Chinese CHEC completes dredging in Yuzhny port ahead of schedule

Source : 112 Ukraine

CHEC completes dredging operations in the Yuzhny seaport three months ahead of schedule
17:13, 4 January 2018


China Harbour Engineering Company, which specializes in dredging operations, has completed its works in the water area of the future Cargill terminal, where the depth is now 16 m. Founder of TIS and MV Cargo Andriy Stavnitzer wrote about this on his Facebook page, LIGA.NET reports

Related: Ukrainian Sea Ports Authority announces tender for dredging works in Reni port

“According to the documents, the project was due for completion by 31 March. However, CHEC managed to complete the assignment three months ahead of schedule. The first bucket was lifted on 20 July, the last one was lifted on 28 December. All in all, 4.4 million cubic meters of soil were removed”, - Stavnitzer wrote.

Related: Another top port operator to start work in Ukraine

“We have been working on a grain terminal for Cargill and MV Cargo for a few years. During this time, the project broke many records, on which I will elaborate at the opening ceremony. It seems like today another record was broken – the fastest dredging in the history of Black Sea ports. There are a few official procedures remaining, as well as works on the ship channel, but most of the work is done”, - Stavnitzer added.

Related: World’s largest port operator enters Ukrainian market

The agreement with China Harbour Engineering Company was signed by the Administration of Ukrainian seaports on 18 May 2017. The International Finance Corporation, which is part of the World Bank group, will provide a $37 million loan for the construction of a grain terminal in the Yuzhny seaport.

Related: US food company Cargill to invest $130 mln into sea port in Odesa

China Harbour Engineering Company is a subsidiary of China Communications Construction Company, founded in 2005. The corporation provides infrastructure construction, such as marine engineering, dredging and reclamation, road and bridge, railways, airports and plant construction. It is currently ranked as the second largest dredging company in the world. Its biggest projects include the building of the Port of Hambantota in Sri Lanka, the construction of a port at Lolabe in Cameroon to service the Mbalam iron ore railway, the building of the Port of South in Ashdod, Israel.

Related: EBRD assigns €150 million to modernize railways leading to Black Sea ports

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