The Antimonopoly Committee of Ukraine granted a permission to Cargill and Arya S.A. for joint acquisition of the Neptune grain terminal in port Pivdennyi.
Neptun was commissioned in September 2019 and has trasshipped over 2.5 million tonnes of agricultural commodities in 2019/2020. The construction of the terminal was a joint venture project between Ukrainian stevedoring company MV Cargo and American food corporation Cargill. The project was implemented with the support of EBRD and IFC and the estimated cost was $150 million.
Terminal capacity is 5 million tonnes of grain per year. It can store up to 290,000 tons of grain at a time in a flat storage warehouse together with 14 silos bins.