CHISINAU (Moldova), October 6 (SeeNews) – Moldova's first grain terminal on the Danube river started operations following a $17 million (12 million euro) investment, one of terminal's constructors said on Tuesday.
The terminal will receive on Tuesday its first three vessels: Kaptan Adem, which will be loaded with 1,850 tonnes of barley, Spadina - with 3,250 tonnes of barley and Richmond - with 3,300 tonnes of wheat, Danube Logistics said in a statement.
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This month, some 25,000 tonnes of wheat and barley will be loaded at the terminal and exported to Mediterranean countries, it added.
The grain terminal is part of the free economic zone Giurgiulesti International Free Port, which lies at the confluence of the Prut river and the Danube, in the southernmost edge of Moldova close to its borders with Romania and Ukraine. The terminal was built jointly by Danube Logistics, the operator of the zone, and Moldova’s firm Trans Cargo Terminal.
The terminal will meet Moldova's demand for transshipment of cereals destined for exports. Its laboratory is supplied with modern equipment and has a total storage capacity of 50,000 tonnes, Danube Logistics said.
The Giurgiulesti International Free Port also includes an oil terminal and cargo and passenger ports.
Moldova, wedged between Romania and Ukraine, has no coast line and the Danube is its sole wateraway linking it with the Black Sea.
($=0.679 euro)