December 26, 2012

Nibulon (Mykolaiv) increased agricultural product shipments by river by 62.5% compared to the previous navigation season, to 1.3 million tonnes.

According to the report on the official Web site of Nibulon, 62,640 tonnes of agricultural products were shipped from Pereyaslavsky branch (Kyiv region) and 53,920 tonnes from Kozatsky branch (Kherson region). Nibulon said that the companies were launched in July 2012.

After the completion of the realisation of an investment project on the comprehensive restoration of navigation on the Dnipro River and other rivers of Ukraine Nibulon plans to increase shipments to three million tonnes per year, reads the report.

Nibulon was established in 1991 and is one of the largest operators on the grain market. The company has elevators with a total capacity of 1.6 million tonnes, as well as its own trans-shipment terminal in Mykolaiv. It has been implementing a project to commission 17 grain elevators and river terminals, as well as builds 57 vessels, including 14 sea and river tugboats with an overall deadweight of 200,000 tonnes.