Bunker fuel prices // Week 12
Dynamics of average mazut prices, $/tonne
Waterborne shipments
Riga Freeport stepping up transshipment of metallurgical products
The Riga Freeport stepped up transshipment of mining and metallurgical products by 150% year-on-year to 178,800 t in the period from January 1 to February 29, 2024. In particular, handling of scrap, metals, and ferroalloys rocketed by 2.5 times to 147,500 t, while that of finished steel products surged by 2.6 times to 31,300…… Read more »
UDP offers comprehensive logistics service for cargo transportation to European river ports
PJSC Ukrainian Danube Shipping Company (UDP) has announced that it will provide a comprehensive cargo transportation service at a single tariff. Previously, the company focused on river transportation, with transshipment, delivery to the port and other components handled by the cargo owner
Freight indices // Week 11
The Black Sea and Adriatic markets remain the most depressed in the small-tonnage segment: the already low activity has decreased slightly further this week. The fact that downtime in Bosporus reached 3-4 days in the last couple of weeks due to adverse weather had almost no impact on the vessel list in the Marmara…… Read more »
Bunker fuel prices // Week 11
Dynamics of average mazut prices, $/tonne
Kernel starts cooperation with Israeli fertilizer producer
Ihor Stelmashchuk, Deputy Director of Agribusiness for Commercial Activities at Kernel, and Artem Rosliakov, Head of Marketing and Sales in Eastern Europe at ICL Group, have signed a memorandum of cooperation between the companies.
Up to 30 mmt of goods moved from Greater Odesa ports through temporary corridor
Since 8 August 2023, when the Navy of the Ukrainian Armed Forces launched a temporary corridor for vessels heading to/from the Ukraine’s Black Sea ports, a total of 1,005 vessels have sailed along this route.
Liepaja SEZ cargo turnover in February 2024
The stevedoring companies of the Liepaja SEZ all together handled about 624,000 t of various types of cargo in February (down 10% month-on-month or 69,000 t from January).
Riga Freeport cargo turnover in February 2024
The Riga Freeport announced a 299,000 t slump in the February transshipment to 1.4 million t compared with January.
Port of Klaipeda cargo turnover in February 2024
The cargo turnover dropped by 876,000 t to 3.2 million t at the port of Klaipeda in February. In particular, the Klaipeda State Seaport reported a decrease of 500,000 t to 2.6 million t in the overall transshipment volume in February compared with January, while the handling volume sagged by 376,000 t to 590,000…… Read more »