World Grain - November 2022 - 10

NEWS REVIEW
Vadatursky replaces late
father as CEO of Nibulon
Vadatursky
MYKOLAIV, UKRAINE - Nibulon announced
on Oct. 17 that Andriy Vadatursky
has succeeded his late father, Oleksiy
Vadatursky, as chief executive officer of
Nibulon, one of Ukraine's largest agricultural
companies.
Oleksiy Vadatursky, the longtime owner
and CEO of Nibulon, was killed on July
31 in his home during a bombing of Mykolaiv, a city in the
country's southern region, by Russian forces. His wife, Raisa
Vadatursky, who was with him in their home, also was killed.
Oleksiy Vadatursky, who also was vice president of the
Ukrainian Grain Association, was recognized as a Hero of
Ukraine, the highest honor a citizen of the country can receive.
In a message posted on the company's website, Andriy
Vadatursky said the death of his father had seriously disrupted
the company's operations and core tasks.
" Our production, logistics and exporting capabilities have
all been affected, " he said. " Twenty percent of the company's
Mawani invests $171 million in Jeddah Islamic Port
JEDDAH, SAUDI ARABIA - The Saudi Ports Authority
(Mawani) has awarded a pair of contracts worth $171 million
to deepen and build new berths at Jeddah Islamic Port as
it strives to develop the seaport and Saudi Arabia as a major
global maritime logistics hub.
The contract with Modern Building Leaders (MBL), in association
with Huta Hegerfeld Saudia Ltd., will deepen harbor
approach channels, turning basins, waterways and the South
Terminal basin. These upgrades will enable the arrival of
Jim Doyle named president of King Milling
LOWELL, MICHIGAN, US - Jim Doyle has been named
president of King Milling Co. He succeeds Brian Doyle, who has
been president of the company since 1995.
Brian Doyle, who turned 65 earlier this year, will become
chairman of King Milling. Brian Doyle also very recently was
elected chairman of the North American Millers' Association.
In other promotions announced by King Milling, Patrick Doyle
assets are under occupation in the southern and eastern regions
of Ukraine, and our export volumes have dropped sharply
compared to previous years. "
Andriy Vadatursky said he and other company leaders are
finding solutions to the many challenges facing Nibulon.
" I am pleased to say we have completed the first phase
of construction of Nibulon's newest terminal in Izmail in
Odesa Region, a project started by my late father, " he said.
" This will help us alleviate some of the disruption to our established
export routes. Ukraine's Minister of Infrastructure
referred specifically to the new river port facility at Izmail
at the Ukraine Recovery Conference held in Lugano in July.
The European Union has emphasized the importance of creating
new logistics routes of this kind between Ukraine and
EU markets pending the restoration of Ukraine's access to
Black Sea routes. "
Andriy Vadatursky said the company's cash flow was stable
thanks to the support and flexibility of the company's partners
during this time of transition.
vessels that hold a capacity up to 24,000, 20-foot-equivalent
units (TEUs) and are expected to enhance the port's competitiveness
while attracting new global shipping lines.
The contract with PC Marine Services, new berths (#26 to #31)
measuring 16 meters deep and 1,100 meters long will be built at
the multi-cargo terminals to receive large bulk grain carriers, accommodate
larger vessels to cover the local market demand, secure
the countries strategic grain reserves through higher imports,
and boost overall food security through Jeddah Islamic Port.
has been named executive vice president of the company and
Regan Doyle has been promoted to vice president of operations.
Both Jim Doyle and Brian Doyle are fourth-generation members
of the Doyle family involved in King Milling and are grandsons
of William Doyle, who led the business in the 1940s. Jim
Doyle is a past president of the International Association of
Operative Millers.
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November 2022 / World Grain / www.World-Grain.com

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World Grain - November 2022

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