On February 12, the European Bank for Reconstruction and Development (EBRD) announced that it would soon close a deal to sell Danube Logistics (operator of the Giurgiulesti International Free Port in Moldova) to the Romanian port of Constanta.
Gradually improving weather conditions in the Black and Mediterranean Seas , coupled with the approach of Ramadan, led to a slight increase in cargo traffic in both regions. Meanwhile, the number of available vessels has dropped by about 10% over the week
Dynamics of average mazut prices, $/tonne
LTG Cargo Polska (LTG Cargo, Lietuvos Geležinkeliai), together with its partners, transported special cargo – powerful generators and accessories – from Lithuania to Ukraine.
Interpipe announces that it has mastered the production of pump and compressor pipes with PTFE sealing rings, which allows the company to strengthen its position in the segment of high-tech products for the oil and gas industry.
Rental rates for gondola cars decreased slightly in February. Operators explain this by complicated traffic, long waiting time ahead of loading, as well as extremely low temperatures and power outages.
Gondola car rental rate index, €/day*
Gondola car price index, €/unit*
Seems like unfavourable weather conditions all across Europe remain the major supporter of freight levels in shortsea markets.
UZ Cargo Poland, Lisky CTS Branch, and East West Gate Terminal have dispatched a rolling highway freight train from Lviv (the Sknyliv–Lisky terminal) to Fényeslitke in Hungary. UZ Cargo Poland announced this on its Telegram.