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ULCT delivers inaugural shipment of coal-handling services

Global Ports Investments PLC (“Global Ports” or the “Company”, together with its subsidiaries and joint ventures, the “Group”) announced that as a part of its strategy to focus on developing additional revenue streams and optimizing its existing terminal infrastructure, the Group has conducted its first coal-handling shipment at Ust-Luga Container Terminal (ULCT).

ULCT has excellent rail connectivity and the capability to support up to 1.0 million tonnes of coal shipments per year. The first coal deliveries began arriving at ULCT in November 2018, with the inaugural shipment completed on 27 December this year. The container handling capacity of the terminal remains unchanged at 440 thousand TEU per annum.

Global Ports has detailed plans in place to manage the environmental and Health & Safety risks posed by the introduction of its coal-handling operations and has allocated a substantial part of the project’s budget to achieve this. The Company is implementing robust measures to ensure that neither its container handling operations nor the wider environment will be impacted by coal dust. These measures include the installation of protection screens, air and water monitoring systems and coal dust suppression equipment.

 

Source: Global Ports
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