East Mining Company eyes arranging offshore transshipment of coal in Kamchatka under Tata project
East Mining Company is looking into organizing offshore transshipment of coal in Kamchatka. As Oleg Misevra, Chairman of EMC BoD, told IAA PortNews, the company is negotiating the issue with Tata Group (India). The scope of transshipment is estimated at 8 million tonnes per year.
“They (Tata - Ed.) will build a port and a road. Therefore, we were asked to ensure a complete outsourcing from excavation to transportation and shipment of coal. We are now in negotiations with them and if they take such a decision and select us we are ready to get involved”, said Oleg Miserva.
EMC has already had a successful experience of coal production and exports. That was a project on offshore transshipment of coal at the port of Shakhtersk (Sakhalin). The company’s offshore terminal is able to accept ships of up to 300,000 tonnes in capacity. Annual coal transshipment of 10 million tonnes is to be increased to 20 million tonnes per year.
In 2017, the "daughter" of the Indian Tata Power won the right to develop the Krutogorovsky field in Kamchatka with the license for 25 years. Investments into the project are estimated at $560 million.