World Grain - October 2015 - 62

PORT NEWS ROUNDUP

Novorossiysk's grain volumes catch up as export duties loosen
NOVOROSSIYSK, RUSSIA - Novorossiysk Commercial
Sea Port (NCSP) Group reported July 20 that bulk cargo volumes, which include grain, totaled 5.263 million tonnes for the
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Association of Commercial Seaports. Its consolidated cargo
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on-year, which is in line with our best-case scenario," said Sultan
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that we managed to catch up with last year on grain volumes as
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Russian grain terminal under development acquired by Louis Dreyfus
ROTTERDAM, NETHERLANDS - Louis Dreyfus
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acquired a grain terminal in Russia's Rostov region. Currently
under development, the terminal is located on a 20-hectare
landplot in the Azov district on the river Don, and includes
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the transshipment of grains on sea-river vessels with an initial
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million tonnes over time.
"This new acquisition is fully in line with our regional investment strategy, which will help us serve our global customHUVPRUHHI¿FLHQWO\WKURXJKDGGLWLRQDOH[SRUWFDSDFLW\´VDLG

Cesar Soares, regional head of Grains for Europe and Black
Sea at Louis Dreyfus Commodities. "It is also an important
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The acquisition follows the signing of a memorandum of coRSHUDWLRQRQ-XQHDWWKH6W3HWHUVEXUJ,QWHUQDWLRQDO
Economic Forum, in the presence of Vasily Golubev, interim
governor of the Rostov Region.
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Investment Development Agency.

COFCO's Port of Santos facilities host Chinese vice-premier
BEIJING, CHINA - During his visit to Brazil, Vice-Premier
of the State Council Wang Yang took a special trip to the Port
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SURMHFWVDQGKHDUDUHSRUWGHOLYHUHGE\&2)&2*URXSFKDLUman Ning Gaoning on the company's "going global" drive
and business model.
Wang said he fully acknowledges COFCO's "going global"
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to lend more support to COFCO for its future growth.
Wang and his delegation visited Santos, the largest port in
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COFCO has invested in.
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of developing a fully integrated value chain, its global presHQFHDQGLWVLQYHVWPHQWSURMHFWVLQ%UD]LOZKLOHEHLQJEULHIHG
by Ning Gaoning on COFCO's business model of "buying
globally and selling globally" and its progress in going global.
According to Ning Gaoning, everything from upstream
planting all the way down to processing in the core value
chain of global grain and oils industry ultimately hinges on
large-scale wharves, which serve as logistic hubs to form a
sound business model. As one of the most important distribution centers in the global grain trade, Brazil's Santos Port sees
62

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chain.
With a total of almost $5 billion invested in Brazil, COFCO
mainly engages in soybean and corn business and owns two
soybean oil pressing mills, four sugar mills, one transit staWLRQWZRZKDUYHVDQGVLORV,Q%UD]LO&2)&2¶VRSHUDWLQJ
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market share.
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product business in Brazil.
With an annual transit capacity of over 3 million tonnes,
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sugar and feedstuff.
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sales regions including China, Europe and the Middle East.
As a wharf designed to import wheat, Cerealsul has an annual
transit capacity of 500,000 tonnes.
October 2015 / World Grain / www.World-Grain.com
http://www.World-Grain.com
World Grain - October 2015

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