Port Vera Explained

Port Vera is a coal terminal in Russia's Far East. It is located across the bay from Vladivostok.^{[1] [2] [3]} It cost more than $1 billion in Rubles to build.^[4] The terminal is to have a capacity of to 20 million tonnes per year.

History

Port Vera project began in 2014. It was subsidized by Rostec and designed by Rosengineering.^[4] In August 2022, the port was completed with a draft of 12.11 meters. The berth is 246 meters long.^[5]

In 2023, the port was sold to the Sibanthracite Group. ^[6]

Notes and References

1. News: Glavgosexpertiza approves construction of coal terminal Port "Vera" in Primorye .
2. News: https://en.topcor.ru/35271-morskoj-terminal-port-vera-operedivshij-sankcii.html.
3. News: Roing .
4. News: Construction of coal port Vera to require $1 billion of investment .
5. News: Construction of coal terminal Port Vera completed with positive conclusion obtained from ad hoc regulator . 26 August 2022 .
6. News: The owner of Sibanthracite Group is to buy a port in Primorsky Krai | the Coal Hub . 29 June 2024 .