EuroChem, PhosAgro Ink Transhipment Memoranda with Russia’s Global Ports

EuroChem Group AG and PhosAgro PJSC early this week signed separate memoranda with leading Russian container terminal operator Global Ports.

EuroChem and St. Petersburg-based Global Ports inked a Memorandum of Intent (MOI) for the transhipment of EuroChem fertilizers in bulk containers through the port of St Petersburg.

“Global Ports will provide for the shipment of products from EuroChem’s plants in Global Ports’ own bulk containers by block trains to the Global Ports’ multipurpose terminal in the Big Port of St. Petersburg, ” Global Ports said in an April 17 media statement.

At the port, the fertilizers will be loaded into bulk carriers using container technology

The agreement will run until the end of 2025. The average monthly handling volume will amount to up to 100,000 mt, said Global Ports.

The use of bulk containers is aimed at speeding up loading at plants, forming combined lots, and optimizing the use of storage capacities. The handling of the cargo at the port in bulk containers into the bulk carriers is also safer and more efficient, the company said.

Meanwhile, Global Ports and PhosAgro signed a Memorandum of Cooperation under which from Jan. 1, 2024, Global Ports’ multipurpose terminal in St. Petersburg, First Container Terminal, and Petrolesport will increase the handling of mineral fertilizers for export produced at PhosAgro’s Cherepovets plant in Russia’s Vologda region.

First Container Terminal and Petrolesport are both Global Ports companies.

The total volume of cargo handled through Global Ports’ terminals will be at least 3 million mt/y, the company said. The logistics group said it handled 0.7 million mt of PhosAgro’s mineral fertilizers at Petrolesport at the end of 2022.

The two fertilizer groups and Global Ports signed the memoranda at the annual TransRussia transportation and logistics exhibition on April 17.