Freight indices // Week 25
All hopes of owners and brokers working on the small-tonnage shipping market are connected with the upcoming start of the new grain season, as there is no sense to discuss the situation on the spot market
Waterborne shipments
UDP planning to receive financing from International Finance Corporation (IFC) to modernize its fleet
Ukrainian Danube Shipping Company plans to receive €86 million in financing from the International Finance Corporation (IFC) to modernize its fleet. This was announced by Dmytro Moskalenko, CEO of UDP, on his Facebook page.
MSC cancels first ship voyage at Odesa port scheduled for June
The container operator MSC canceled the first voyage planned to be taken to the Ukraine’s port of Odesa since the beginning of the full-scale war in the country.
Ferry service between Ukraine and Georgia to be resumed in July
According to the schedule for next month published on the website of Ukrferry shipping company, ferry service between the ports of Chornomorsk and Batumi (Georgia) will resume in July, after it was suspended in February 2022 following Russia’s full-scale invasion of Ukraine.
Bunker fuel prices // Week 25
Dynamics of average mazut prices, $/tonne
Maersk: Another container ship to operate between ports of Chornomorsk and Constanta
Maersk will operate another container vessel, the Commander, on the route between the ports of Chornomorsk (Ukraine) and Constanta (Romania). Thus, from now on, the line Chornomorsk – Constanta will be serviced by four vessels: Pros Hope, T Moon, T Mare and Commander.
Freight indices // Week 24
Despite the return of many players from Posidonia week, activity has not actually perked up on the small-tonnage market of the Black and Mediterranean Seas (apart from a barely noticeable increase in offer of Ukrainian barley and corn for late June dates).
Bunker fuel prices // Week 24
Dynamics of average mazut prices, $/tonne
Kernel Agro Holding receives a vessel with NPK fertilizers
Kernel Agricultural Holding announced that it has accepted the first vessel with products from OSP Group, a global manufacturer of NPK fertilizers, as part of the agreement. The shipment was made in cooperation with SanAgro Ukraine (Agrofertrans).
Port of Klaipeda cargo turnover in May 2024
The port of Klaipeda’s overall transshipment volume dropped by 242,000 t to 3.3 million t in May compared with April due to a 294,000 t slump in the cargo turnover to 2.4 million t at the Klaipeda State Seaport.