Nibulon looks to new grain facility

Nibulon, one of Ukraine’s leading grain traders, is to invest up to US$2B within the next decade to upgrade Egypt’s grain storage and transport infrastructure.

Nibulon, one of Ukraine’s leading grain traders, is to invest up to US$2B within the next decade to upgrade Egypt’s grain storage and transport infrastructure. The large-scale investment will be split over four stages, under an agreement reached this year with Egypt’s Ministry of Supply and Internal Trade.

Ukraine-based grain trader Nibulon has started construction of a new grain transhipment terminal on the Southern Bug River, which links the country’s grain producing regions with the Black Sea.

Ukrainian grain trader Nibulon is urging Kiev to begin restoration of navigation on the country’s two key rivers, the Dnieper and Southern Bug. The US$4-6M project aims to restore navigable waterways for international shipping.

Ukraine’s largest river port and fleet operator Ukr-RichFlot, is planning to invest US$17M in developing its operational infrastructure this year.

Agro-Maas NV, the Belgian stevedoring company with growing operations in Eastern Europe, has started construction of a grain handling terminal at the Ukrainian river port of Kremenchuk, some 250 km down the Dnieper from the country’s capital of Kiev.