Bunker fuel prices // Week 32
Dynamics of average mazut prices, $/tonne
Waterborne shipments
Caspit Group acquires two dry bulk vessels for fertilizer transportation on the Danube
Caspit Trade (part of the Serbian Caspit Group), a fertilizer producer, has purchased two dry bulk carriers, CASPIT and Mark (with a total capacity of 2,800 tons), to transport fertilizers along the Danube. The company estimates the shipping time from Serbia to Ukraine at four to five days.
Freight indices // Week 31
The small-tonnage shipping market still sees virtually no encouraging news for ship owners, although we have already left behind a month of new grain season. Note that during 1.5 months, rates ex Ukrainian ports have grown – or rather pushed from the bottom – by $1-1.5/t on short-haul routes and by $2-2.5/t in long-haul…… Read more »
Bunker fuel prices // Week 31
Dynamics of average mazut prices, $/tonne
NIBULON extends cooperation with Romanian TTS to new grain season
Ukrainian company NIBULON and Romanian freight forwarder Transport Trade Services S.A. (TTS) have signed a contract to extend their two-year cooperation in the new grain season. The new agreement provides for the handling of 1.6 million tons of Ukrainian products. In previous years, TTS handled 3.5 million tons of grain from Mykolaiv-based company.
Moldova receives first batch of rails from Kazakhstan for railroad overhaul
On July 28, the Moldovan Railways (Calea Feratã din Moldova) received the first batch of P-65 rails from the Aktobe Rail and Section Works (Kazakhstan) as part of an agreement signed earlier this year. They will be used for the overhaul of railways in Moldova.
Freight indices // Week 30
Whereas new grain season is gaining pace, owners of small-tonnage vessels still hope for higher activity. However, the market sentiment is not improving so far.
60 million tons of cargo shipped from Greater Odesa ports via temporary corridor during 11 months
According to the USPA, over 11 months of operation of the Ukrainian Navy’s temporary corridor, more than 60 million tons of cargo, including 40.6 million tons of agricultural products, has been exported from the ports of Pivdennyi, Odesa, and Chornomorsk. Ukrainian products are currently being shipped to at least 46 countries.
Ventspils Freeport cargo turnover in June 2024
The cargo turnover dropped by 61,000 t to 434,000 t at the Ventspils Freeport in June compared with May. The decline was seen in literally all groups of cargo.
First joint caravan of NIBULON and UDP returned to Izmail
This week, the first joint barge caravan of NIBULON and Ukrainian Danube Shipping Company returned to the Izmail port. This was announced by UDP CEO Dmytro Moskalenko on his Facebook page.