Novotrans signs agreement for cargo transhipment

The purpose of the agreement is to establish long-term co-operation in organising the export transhipment of industrial cargo of enterprises of the Oryol region, as well as agricultural products of the region at the LUGAPORT terminal, which Novotrans is building in the port of Ust-Luga in the Leningrad region. The terminal will be commissioned at the end of 2024. It will allow exporters to tranship a wide range of cargo: bulk, general, grain, and food cargo with a total volume of 24.3 million tpy.

“We are counting on an increase in the export of products of regional enterprises. This applies to both industrial goods and the agro-industrial complex. Let me remind you that last year, despite the circumstances, we managed to harvest a record harvest. In the Oryol region, the regional project ‘Export of agricultural products’ is being implemented, which is part of the national project ‘International co-operation and export’. In 2021, the volume of ex-ports of products of the agro-industrial complex of the region should amount to US$82.5 million. The region is interested in further expanding the geography of exports. The possibility of transhipment of our cargo through one of the most modern terminals, which will be built by the Novotrans Group of Companies in the Baltic, will open up the opportunity for us to supply our products to European countries along the shortest route,” noted Andrey Klychkov.

“The multipurpose transport and logistics complex LUGAPORT, created by the Novotrans holding, is designed to reorient Russian cargoes, which are now exported through the Baltic countries and Finland. Including grain cargo. For our partners, we will be ready to provide the opportunity to tranship the widest range of cargoes, as well as the highest quality and the best processing conditions in the Russian port. LUGAPORT is a significant project for the transport security of our country. Favourable geographic location and the possibility of receiving vessels with a large displacement will help to increase the export and import potential of Russia. The Oryol region, in particular, is among the top ten Russian regions for the export of grain crops. I am sure that our interaction with the region has very good prospects,” Klychkov concluded.

Read the article online at: https://www.drybulkmagazine.com/material-handling/10062021/novotrans-signs-agreement-for-cargo-transhipment/