A total of 54.4 million t of grain and its processed products were exported from Ukraine in the marketing year 2024-25 (started July 1 and ended June 30), which is 19% below MY 2023-24. In particular, corn exports averaged some 21.2 million t (down 26% year-on-year)
The gondola car market is dominated by a protracted lull in July: demand for such transportation remains low, the cargo offer is weak, while the surplus of wagons is steadily acute.
The stevedoring companies operating in the Liepaja SEZ handled a total of 514,000 t of cargo in June, a 20% month-on-month or 129,000 t decrease from May.
Gondola car rental rate index, €/day*
Gondola car price index, €/unit*
In late June, Rail Baltic Estonia announced that it had signed a contract with the Estonian engineering company AllSpark OÜ to design a railway connection between the port of Muuga and the main line of Rail Baltica. The deal is worth almost €2.9 million.
The start of a new grain season has so far brought only more aggressive ideas from small-tonnage owners who are tired of waiting for rates to rise in the Black and Mediterranean Seas . In fact, however, few charterers are ready to accept higher freight rates.
On July 3, the European Commission announced the allocation of €2.8 billion to finance 94 infrastructure projects under the Connecting Europe Facility (CEF) program through the 2024 call for proposals. The largest share of investments – about 77% of the total budget – will be directed to the development of railway infrastructure
Dynamics of average mazut prices, $/tonne
Gondola car price index, €/unit*