How the port of Mariupol overtakes its own plans
The port of Mariupol exceeded the mark of 5 million tons of handled cargo, and also repeated its own record for the simultaneous handling of vessels.
As of mid-October, the following cargoes were handled in the port of Mariupol:
- steel products – 3.53 million tons;
- grain – 509.4 thousand tons;
- pig iron – 448 thousand tons;
- construction materials – 428 thousand tons;
- sunflower oil – 74.8 thousand tons.
Also, the port of Mariupol repeated its own record for the simultaneous handling of vessels. As of October 13th, 12 vessels were under handling at the port berths. For further export Ukrainian wheat for Algeria, Turkey and Libya, slabs for Italy, coils and steel plates for Egypt, coils and corn for Turkey were loaded onto vessels. In addition, imported kaolin, limestone and equipment were unloaded at the port.
Earlier, USM reported that the Acting Head of the SE “Mariupol Commercial Sea Port” Igor Barskiy, presented a plan for the development of the Mariupol port for the near and medium term.
Thus, the construction of the 1st stage of a new grain terminal is nearing completion in the port. It is planned to launch it in early 2022, after which the construction of the second stage will start. Now a project feasibility study (PFS) is being developed. After the design of the second stage, the port will look for an investor to implement the construction.
In addition, the construction of a container terminal is planned in the port of Mariupol. The approximate cost of the project is $60 million. Upon completion of the construction, the annual capacity of the terminal will be 221.1 thousand TEU. But for now, the port is looking for an investor to start the project.
All these works are carried out by SE “MCSP” in accordance with the Plan of SE “Ukrainian Sea Ports Authority” for the development of the port of Mariupol. According to the document, within five years (the document was approved in 2018), the port plans to increase the number of jobs and cargo handling capacity by 2.5 million tons per year, as well as containers – by 100 thousand TEU per year. In 2021, the port handled 2 thousand TEUs against zero last year. Although this is not sea transportation, it still speaks of the resumption of container handling at the MCSP.
To recap, approved by the Cabinet of Ministers financial plan of SE “Mariupol Commercial Sea Port” for 2021 provides for the receipt of UAH 1.3 billion (USD 49.3 million) in net income from product sales, as well as UAH 93.2 million (USD 3.5 million) in net profit. Capital investments are envisaged in the amount of UAH 389.8 million (USD 14.7 million), including the modernization and modification of fixed assets in the amount of UAH 43.9 million (USD 1.6 million).
According to the financial plan, MCSP plans to achieve a cargo handling rate of 7.1 million tons. From January to September, the company handled 5.2 million tons of cargo (versus 5.3 million tons in the same period last year).