Another Player: OTEKO's Terminal in Taman Port Starts Transshipment of Iron Ore Raw Materials

3.5 Million Tons of Ore Planned for Transport by Year-End

OTEKO's terminal in the port of Taman has started transshipping iron ore raw materials (JRS). Previously, only the port of Novorossiysk was engaged in this in the Azov-Black Sea basin, now another transshipment point has been added to it. Over the past few weeks, 600 thousand tons of ore have already been shipped from the port of Taman, and 3.5 million tons are planned to be transported by the end of the year.

The first vessel with iron ore raw materials — Panamax (with a carrying capacity of 60–80 thousand tons) — departed from Taman on July 28. In early August, shipment followed on a Capesize vessel (160–210 thousand tons). The main export destination was China, where there is a high demand for iron ore. The terminal in Taman previously worked mainly with coal, sulfur and fertilizers, but has now added iron ore. In the near future, the port will begin loading even more different goods, including mineral fertilizers for Asian countries.

In 2024, Russian ports transported 26% more iron ore than the year before. Supplies through the ports of the Baltic Sea and the Black Sea have especially increased. The railway also increased the transportation of ore for export — by almost 20% in the first seven months of 2025. Currently, China, Turkey, the Middle East and North Africa are actively buying ore from Russia. Prices for it are rising: in July, a ton of ore in Chinese ports cost about 102 dollars.

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