The Coal Hub
No Result
View All Result
  • Login
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
  • Subscribe
  • My account
  • Login
The Coal Hub
No Result
View All Result
Home Coal Production

SUEK acquires EuroСhem dry bulk terminals

Editor by Editor
4 months ago
min read2 min
Russian coal production
Share on FacebookShare on TwitterShare on Linkedin

SUEK purchased dry bulk terminals in the ports of Tuapse and Murmansk from EuroСhem.

RELATED POSTS

World Coal Marktet

World coal market overview – week 15

1 hour ago
Coal Deposits

A-Property’s debt reaches 2 billion USD

1 hour ago
Coal Mining

Shanxi to cap coal output at 1 billion t/y in 2021-2025

3 hours ago

Both companies are owned by a Russian businessman Andrey Melnichenko.

The price of the transaction could amount to 20 billion RUR (274.16 mio USD). Under the conditions of the deal, the purchase of the dry bulk terminal in the port of Tuapse will be financed by SUEK whereas Murmansk bulk terminal will be bought by SUEK and its Murmansk Commercial Sea Port.

According to experts, the deal results from an optimization of Andrey Melnichenko’s business, given that coal accounts for a large share in transshipment volumes of the dry bulk terminals. Moreover, in Q1 2021 SUEK and EuroСhem will create a transportation entity responsible for logistics of both companies.

The new transportation holding will manage SUEK’s terminals: Murmansk Commercial Sea Port, Maly Port in Nakhodka, Daltransugol in Vanino and 47.5 thousand railcars. EuroСhem will transfer 6.6 thousand railcars under management of the holding. Nevertheless, since the new transportation company will be still legally dependent on SUEK rather than become a separate company, experts think that the positive impact on logistics could be overestimated.

The cargo turnover of Murmansk bulk terminal is 7 mio t. In Jan-Nov 2020 coal transshipment in the port of Murmansk amounted to 11.83 mio t (-2.60 mio t or -18.1% to Jan-Nov 2019). The cargo turnover of the bulk terminal in Tuapse is 2 mio t. In Jan-Nov 2020 coal transshipment in the port of Tuapse declined to 3.20 mio t (-0.71 mio t or -2.2% to Jan-Nov 2019).

SUEK is a Russian coal producer. The company owns 30 coal mining enterprises, 7 coal washing plants, Daltransugol coal handling terminal in the port of Vanino, Murmansk commercial sea port and Siberian generating company and other assets. In Jan-Nov 2020 SUEK extracted 92.29 mio t (-3.61 mio t or -3.8% to Jan-Nov 2019).

EuroСhem is a Russian producer of mineral fertilizers. It owns mining assets in Russia and logistic assets in Europe. In 2016, EuroСhem sold its stake of 36.2% in Murmansk Commercial Sea Port to SUEK for 8.7 billion RUR (119.26 mio USD). In addition, EuroСhem announced plans to build a terminal for the transshipment of fertilizers with a capacity of 6 mio t in Ust-Luga.

Source: CAA Analytics

Follow on Twitter:

Tags: Andrey MelnichenkoCAA AnalyticsEurchemRussian coalSuekworld coal market
Editor

Editor

Related Posts

World Coal Marktet
Coal Demand

World coal market overview – week 15

1 hour ago
Coal Deposits
Coal Production

A-Property’s debt reaches 2 billion USD

1 hour ago
Coal Mining
Coal Production

Shanxi to cap coal output at 1 billion t/y in 2021-2025

3 hours ago
China coke plants fight back with $15/t coke price hikes
Coal Prices

China coke plants fight back with $15/t coke price hikes

1 week ago
Russian coal output
Coal Production

Russian government downgrades coal production forecast by 14%

1 week ago
China's Power Capacity
Coal Technology

Renewables to fuel 50% of China power capacity by ‘25

2 weeks ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

China coke plants fight back with $15/t coke price hikes

China coke plants fight back with $15/t coke price hikes

April 9, 2021
Ukraine coal imports

Ukraine’s coal imports up 10% in Jan-Feb 2021

March 19, 2021
global coal markets

World coal market overview – week 13

April 2, 2021

Recent Post

World Coal Marktet

World coal market overview – week 15

April 16, 2021
Coal Deposits

A-Property’s debt reaches 2 billion USD

April 16, 2021
Coal Mining

Shanxi to cap coal output at 1 billion t/y in 2021-2025

April 16, 2021
world coal markets

World coal market overview – week 14

April 9, 2021
China coke plants fight back with $15/t coke price hikes

China coke plants fight back with $15/t coke price hikes

April 9, 2021
Russian coal output

Russian government downgrades coal production forecast by 14%

April 9, 2021

The Coal Hub is an online platform for sharing analysis and information about the global coal market  more info

Categories

  • Coal Market Outlook
  • Coal Trade
  • Met / Coking Coal
  • Coal Fired Generation
  • Coal Regions
  • Climate & Technology
  • Economic Impact

Recent Posts

World coal market overview – week 15

A-Property’s debt reaches 2 billion USD

Shanxi to cap coal output at 1 billion t/y in 2021-2025

Energise your Friday!

Sign up to receive our weekly newsletter (each Friday) with new coal market reports, presentations & analysis.

© 2020 TheCoalHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
  • Subscribe
  • My account
  • Login

© 2020 TheCoalHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

Energise your Friday!

Interested in coal markets? Do you want our free email each FRIDAY with at least 3 new COAL reports & presentations?

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?