Nibulon Interested in Kherson and Olvia Port Public Stevedore Concessions

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Managers of the LLC Agricultural Enterprise Nibulon visited on Tuesday the state enterprise (SE) Kherson Sea Trade Port (KSTP) which implements a concession pilot project in the port sector. This was advised by the public stevedore in Facebook.
“More and more potential investors wish to obtain a part of the concession process. Kherson sea trade port now is of interest for Ukrainian investors too – namely LLC AE Nibulon. On 2 October the company’s employees headed by its DG Oleksii Vadaturskii visited KSTP”, was said in the release.
“We appreciate such concern towards our enterprise. We demonstrate visually what the port lives on today, and what could be improved by reaching higher showings due to the collaboration with an investor”, noted the public stevedore.

The same day Oleksii Vadaturskii with his colleagues visited SE Stevedoring Company Olvia, too. The enterprise’s investment potential was presented by its Acting Director Ruslan Oliinyk.

SE KSTP and SE SC Olvia are among the public companies where the public-private partnership (PPP) pilot projects, i.e. concessions, are implemented. The official announcement of concession tenders is expected by the end of the year.
As of September 2018, over 25 Ukrainian and foreign companies expressed their concern in the concession of SE KSTP and SE Olvia, namely Dniprocargo, Ukrrichflot, Metinvest, Nibulon, Portinvest (all – Ukraine), Mitsubishi Corporation (Japan), China Harbour Engineering, Bunge (USA), POSCO Daewoo (Korea), COFCO Agri (China), etc.
The feasibility study for the public stevedores Kherson and Olvia concession pilot projects were developed by a consortium of international consultants sponsored by EBRD and IFC. They were approved by Ministry of Infrastructure on 23 June 2016.
LLC Nibulon founded in 1991 is one of the largest Ukraine’s grain market operators. It owns a transshipment terminal in Mykolaiv sea port capable of 5M t yearly, eleven river terminals on the Dnipro and Pivdenny Bug rivers, a shipping company and a shipbuilding-repair yard. The company has exported in the 2017-18 marketing year 4.1M t of grain and oilies (in 2016-17 MY – 4.65M t), and in the 2017-18 MY transferred 2.5M t of cargo by inland waterways.