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Exports of Kuzbass coal to India through the "Vostochny Port" want to increase
The management of the Ural Mining and Metallurgical Company (OJSC UMMC), the executive body of the coal terminals Rosterminalugol and Vostochny Port, is ready to increase the export of Kuzbass coal to India through Vostochny Port. This was announced by Irina Olkhovskaya, Director for Port and Railway Projects at UMMC, during the Russia-India business dialogue at the VI Eastern Economic Forum.
“Of course, we pin great hopes on the substantial volumes of supplies of high-quality coal from Kuzbassrazrezugol to Indian consumers - UMMC has a great deal of successful cooperation with India,” she added.
According to the press service of Vostochny Port JSC, in early September 2019, within the framework of the EEF, the launch of the third stage of the specialized coal complex of Vostochny Port JSC took place. The first, in the presence of Russian President Vladimir Putin and Indian leader Narendra Modi, was shipped the bulk carrier MIN SHENG - 80 thousand tons of high-quality coal from a domestic producer was sent to the largest metallurgical company in India - JSW Steel Ltd.
A month later, the management of UMMC demonstrated in action a new project of the Third Stage of a specialized coal terminal of Vostochny Port JSC for the delegation of heads of the largest metallurgical companies of India headed by the Minister of Natural Gas, Oil and Steel of the Republic of India D. Pradhan. Indian metallurgists highly appreciated the technical equipment of the terminal of the largest stevedoring company in Russia.
The Indian delegation was interested in the unique competitive advantages of Vostochny Port JSC: multistage magnetic cleaning of coal from metallized impurities, fast loading of large-tonnage vessels, including work in low temperatures, high-tech unloading and storage equipment, the best level of industrial ecology among coal ports in Russia. Thanks to these advantages, cargo owners receive a guaranteed high level of quality of loading and unloading operations, which is the main condition for the supply of Russian coal to metallurgical plants in India.
Irina Olkhovskaya noted that at the moment Vostochny Port occupies almost a third of coal volumes exported from Russia to India - 2,8 million tons. Vostochny Port JSC has fully implemented an investment project to develop its port capacity, which has doubled its export capabilities - from 25 to 55 million tons per year.
“Undoubtedly, the decisive role in the actual increase in the turnover of coking coal and, in principle, metallurgical coal for India is played by the full-scale implementation of the Eastern landfill railway project. This is the development of the BAM and the Trans-Siberian Railway, which we are all looking forward to, because the coal industry, like the port industry, is ready for additional volumes. I am sure that close interaction between the heads of our two states will speed up the implementation of infrastructure projects and increase the trade turnover between Russia and India, ”commented the top manager of UMMC.