The first phase development of a grain terminal at the port of Odessa, in Ukraine, has been inaugurated. It has silos that are able to store 72,400 tonnes of grain and is due to become operational later this year.

The new grain terminal is being constructed by the port itself in partnership with Brooklyn-Kiev, with both entities supplying the same finance. Once fully operational, the complex will be able to store 240,000 tonnes of grain and have an annual capacity of up to 3 million tonnes. It will become one of the most advanced of its kind in the Black Sea.