Waterborne shipments
Coal and coke transshipment in some Baltic Sea ports in December, thousand tonnes
Freight indices // Week 3
The cargo flow has perked up slightly in the Black and Mediterranean Seas after January 15 amid brisker shipments of various cubic size agri products from Ukraine, as well as steel products from the EU countries and fertilizers from Egypt. However, this slight upturn in volumes is still insufficient to compensate for the growing…… Read more »
Suez Canal’s revenues down significantly in early January due to sharpening situation in Red Sea
According to the Chairman of the Suez Canal Authority (SCA), Osama Rabia, the canal’s revenues for the period from January 1 to January 11, 2024, fell by 40% compared to the same period last year. The main reason was the tension in the Red Sea.
Bunker fuel prices // Week 3
Dynamics of average mazut prices, $/tonne
Liepaja SEZ cargo turnover in December
The cargo turnover increased by 124,000 t to 714,000 t in the Liepaja FEZ in December compared with November.
Brief review of operation of Danube ports
Ukrainian Danube ports handled 29.4 million t of cargo from January 1 till November 30, 2023, which is almost six times higher than in the pre-war period, that is before the full-scale invasion of Ukraine.
Riga Freeport cargo turnover in December
Cargo turnover increased by 444,000 t to 1.8 million t at the Freeport of Riga in December compared with November. This is mainly due to improved handling of dry bulk cargo (up 244,000 t to 977,000 t) and general cargo (up 207,000 t to 757,000 t).
Handling of grain wagons at Ukraine’s sea ports
About 8,200 wagons with grain were found waiting for unloading at Ukrainian sea ports on January 11, 2024. Taking into account that approximately 1,200 wagons per day are accepted at the stations
KN: company’s strategic changes
Since January 10, the international operator of energy terminals SC Klaipėdos nafta has been operating under the new legal name SC KN Energies, which reflects strategic changes in the company (the long-term strategy was approved in the summer of 2023) and focus on international markets.