Danube Logistics: First Export of Vegetable Oil via Giurgiulesti International Free Port

Danube Logistics: First Export of Vegetable Oil via Giurgiulesti International Free Port

• 28.11.2011

On 25 November 2011 Giurgiulesti International Free Port started for the first time to load a tanker vessel with Moldovan sunflower oil. The vessel is being loaded at ICS Danube Logistics SRL’s liquid bulk cargo berth, which is connected via a newly constructed pipeline to the TransOil Group’s recently completed vegetable oil storage facilities located within the business park of Giurgiulesti International Free Port. In total 3,000 mt of sunflower oil will be exported with the first vessel by TransOil to Italy. The loading of the vessel is expected to take 36 hours.

Thomas Moser, the Chairman of ICS Danube Logistics SRL, stated on the occasion: “The new vegetable oil facilities at Giurgiulesti International Free Port, will ensure the efficient export of Moldovan vegetable oil to world markets. With the start of the operation of the vegetable oil terminal and the upcoming opening of the container and general cargo terminal, Giurgiulesti International Free Port is rapidly developing into Moldova’s leading logistics centre.”

Vaja Jashi, the Chairman of the TransOil Group added: “In 2012 we expect to export more than 80,000 metric tons of vegetable oil via Giurgiulesti International Free Port.”

To date the residents of Giurgiulesti International Free Port have invested more than USD 70m and created more than 300 permanent jobs. Giurgiulesti International Free Port is located on 72.2 mile of the river Danube and consists of oil, vegetable oil, grain, dry bulk cargo, general cargo and container terminals as well as a business park.  For more information see: www.gifp.md

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.