Bunker fuel prices // Week 32
Dynamics of average mazut prices, $/tonne
Waterborne shipments
Freight indices // Week 31
This week has brought even less positive news and changes for owners of small-tonnage seagoing vessels than the previous one. Export pace from Black Sea ports has even inched down. Freight rates stay virtually unchanged, with only some minor upturn reported in rates ex Russian ports ($0.5-1/t up), which is related to the strengthening…… Read more »
Bunker fuel prices // Week 31
Dynamics of average mazut prices, $/tonne
Ukraine to import Azerbaijani gas via Trans-Balkan Corridor
According to the Ministry of Energy of Ukraine, the first test supply of natural gas from Azerbaijan using the Trans-Balkan gas transportation corridor is underway. The delivery is carried out via the Bulgaria – Romania – Ukraine route with the participation of Naftogaz of Ukraine and SOCAR Energy Ukraine
Gdynia port cargo turnover in 1H 2025
The total cargo turnover averaged some 13.1 million t at the port of Gdynia in January-June 2025 (down 4.8% year-on-year), of which 8.5 million t were general cargo (up 10% year-on-year), accounting for 65% of the overall cargo transshipment at the port.
CASPIT and NIBULON signed perpetual cooperation agreement
CASPIT Trade, a private trading company specializing in the sale of petrochemicals, electricity, fertilizers and grain worldwide, with representative offices in the UAE, Ukraine, Uzbekistan, Serbia, as well as numerous partner offices on all key export and import markets, has signed a perpetual contract with NIBULON.
Freight indices // Week 30
Small-tonnage cargo traffic remains slow in the Black and Mediterranean Seas. Despite more favorable conditions on the grain market (namely higher prices for wheat and barley, coupled with increased demand from North African buyers), the coaster sector shows virtually no avtivity upturn.
Bunker fuel prices // Week 30
Dynamics of average mazut prices, $/tonne
COFCO International completed modernization of its grain terminal in port of Constanta
The international agro-industrial company COFCO International announced the completion of the next stage of modernization of its grain terminal in the port of Constanta (Romania). In particular, the company has dredged the water area and strengthened the berth, which has enabled direct loading of Panamax vessels, significantly increasing the efficiency of logistics in the…… Read more »
New sanctions against Russia extended to 105 more shadow fleet vessels
On July 18, the EU Council adopted the new 18th package of sanctions against Russia, which covers the energy and port sectors.