According to the Government of Moldova, on July 11, the request of the state-owned company Compania Nationala Administratia Porturilor Maritime Constanta (Maritime Ports Administration), which plans to invest more than €24 million in the development of infrastructure of the international port of Giurgiulesti (Moldova), was reviewed and approved.
Although owners are increasingly getting bullish, the overall sentiment has barely improved on the seagoing short-sea market. The number of vessels available in the Black, Marmara and Mediterranean Seas has not decreased by the end of the week
According to COFCO International, the company has launched a new fleet of its own on the Danube River in Romania. It includes four towing vessels and 29 barges that can transport 1,000 tons of agricultural products, including corn, wheat and barley.
Dynamics of average mazut prices, $/tonne
The June cargo turnover at the Riga Freeport dropped to the lowest since January 2021. Thus, port operators processed almost 1.2 million t of cargo, down 119,000 t from May.
On July 7, 2025, Port Gdansk Eksploatacja S.A. (PGE), a member of the Port of Gdansk Authority SA Capital Group, signed an agreement with the contractor Premium Quality Care for the construction of a large warehouse on the Szczecin waterfront. This is the first stage of the large-scale Gdansk Agro Terminal (GAT) project, a…… Read more »
A total of 54.4 million t of grain and its processed products were exported from Ukraine in the marketing year 2024-25 (started July 1 and ended June 30), which is 19% below MY 2023-24. In particular, corn exports averaged some 21.2 million t (down 26% year-on-year)
The stevedoring companies operating in the Liepaja SEZ handled a total of 514,000 t of cargo in June, a 20% month-on-month or 129,000 t decrease from May.
In late June, Rail Baltic Estonia announced that it had signed a contract with the Estonian engineering company AllSpark OÜ to design a railway connection between the port of Muuga and the main line of Rail Baltica. The deal is worth almost €2.9 million.
The start of a new grain season has so far brought only more aggressive ideas from small-tonnage owners who are tired of waiting for rates to rise in the Black and Mediterranean Seas . In fact, however, few charterers are ready to accept higher freight rates.