DANUBE LOGISTICS: Grain Transshipment Terminal Starts its Operation

DANUBE LOGISTICS: Grain Transshipment Terminal Starts its Operation

• 06.10.2009

On 06 of October, the Grain Transshipment Terminal located within the Giurgiulesti International Free Port (GIFP) will receive the first three vessels, and namely: “KAPTAN ADEM” to be loaded with 1850 tons of barley, “Spadina” to be loaded with 3,250 tons of barley and “Richmond” to be loaded with 3300 tons of wheat. Throughout October, about 25,000 tons of wheat and barley will be loaded on several vessels and exported to Mediterranean countries. The Grain Terminal was built by SC “Trans Cargo Terminal” SRL in cooperation with ICS “Danube Logistics” SRL, the general investor in GIFP. The capacity of the terminal allows it to receive up to 3,000 metric tons per day of cereals by means of railway and road transportation, but also to load maritime vessels with a capacity of up to 7,000 metric tons, with a loading speed of 300 metric tons per hour. The Terminal will integrally satisfy the demand of the Republic of Moldova in transshipment of cereals for export. The laboratory of the terminal is supplied with the most modern equipment, while the total storage capacity of the Terminal is 50,000 tons. The total investments made in the project amounts to 17 million US Dollars. Whereas Trans Cargo Terminal invested in the grain storage, grain loading facilities and the laboratory, Danube Logistics constructed the berth for maritime/river vessels, the rail and road connections, the utilities and a 110 kv power substation in support of the project.

Danube Logistics, Giurgiulesti International Free Port

Giurgiulesti International Free Ports (GIFP) entire 120 ha territory has a status of a free economic zone and consists of an oil product terminal, a grain terminal as well as a general cargo and container terminal including a RoRo ramp (start of operation by September 2011). Due to its location on the Lower Danube with available water depths of up to 7 meters, GIFP is capable of receiving both inland and sea-going vessels. Against this background the GIFP serves its clients as: - the only direct sea/river-borne transshipment and distribution point to and from the Republic of Moldova, - a regional logistics hub on the border of the EU with access to road, European and Russian railway, river, sea, and - an excellent business location, because of its strategic location, tri-modal transport infrastructure, low cost environment and a unique customs and tax regime.