Global Ports and the mineral and chemical company EuroChem signed a memorandum of intent at the annual transportation and logistics exhibition TransRussia.
The agreement between EuroChem and Global Ports will run until the end of 2025.
According to the deal, Global Ports will provide for the shipment of products from EuroChem’s plants in GlobalPorts’ own bulk containers by block trains to the Global Ports multipurpose terminals in the Big Port of St. Petersburg.
Additionally, at the marine terminals, the fertilizers will be loaded into bulk carriers using container technology.
The cargo will be delivered from EuroChem plants in various regions of Russia. The average monthly handling volume will amount up to 100,000 tonnes. Global Ports leases flatcars from TransContainer, Eurasia’s leading intermodal container operator and Global Ports’ partner in Delo Group, to provide freight forwarding services.
The partnership between EuroChem and Global Ports is expected to establish a convenient logistic solution for the export of Russian chemical products through the modern infrastructure of the Big Port of St. Petersburg, as well as generate additional non-containerised cargo flows to offset the decline in container handling volumes in the Baltics.