessels with lengths of up to 250 meters and draughts of up to 11 meters. The terminal will comprise a port elevator with a storage capacity of up to 110 tonnes. The construction is planned in four stages and is expected to be completed in 2019.
The construction project already has passed all required examinations and approvals, according to UkrAgroConsult. The land site for the projected construction has been leased out by the Odessa state regional administration for a long term.