PJSC Ukrainian Danube Shipping Company (UDP) has announced that it will provide a comprehensive cargo transportation service at a single tariff. Previously, the company focused on river transportation, with transshipment, delivery to the port and other components handled by the cargo owner
The Black Sea and Adriatic markets remain the most depressed in the small-tonnage segment: the already low activity has decreased slightly further this week. The fact that downtime in Bosporus reached 3-4 days in the last couple of weeks due to adverse weather had almost no impact on the vessel list in the Marmara…… Read more »
Dynamics of average mazut prices, $/tonne
Ihor Stelmashchuk, Deputy Director of Agribusiness for Commercial Activities at Kernel, and Artem Rosliakov, Head of Marketing and Sales in Eastern Europe at ICL Group, have signed a memorandum of cooperation between the companies.
Since 8 August 2023, when the Navy of the Ukrainian Armed Forces launched a temporary corridor for vessels heading to/from the Ukraine’s Black Sea ports, a total of 1,005 vessels have sailed along this route.
The stevedoring companies of the Liepaja SEZ all together handled about 624,000 t of various types of cargo in February (down 10% month-on-month or 69,000 t from January).
The Riga Freeport announced a 299,000 t slump in the February transshipment to 1.4 million t compared with January.
The cargo turnover dropped by 876,000 t to 3.2 million t at the port of Klaipeda in February. In particular, the Klaipeda State Seaport reported a decrease of 500,000 t to 2.6 million t in the overall transshipment volume in February compared with January, while the handling volume sagged by 376,000 t to 590,000…… Read more »
Owners of small-tonnage vessels are still struggling from shortage of spot cargo offers, which has even sharpened somewhat this week both in the Black and Mediterranean Seas. However, the depressed sentiment was quite expected given the start of Ramadan in Muslim countries as well as the ongoing decline in export quotes for most of…… Read more »
Dynamics of average mazut prices, $/tonne