Grain market. Russia // Week 51
Russian grain suppliers have raised quotes amid a successful tender in Egypt. Thus, GASC has purchased 480,000 t of wheat at $284.9-287.4/t. The grain is only of Russian origin.
Grain market. South America // Week 51
Export quotes for Brazilian corn are stable. On the one hand, concerns about future production prospects and abundant global supplies are weighing on prices.
Grain market. USA // Week 51
U.S. wheat prices are under pressure from abundant global supplies and high competition, while support comes from tender activity. Corn prices have declined due to improved weather conditions in South America.
Grain market. EU countries // Week 51
Mixed price trend is reported on the EU grain export market, although quotes have been mainly growing, supported by a sharp rise in the euro exchange rate and large tenders from key buyers.
Grain market. Ukraine // Week 51
The pace of export trade is gradually decreasing on the Ukrainian grain market, although quotes have grown this week. Only corn is being traded at the moment. Offers are coming at $227-230/t C&F Spain and $227/t C&F Egypt.
Stadler’s EURO9000 locomotive receives approval for operation in the Netherlands and Belgium
Stadler’s EURO9000 locomotive has received approval for operation in the Netherlands and Belgium. This type of traction is currently authorized for use in Germany, Austria and Switzerland. It is expected that a license for operation in Italy will be granted in 2024.
Swedish Green Cargo and Euromaint signed five-year agreement for maintenance of Rc/Rd locomotives
The Swedish companies Green Cargo and Euromaint have decided to continue and expand their cooperation – CEOs Henrik Dahlin (Green Cargo) and Gorka Tamayo (Euromaint) have signed a renewed five-year contract for the maintenance of more than 300 Green Cargo Rc/Rd locomotives.
Contargo becomes a co-shareholder in the Dutch railway operator DistriRail
Contargo, an international logistics services provider, is joining the management of the railway operator DistriRail by acquiring a one-third stake in the company.
Discounts on tariffs for transit transportation through Moldova extended for another year
According to the information provided by Valerii Tkachov, Deputy Director of the Commercial Department of JSC Ukrzaliznytsia, during a meeting with carriers from Romania and Moldova on December 19, the system of discounts on tariffs
Alstom to modernize Romania’s Caransebes – Lugoj railway line with new ERTMS signaling system
Alstom has been awarded a contract to modernize the Caransebes – Lugoj railway line in Romania, including the introduction of a new signaling and electrification system ERTMS level 2.