The Black Sea , as well as the Mediterranean region, sees virtually no preconditions for higher activity and freight rates. Despite a slight increase in wheat demand in North Africa and the EU, the vast majority of shipments are being made by large-tonnage vessels.
The Ministry for Development of Communities and Territories of Ukraine, QTerminals Olvia LLC and Qatar’s QTerminals have signed a Memorandum of Cooperation and Understanding, which provides for the resumption of the concession project at the Olvia Specialized Seaport in Mykolaiv region.
The cargo turnover sagged by 2% or 81,000 t to 3.6 million t at the Klaipeda Port in July 2025. Transshipment by the Klaipeda State Seaport decreased by 183,000 t to 2.8 million t, while that by Butinge Terminal increased by 102,000 t to 888,000 t.
In July 2025, operators working at the Riga Freeport served a total of 1.2 million t of cargo, which is an increase of 76,000 t compared with June 2025. Note that the growth in the cargo turnover was recorded for the first time since March 2025, and all cargo groups.
In the first half of the year, grain transshipment in the port of Gdansk dropped by 26% compared to the same period last year, to 1.1 million tons. The main reason for this was a decrease in supplies and an almost complete halt in transshipment of Ukrainian grain.