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Baltic Coal Terminal to double coal volume to 4 mln tons in 2011
Alla Petrova, BC, Riga, 27.05.2011.
Print version
Print versionBaltic Coal Terminal, located in Free Port of Ventspils, plans transshipment of coal in amount of four million tons in 2011, which would be twice more as compared with the previous year, as a news service PortNews informs referring to a statement by Baltic Coal Terminal's Board Chairman Ilya Sokolov made on Thursday at the Baltic Forum.
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Major shippers of coal in the Baltic Coal Terminal are MPO Kuzbass, which co-owns the terminal, and Siberian Business Union.
Commenting on the possible impact of the coal terminal in Ust-Luga (Leningrad region, Russia) on coal traffic at the Ventspils terminal, Igor Sokolov said this would lead to greater competition between coal terminals on the Baltic Sea, reports LETA.
However, he expects that Baltic Coal Terminal will have sufficient cargo base provided by the terminal co-owner (MPO Kuzbass) and other companies that would be interested in the advantages that Ventspils ice-free port can offer.
Baltic Coal Terminal is a joint venture of CJSC MPO Kuzbass and Ventspils Commercial Sea Port.
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