"Port of Varna" EAD realizes record revenues for 2022. "Port of Varna" EAD realized record revenues for 2022, it is clear from the answers of the Ministry of Transport and Communications. "Pristanishte Varna" EAD, which operates the two port terminals - "Varna - East" and "Varna - West", has generated for last year BGN 73.09 million, according to the report. These preliminary annual results are a record for the state-owned company, the transport ministry emphasized. The expected profit for last year amounts to over BGN 9.1 million, according to MTS. 8.5 million tons of cargo passed through the company's terminals.
Source: 24 chasa (06.03.2023)

The permit for the pipeline in Lake Varna has been delayed for a year The issuance of a permit by the Ministry of Internal Affairs and Communications for the use of a surface water body was delayed for one year. The document, which is ready, is needed to complete the procedure of laying the pipeline under the bottom of Varna Lake in the part of the fairway. A market consultation is to be held to determine the estimated value of the public contract for construction and installation works, then the announcement and conduct of an open procedure under the Public Procurement Act for the selection of a CMR contractor, construction supervision and conclusion of contracts. Implementation of the CMP will then proceed if funds are secured. Since the pipeline is located at the bottom, the DPPI cannot complete the project "Design and deepening of channel ¹1 and channel 2, Port of Varna-engineering", in which deepening of channel 1 is carried out.
Source: 24 chasa (16.03.2023)

The ports in Varna and Burgas - alternatives to overland cargo traffic from Asia to Europe Bulgarian ports are an excellent alternative for the growing land traffic of goods from Asia to Europe, said the Deputy Prime Minister and Minister of Transport and Communications Hristo Alexiev at a meeting with a delegation of the Abu Dhabi Ports Group company. The cluster is exploring the possibilities of participation in the ports of Varna and Ruse, as well as in other transport objects and projects. The Middle Corridor project from Asia through the Bulgarian Black Sea ports is an excellent alternative to both the Northern Route through Russia and the Bosphorus. The ports in Varna and Burgas have enough free capacity, he added. The potential of the route will be enhanced after the implementation of a project that will provide rail connectivity between the ports in Northern Greece and the Bulgarian ports of Burgas, Varna and Ruse. Abu Dhabi Ports Group representatives were adamant that it is very important for them that logistics use the opportunities of intermodal transport. Abu Dhabi Ports Group operates 36 ports in Europe, Asia and Africa and has over 100 ships. It owns and operates in industrial zones with an area of 550,000 square km, which is four times more than the territory of Bulgaria. Their potential investment in Bulgaria would turn our country into a transport hub in the Balkans.
Source: National radio (16.05.2023)

Port of Varna is investing BGN 40 million to modernize its terminals over the next three years "Port of Varna" will invest BGN 40 million of its own funds for the modernization of its terminals over the next three years, announced the executive director of "Port of Varna" EAD Ivaylo Gavrailov. The investment will improve the material base in the "Varna - East" and "Varna - West" ports. In "Varna-Iztok" closed type warehouses - silos with appropriate lanes will be built to avoid dust and to be able to load ships in a modern way. For "Varna - West" port, the technological processes for processing grain will be changed. Five silos have been licensed for receiving cargo under customs control, which will allow receiving transit grain, the director of the port also said, expressing expectations that serious ship loading norms will be achieved.
Source: National radio (29.09.2023)

A new grain terminal is operational at the port of "Varna-zapad" A new grain terminal at the port of Varna is already in operation. The first stage of an investment of over 25 million euros has been completed. Through a new specialized processing system for grain at the port terminal "Varna-zapad" (about 30 km. west of the city of Varna), the first ship with wheat has already been processed. The system was put into operation as a result of an investment partnership between the companies "Port of Varna" EAD and "Grain Terminal Varna-zapad" AD. It represents a set of technological innovations and infrastructure solutions that are expected to improve the efficiency and competitiveness of both companies and of customers and traders from across the region. The newly introduced handling system enables loading rates of 450 tonnes per hour or around 10,000 tonnes per day at one operating point. The first stage of the investment involves upgrading the loading process by using a specialized grain loading machine "Ship loader", technological conveyor belts and aerial conveyors, combined with the newly built infrastructure for receiving, automatic sampling and storage of grain, thus providing optimal conditions for loading ships and processing grain with high productivity and accuracy through environmentally friendly technology. Within 12 months, it is expected that new complex technological equipment will be put into operation, which will allow a double increase in the loading rates of the specialized facilities, with the ship's loading rate reaching over 20,000 tons per day. The terminal's overall capabilities will allow the parallel specialized handling of several grain vessels to handle over 35,000 tons of total exports per day. To date, a storage capacity of 100,000 tons of grain has been built. After completion of the investment processes, it will be possible to process more than 2 million tons of grain per year at the Varna-West terminal alone.
Source: news.bg (10.10.2023)