Ukrelevatortrans (UET)

Location:

Ukraine

Project number:

44697

Business sector:

Transport

Notice type:

Private

Environmental category:

B

Approval date:

17 Dec 2013

Status:

Complete

PSD disclosed:

25 Oct 2013

Translated version of this PSD: Ukrainian
 

Project Description

EBRD is considering a senior loan facility to Brooklyn-Kiev LLC for the construction and development of a grain transhipment terminal in the Port of Odessa with maximum design throughput capacity of 4.5 million metric tonnes of grain per annum (the Terminal).

The project is implemented jointly with Louis Dreyfus Commodities, a global leader in agribusiness, according to an agreement signed by Brooklyn-Kiev LLC and Louis Dreyfus Commodities, which envisages the establishment of a joint venture for the development and management of the Terminal and related activities.

The project aims to address the existing shortage of modern deep water grain port transhipment capacities in Ukraine.

Transition Impact

The transition impact of the project is expected to derive from the following:

  1. Expansion of competitive market interactions via investments in transport infrastructure for soft commodities which will encourage an increased number of farmers to utilise such facilities and services.
  2. The Terminal is developed on the territory of a former shipyard “Ukraina”, which was out of operation for over a decade. The project will contribute to the regeneration of a dilapidated area and its return to productive use.
  3. The project will promote dissemination of skills and demonstration effects stemming from the use of modern technology, equipment and energy efficiency measures.

The Client

Brooklyn-Kiev LLC is a leading private stevedoring company in Ukraine operating in the Port of Odessa, which provides services on transhipment of export / import cargoes, freight forwarding and other port services.

Louis Dreyfus Commodities is a global merchandiser of commodities, a major asset owner and a processor of agricultural goods.

EBRD Finance

Senior A/B loan in the amount of up to US$ 60 million, part of which may be syndicated to commercial banks.

Project Cost

US$103.8 million.

Environmental Impact

Categorised B. The potential environmental and social (E&S) impacts associated with the development and operation of a grain transhipment terminal within the Port of Odessa are expected to be site specific, readily identified and addressed through appropriate mitigation and management measures. E&S Due Diligence (ESDD) has been carried out by an independent consultant.

ESDD showed that the Company implements the Port of Odessa’s environmental management system, which is ISO 14001 certified, and safety requirements for both its existing operations and the project. An Environmental Impact Assessment (EIA) (OVOS) has been conducted and approved for the project. Construction on the project has already started and ESDD identified the need to improve contractor environmental and Occupational Health and Safety (OHS) performance and management by the Company. Impacts on community health and safety are limited as incoming traffic bypasses residential areas. The project design includes various measures to avoid and minimise dust emissions as well as measures to reduce energy requirements and ensure appropriate waste and wastewater management. ESDD highlighted the potential for contamination at the project site due to historic operations prior to the project. This will be addressed through further investigations including sampling and improvements in secondary containment. The OVOS did not identify any significant biodiversity risks. A Stakeholder Engagement Plan and non-technical summary of the project have been developed as part of the ESDD.

An Environmental and Social Action Plan (ESAP) has been developed for the project. Key actions in the ESAP include the development of a Company specific integrated environmental and health and safety (EHS) management system drawing on existing Port procedures and requirements; obtaining all necessary permits; improving contractor management and contractor OHS performance; improved EHS performance monitoring of the project; continued air quality monitoring on the site boundary (SPZ); conducting a site contamination investigation as well as dust explosion risk zone analysis for the project; and implementing the SEP. EBRD will monitor the project’s E&S performance by reviewing annual environmental and social reports, including updates on the implementation of the ESAP, provided by the company and may also undertake monitoring visits.

Technical Cooperation

Energy efficiency assessment of Brooklyn-Kiev’s existing facilities and review of the project’s technical design, including the processes, equipment and necessary technologies was conducted under the Sustainable Transport Technical Assistance Programme.

Company Contact

Brooklyn-Kiev LLC

Elena Aliyeva
First Deputy General Director
Email: lena@brooklyn.kiev.ua

Louis Dreyfus Commodities Ukraine LTD

Lamprakis Lazos
General Manager
Email: lamprakis.lazos@ldcom.com

 

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

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