Baltic Coal Terminal Company Profile and Expansion Plans

The Baltic Coal Terminal is a significant player in the coal export industry, with a company profile that highlights its commitment to efficiency and customer satisfaction. The terminal's capacity to handle 10 million tonnes of coal per year is a testament to its operational capabilities.

Located in the port city of Ust-Luga, Russia, the terminal is strategically positioned to serve the European market. The terminal's proximity to the Baltic Sea allows for smooth and efficient transportation of coal to its destination.

The terminal's expansion plans are aimed at increasing its capacity to 12 million tonnes per year, which will further enhance its competitiveness in the market. This expansion is expected to be completed by 2025, marking a significant milestone for the terminal.

As the terminal continues to grow and expand, it's clear that it's well-positioned to meet the increasing demand for coal in the European market.

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The Baltic Coal Terminal is a significant project in the region. It was initiated in 2005 and received a construction permit from the Ventspils City Council in July of that year.

The terminal was officially opened on November 24, 2008. This marked the beginning of a new era in coal transportation in the Baltic region.

The terminal's main purpose is to store and ship Russian coal to Western Europe and the USA. This is a vital role, considering the region's energy needs.

The terminal's annual capacity is five million tons of coal. This number will increase to ten million tons after the second building phase is completed.

Here are some key details about the terminal:

JSC Baltic Coal Terminal was incorporated in January 2005.

The company's shareholders are Ventspils Tirdzniecības Osta (Ventspils Commercial Port) and LLC Indteс Baltic Coal, a subsidiary of Indtec Finanse B.V.

The Chairman of the Board is Alexander Starikov and the Vice-Chairman of the Board is Valery Pashuta.

The shareholders of JSC Baltic Coal Terminal have a significant stake in the company's operations.

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The Baltic Coal Terminal is located in the Free Port of Ventspils, Latvia. This is the base from which the terminal operates, serving as a hub for shipping coal to Western Europe and the USA.

The terminal was officially opened on November 24, 2008, with an annual capacity of six million tonnes of coal. This capacity has remained the same as of 2021, despite initial plans to expand.

In 2005, the Ventspils City Council issued a construction permit for the proposed coal terminal, marking the beginning of the project's development.

The terminal is located in the Free port of Ventspils, Latvia. This unique location provides a range of benefits for businesses and travelers alike.

The Free port of Ventspils is a major hub for trade and commerce in the region, offering a range of amenities and services to support the growth of local businesses.

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The proposed expansion of the Baltic Coal Terminal has been a topic of interest for several years. The terminal's owner, JSC Baltic Coal, planned to increase its capacity to 10.5 million tonnes, but the timetable was unclear.

In 2013, the Freeport of Ventspils Authority reported that the construction of a second berth had started, with the aim of boosting turnover to 10 million tons. However, as of 2021, the capacity was still listed as 6 million tons per annum.

The expansion project may have been cancelled, but there was a new development in January 2023. Telf AG reached an investment agreement with strategic consortium partners from Kazakhstan, with a planned completion in Q1 2023.

The investment agreement aims to significantly develop both the terminal's and the sea port's total transit potential and capacity. The terminal's existing handling capacity is up to six million tonnes a year.

The terminal's development project is ready and provides for a significant boost of the terminal's handling capacity. However, there were no further news on this as of November 2023.

A fire broke out at the Baltic Coal Terminal in Ventspils, Latvia, on July 4th.

The fire started in a coal storage area that had been closed.

Uzkarsušu ogļu perēklis, or a coal self-ignition, was discovered on July 4th.

The self-ignition was reported to have occurred at 2:44 AM on July 5th.

A Civil Defense Commission meeting was held on Sunday to discuss the situation.

The Valsts ugunsdzēsības un glābšanas dienesta (VUGD) reported that the fire had decreased and they were continuing to work on situational analysis and coal cooling.

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The Baltic Coal Terminal is a significant project in the region, and understanding its details can provide valuable insights. The terminal is owned by Baltic Coal Terminal JSC.

Located in the Free Port of Ventspils, Latvia, it's a strategic location for exports to the US and western Europe. The terminal has a coal capacity of 6 million tonnes per annum.

The terminal's parent companies are Ventspils Commercial Port AS (50%) and IAG Industrieanlagen GMBH (50%). This joint ownership structure suggests a collaborative approach to the project.

The terminal has been operational since 2008, making it a well-established facility in the region.

The terminal's coal comes from two primary sources: Russia and Kazakhstan. This information is crucial for understanding the terminal's supply chain and potential environmental impact.

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Baltic Coal Terminal is committed to sustainability, and it shows in their environmentally friendly handling of coal freights. They use closed-type technologies to reduce environmental pollution as much as possible.

The terminal has been using these technologies since its opening, and they've developed an environmental management system based on ISO 14001 standards. This ensures that their operations are performed in accordance with their profile.

Even under increased demand, BCT stresses the importance of ecology and does all it can to reduce pollution from coal freights. They ensure a full closed handling cycle, making them one of the most modern coal terminals in Europe and the most environmentally friendly coal terminal in the Baltic Sea region.

BCT's commitment to sustainability is evident in their efforts to reduce environmental pollution, and they're doing it while providing high-quality services in coal handling.

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Baltic Coal Terminal's financial performance in 2013 was impressive, with a net turnover of 11.871 million euros.

The company's net profit was a significant 544,317 thousand euros, a substantial increase compared to previous years.

In fact, the profit was almost seven times higher than in 2012, showing a remarkable growth.

The company's financial stability is reflected in its ability to maintain a strong profit margin despite fluctuations in the market.

Uzņēmuma neto apgrozījums 2013. gadā sasniedza 11,871 miljonu eiro.

The company's financial performance is a testament to its efficient operations and effective management.

The net profit of 544,317 thousand euros is a clear indication of the company's financial health and stability.