In contrast to the large-tonnage shipping sector (which can definitely be called dynamic, although not hot), the small-tonnage seagoing market remains slow, with minimal rate fluctuations. Moreover, the number of 2-12k dwt vessels open in the Black , Marmara and Aegean Seas, as well as in the eastern Mediterranean has increased by almost 10%…… Read more »
Dynamics of average mazut prices, $/tonne
The cargo turnover did not change much in July 2025 at the Ventspils Freeport. In particular, the stevedoring companies altogether handled approximately 503,000 t of cargo, a minor 4% or 20,000 t increase from June 2025.
Despite all attempts, small-tonnage owners have not managed to achieve any noticeable rate upturn yet, unless we consider a $0.25-0.5/t correction in the Black Sea as such. The fact is that cargo offer remains frankly poor in the Black Sea and in all parts of the Mediterranean region.
Bilhorod-Dnistrovskyi Sea Trade Port and Batumi International Container Terminal LLC (BICT) have signed a memorandum of cooperation in the development of the Middle Corridor (or Trans-Caspian International Transport Route / TITR).
The Port of Gdańsk Authority has announced, with reference to the Minister of Infrastructure Piotr Malepszak, that a fourth railroad track is planned to be built, almost 9 km long, on the Pszczółki – Pruszcz Gdański line.
Dynamics of average mazut prices, $/tonne
The Gdansk Seaport Authority has announced a tender for the development of project documentation for the comprehensive reconstruction of the Obrońców Westerplatte Quay. This was reported by the information portal “Gospodarkamorska.pl”.
The transport and logistics company MALBI-trans (Czech Republic) and the Romanian state railway freight company Carpatica Feroviar (which was established after the bankruptcy of the state railway carrier CFR Marfă in 2024) have signed a cooperation agreement within the Middle Corridor.