Molino Mechanical Industry and Trade Inc (Turkey), a manufacturer of equipment for grain industry, has proposed building a new grain terminal at Odesa port.

"A relevant proposal was announced by company Vice President Salim Alaybeyi at the forum in Odesa. In particular, he proposed an option of constructing a terminal with a capacity of 100,000 tonnes on a turnkey basis. The project envisages the possibility of unloading grain from trucks, rail cars, and allows loading simultaneously two Panamax type vessels at a rate of 1,200 tonnes per hour each. The required area for the project is 170,000 square meters. The estimated cost of a turnkey project is $150 million with a payback period of four years.

Alaybeyi also noted that the same or similar project can be implemented in any port of Ukraine. Currently Molino is looking for an investor in the project.