The Italian national railway holding Ferrovie dello Stato and the shipping company MSC have signed a memorandum of understanding on the creation of new terminals, which, through more active and efficient cooperation, will expand the logistics network for the transportation of goods to/from the ports of Italy and Europe.
The cargo turnover plunged by 335,000 t to 797,000 t at the Ventspils Freeport in October, showing a 30% slump compared with September. In particular, transshipment of dry bulk cargo dropped by 365,000 t to 393,000 t.
On November 16, Akiem leasing company and Polish manufacturer Newag signed an agreement to supply 30 Dragon 2 electric locomotives (with an option for another 50 such locomotives). The total value of the order is €500 million.
From November 18 and until this decision is revoked, the convention will be in effect for transportation of all goods from Ukrainian railway stations through the Izov-Exp border crossing to Poland for the TransLogService Sp.z.o.o. consignee.
DTEK Energy has contracted additional 70,000 tonnes of thermal coal from Poland for the heating season. In total, for the period from September 2023 to March 2024, the volume of imported coal purchases has been increased to 280,000 t.
On November 14, 2023, the Cabinet of Ministers of Latvia decided to allocate €50,000 from the state budget to contribute to the Grain from Ukraine humanitarian aid program. This is Latvia’s second investment in this program – last year the country also financed assistance in the amount of €50,000.
LTG Cargo (Lietuvos Geležinkelių) is gradually expanding its operations and intends to purchase up to 500 new grain hoppers through public procurement.
The Ministry of Agriculture and Farmers’ Welfare of India has included Ukraine in the list of countries that do not treat grain crops with fumigants containing methyl bromide (CH3Br).
LTG Cargo Ukraine, a subsidiary of Lietuvos geležinkeliai (LTG Cargo), together with the Lithuanian company Tri Trans is organizing the transportation of 44 heavy containers of rapeseed oil from Yahodyn station (Ukraine) to the port of Klaipeda (Lithuania).
Market insiders explain the increase in gondola car rental rates in November by strengthened demand for such rolling stock from those who need to transport steel products to the ports of Greater Odesa.