Yuzhni Port grain terminal

25/2/2016
Joint venture, Project development

$ 100 million

Announced

25/2/2016


Overview:

  • Yuzhni Port grain terminal.
  • US based agriculture company, Cargill, has entered into a joint venture agreement with Ukrainian business MV Cargo, a freight handler, to develop a new grain terminal in Ukraine’s Black Sea port of Yuzhni.
  • The direct investment in the project will be $100 million. 
  • The terminal will predominately be used to dock and load vessels exporting grain, Ukraine's second largest export.
  • Construction of the terminal begins in February 2016 and is expected to be completed by the spring of 2018.

Ben Naylor - Regional editor

Jurisdictions:

United Kingdom
Ukraine

Deal types:

Joint venture
Project development

Practice area:

Project development

Governing law:

England and Wales

Industry sectors:

Agriculture
Shipping


Firms:

Party: Cargill (Joint venture partner)


CMS

Party: MV Cargo (Joint venture partner)

Lawyer: Graham Conlon