Bunker fuel prices // Week 40
Dynamics of average mazut prices, $/tonne
Waterborne shipments
Poland to build grain port in Gdansk to export Ukrainian agricultural products
Poland’s Minister of Agriculture and Rural Development Robert Telus said that the country will build the first grain port in Gdansk, which will be used, in particular, to service grain transit from Ukraine.
Port of Klaipeda cargo turnover in September
The cargo turnover increased by 118,000 t to 3.6 million t in the Port of Klaipeda in September. The Klaipeda State Seaport transshipped 2.8 million t of cargo in the period under review (up 172,000 t from August)
Two more vessels leave ports of Greater Odesa
On October 8, two more bulk carriers used the temporary corridor of the Ukrainian Navy. In particular, the vessels Forza Doria (32.8k dwt, flying the flag of Barbados) and New Legacy (28.7k dwt, flying the flag of Belize) departed from the ports of Greater Odesa.
Greece offers its ports as export corridor for Ukrainian grain
Greece is proposing to use its ports in the Aegean Sea as a corridor for Ukrainian grain exports. In particular, this plan envisages transportation of products by rail through Romania and Bulgaria to ports in Thessaloniki and Alexandroupolis.
Transshipment of goods down 11% yoy at port of Klaipeda in Jan-Aug 2023
According to data of the port of Klaipeda, the total transshipment of all groups of goods dropped by 11% year-on-year to 21.26 million tonnes in January – August 2023 compared with the same period of 2022.
Freight indices // Week 39
The freight rate uptrend continues on the small-tonnage markets of Black and Baltic Seas despite the absence of any clear factors. Many players refer the growth in the Black Sea to longer queues in Sulina and Bystroe given the closure of both channels since September 25 due to weather
Bulgaria going to ban imports of sunflower seeds from Ukraine till the end of November, but will continue using Russian oil in 2024
Minister of Agrarian Policy and Food of Ukraine Mykola Solskyi held a regular online meeting with Minister of Agriculture and Food of Bulgaria Kirill Vatiev to discuss grain exports.
Moldovan government plans large-scale modernization of Giurgiulesti port by 2028
The Moldovan government is planning a large-scale modernization of the state-owned port of Giurgiulesti, which will significantly increase the transshipment of agricultural products. The reconstruction of the port is planned to be completed by 2028.
Ports of Szczecin and Świnoujście (Poland): expansion of LNG terminal, adaptation of ferry terminal for intermodal transportation and other projects
On September 19, a press conference was held at the Port of Szczecin, during which Krzysztof Urbas, President of the Szczecin and Swinoujscie Seaports Authority, spoke about the company’s development plans.