Risoil S.A. voiced the modernization plans in the seaport of Chernomorsk including a $70-million investment in transshipment terminal.
“This amount will be invested within the framework of the Memorandum of cooperation signed with the USPA. The administration is engaged in dredging the access channel to 16 meters. For the successful implementation of this project and the development of the port, Risoil has already built new storage tanks and installed the Neuero ship-loading machine. Now, as part of the development of a public-private partnership, it is planned to build a two-sided pier, a second line of the sea gallery and dry cargo tanks with a storage capacity of 150 thousand cubic meters,” Maxim Shirokov, General Director of Risoil S.A., commented.
At the meeting of the Regional Development Council of Odesa region, he asked the President of Ukraine, Petro Poroshenko, to speed up the adoption of the draft law “On Concessions” (No. 8125) on second reading, which would simplify and make more transparent the conditions of public-private partnership.
On May 12, 2017, the Ukrainian Sea Ports Authority (USPA) signed a Memorandum of cooperation with the Risoil Terminal company to increase the volume of cargo traffic in the port of Chernomorsk with a simultaneous upgrade of the depth level. (UkrAgroConsult/Business World Magazine)
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