EU ‘conditional’ nod for Finnish firms’ merger
NewsThe Cargotec/Konecranes merger has cleared a major hurdle in the EU, but ‘challenging’ views from other regulators mean the timetable has been delayed.
Construction of a new 30 Mtpa bulk terminal at the new domestic Black Sea port of Taman is expected to start this year. The multipurpose facility will handle 20 Mtpa of coal, 5 Mtpa of sulphur and 5 Mtpa of ore. Estimated at around US$800M the terminal is planned to begin operations in H2/2015.
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