Baltic Coal Terminal throughput soars 47.4 percent

Coal shipments from Ventspils-based Baltic Coal Terminal in January-March 2012 surged 47.4 percent year-over-year to 1,181,730 tons. In March, the volume of coal handled at the facility totaled 449,950 tons.
Baltic Coal Terminal is a JV of two companies: CJSC MPO Kuzbass and Ventspils Commercial Sea Port. In 2010, coal throughput at the terminal amounted to about 2 million tons. Currently, the coal handled at the BCT’s terminal is exported largely to the UK, Belgium, Spain and Morocco.  The terminal’s indoor warehouse allows simultaneous storage of 210,000 tons of coal, (capacity – 6 m t/y). The two companies have invested in the first phase of the terminal EUR 80 million.

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