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Cargill, the US food giant, has acquired 51% ownership in Neptune Grain Terminal

in Pivdennyi, Ukraine’s busiest Black Sea port. Designed to handle 5 million tons of grain a year, the terminal berth has a 16-meter water depth. Minority owner Andriy Stavnitser, of M.V. Cargo LLC, says Neptune is now the second business grain terminal on the Black Sea. Cargill said: “Neptune is meeting the growing demand for deep water port infrastructure in Ukraine by giving farmers access to new distant markets.”

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A record 10 Capesize vessels – the world’s largest dry bulk cargo vessels – docked last month at Pivdennyi,

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Underlining Ukraine’s role as a world food power,