May cargo turnover of the port of Klaipeda exceeded the April figure by 5% month-on-moth or 188,000 t and reached almost 4 million t. The Klaipeda State Seaport stepped up transshipment by 115,000 t to 3.2 million t, while the cargo turnover at the Butinge terminal increased by 73,000 t to 772,000 t.
The joint infrastructure project of Naftoport and the Gdansk Seaport Authority has received an official construction permit – the relevant decision was approved by the Pomeranian Voivodeship on May 29, 2025.
The small-tonnage shipping market is still waiting for the new grain season. The vast majority of operators are only thinking about how to minimise losses and hold out until the market picture normalizes.
Dynamics of average mazut prices, $/tonne
The small-tonnage shipping market is still looking extremely weak and depressed virtually in all freight sections. At the same time, freight rates hold steady in the Black, Azov and Mediterranean Seas as they simply have nowhere to fall.
Bilhorod-Dnistrovskyi Seaport and APM Terminals Poti (a division of Maersk), which owns the Poti seaport (Georgia), have signed a memorandum of cooperation within the Trans-Caspian International Transport Route (TITR, or the Middle Corridor). This was announced by the port’s CEO Oksana Kiktenko.
Dynamics of average mazut prices, $/tonne
The small-tonnage market never ceases to amaze players with negative developments. “When it seemed that the bottom had already been reached, we heard a knock from below,” a local broker laconically commented on the situation in the Azov and Black Seas .
The April cargo turnover of the Ventspils Free Port reached a record level compare with the other months of 2025. In particular, the port operators processed approximately 925,000 t of cargo, which is 57,000 t more than in March.
Dynamics of average mazut prices, $/tonne