Bunker fuel prices // Week 44
Dynamics of average mazut prices, $/tonne
Waterborne shipments
Port of Constanta: Anchorage for roadstead transshipment to start operating in November
The first anchorage for the transshipment of Ukrainian agricultural products at roadstead should start operating in the Romanian port of Constanta in November. This was announced by the President of the Ukrainian Grain Association (UGA) Mykola Gorbachev.
Cargo turnover in eastern Baltic Sea ports: Transshipment down 11% yoy in Klaipeda port
The cargo turnover dropped by by 11% year-on-year to 24.1 million t in the port of Klaipeda in the period from January 1 to September 30. The plunge is due to sanctions and reduced transshipment of mineral fertilizers.
Bunker fuel prices // Week 43
Dynamics of average mazut prices, $/tonne
Freight indices // Week 43
Despite the fact that the period of late October-early November is traditionally the start of the hottest season on the small-tonnage shipping market, no improvements for ship owners can be mentioned so far.
Kernel purchases two vessels for transportation of agri products
In the financial year 2023 (July 2022 to June 2023), the agro-industrial company Kernel bought two vessels for the transportation of goods. From now on, the holding owns and operates the bulk carrier Aeneid (with a capacity of 44,000 t of grain cargo) and the tanker Mavka (12,500 t of sunflower oil).
Actual situation: Navigation in Sulina and Bystre Canals
As of November 1, there were about 50 vessels in the Sulina and Bystre Canals, including 40 vessels in Izmail (five more are due to leave on November 1) and five in Reni.
Ukrainian Danube Shipping Company to step up capacity for simultaneous loading of two barges and to build new logistics complex
Ukrainian Danube Shipping Company has modernized grain transshipment and is preparing a project for another logistics complex. The company announced this on its Facebook page.
Nine vessels left Greater Odesa ports, seven entered for loading
On October 28, four bulk carriers used the temporary corridor of the Ukrainian Navy. In particular, the vessels Akson Sara (33k dwt, flying the flag of Panama), Izabella M (79.2k dwt, flying the flag of Liberia), True Harmony (28.5k dwt, flying the flag of Barbados) and Lolo Gate
Freight indices // Week 42
The negative sentiment that has been dominating the small-tonnage market of the Black and Mediterranean Seas in the last few weeks has only strengthened. This is primarily caused by a noticeable decline in cargo traffic from the Danube ports as a result of reorientation of many exporters to shipments from deep-water ports