Export Terminals

Kernel’s terminals are key infrastructure assets ensuring the efficiency of export logistics of grain, bulk oil and meal exported by the Company.

In Ukraine, we operate Transbulkterminal, one of the largest grain export terminal in the country with installed throughput capacity of 4 million tons per annum. In September 2012, Kernel acquired through a 50-50 joint venture a 100% interest in a deep water grain export terminal in Taman port, Russia. The third largest deep water grain export terminal on Russia’s Black Sea coast, it is strategically located in close proximity to southern Russia’s predominant grain producing region and has installed throughput capacity of 4 million tons per annum.

Deep water terminals, both Transbulkterminal and Taman, handle Panamax size vessels, loading over 50,000 tons of grain per vessel providing a material freight cost advantage versus approximately 5,000 tons per ship handled in the shallow water terminals of Azov Sea.

In Mykolaiv, Ukraine, we also operate dry cargo part at oil transhipment terminal, where we transship almost 0.5 million tons of sunflower meal per annum.