Vostochny Port is among the most prepared platforms for the development of port infrastructure able to handle cargo transiting from Mongolia to the markets of the South-East Asia and APR, RF Transport Minister Maxim Sokolov has said today, 5 September 2017, when visiting Vostochny Port JSC, part of Port Management Company (PMC LLC), says PMC.

Apart from the Minister, Vostochny Port has been also visited by Victor Olersky, Deputy Transport Minister – Head of the Federal Marine and River Transport Agency; Oleg Belozerov, President of Russian Railways; Dangaa Ganbat, Minister of Road and Transport Development of Mongolia; Yondon Manlaibayar, head of Ulan Bator Railway.

The delegation visited the dedicated coal terminal, where Irina Olkhovskaya, First Deputy Director of Port Management Company LLC, paid special attention to the company’s measures focused on minimization of the port’s impact on the environment.

The guests also visited the construction site of the coal terminal’s Phase III, the largest investment project in the port sector of the Far East. The project is financed through private investments without involving the state budget.

RF Transport Minister Maxim Sokolov commented: “The terminal under construction at Vostochny Port has a design capacity of almost 20 mln t. It offers cutting-edge world-class technologies and railway infrastructure allowing for faster accepting/unloading/dispatching of trains. Sound infrastructure being developed here will let considerably improve the logistics of the port approaches. With such projects we ensure competitive advantages of our Far East ports.

Today, the Primorsky Territory and particularly Vostochny Port is among the most prepared platforms for the development of port infrastructure able to handle cargo transiting from Mongolia to the markets of the South-East Asia and APR.

The leaders of Russia and Mongolia will have a dialogue on the sidelines of the Eastern Economic Forum. I think the visit of the President of Mongolia to Russia will result in the nearest future in signing of an agreement on transit between Russia and Mongolia. The scope of transit will depend on agreements between Mongolian and the third countries”.

Phase III of Vostochny Port JSC, the largest investment project in the Far East which also implies the construction of the railway infrastructure at Nakhodka Vostochnaya station, will be presented at the III Eastern Economic Forum (Vladivostok, 6-7 September).

Vgrangel, Primorsky Krai based Vostochny Port JSC is Russia's largest dedicated open access coal port using covered stations for unloading and transfer of coal, conveyor equipment, rotary car dumpers, shiploaders and the second-to-none system of multi-stage magnetic coal separation. The port handles coal mined and exported by Russian coal companies. In 2016 coal throughput at the terminal reached 23.5 million tonnes, a fifth of all coal exports from Russia's seaports and about 30% of coal transshipment in the ports of the Far Eastern basin.

Since the port construction completion 390 million tonnes of coal have been exported through the facility and 6.6 million rail cars have been handled, 28,000 vessels have been received at the port berths. Over the past ten years, JSC Vostochny Port has shipped more than 200 million tonnes of coal, an all-time record among all Russian coal ports.

Vostochny Port JSC is a free access terminal, open to all coal producers. The enterprise's main objective is the increase in coal throughput and the best quality of cargo handling services: ensuring an uninterrupted supply chain and loading the commodity to the most efficient types of vessels for the formation of new supply routes.

Vostochny Port JSC LLC is implementing an ambitious investment project on construction of the coal terminal’s Phase 3 including the construction of the federal railway infrastructure. New terminal facilities will be put into operation in 2017 allowing for port capacity to reach 39 mln t in 2019. The coal will be delivered from Kuzbass and other coal fields of Russia. A sole executive body of Vostochny Port JSC is Port Management Company LLC.

Port Management Company LLC is Russia's major coal port holding that exercises the powers of a single executive body of largest dedicated coal ports based in the Baltic Sea region (Rosterminalugol JSC, Ust-Luga, Leningrad Region) and in the Far East (Vostochny Port JSC, Wrangel Bay, Primorsky Territory).Total coal throughput by the 2016 year-end results of the holding's stevedoring companies reached 41.5 million tonnes, which is more than one third of all seaborne coal exports from Russia. The commodity is exported to more than 30 countries in Europe, the Middle East and the Asia-Pacific region. By 2019, according to PMC' estimates the total annual coal throughput across marine coal terminals will increase to 56.5 million tonnes.

The PMC LLC was founded in 2008. Since then coal volumes handled at Vostochny Port leaped by more than 60%, and in 2016 totaled 23.5 million tonnes. Between 2010 and 2017, the PMC Holding implemented a program of production optimization, handling equipment modernization and upgrade.

In 2016, another stevedoring company JSC Rosterminalugol became member of the PMC Holding. Following the 2016 year-end results coal volumes at Rosterminalugol terminal reached a record high of 18.1 million tonnes.

Dedicated coal ports of the holding, Vostochny Port and Rosterminalugol, are fitted with the cutting-edge equipment for closed transshipment of coal.

A specific feature of the holding’s activities is the search and introduction of the best technologies available to increase coal transshipment and improve environmental safety. The ports boast the world’s best equipment, unique import substitution technologies and self-engineered products.

Published Date:2017-09-06