Unfavorable conditions seen on the commodity grain market, namely the ongoing decline in CIF quotes amid high domestic prices in Ukraine and EU countries, are putting strong pressure on the small-tonnage freight market of the Black and Mediterranean Seas.
The cargo turnover dropped to 3.9 million t at the port of Klaipeda in October, showing a 349,000 t decrease compared with September due to poorer performance both at the Klaipeda State Seaport (down 255,000 t to 3.3 million t) and the Butinge terminal (down 93,000 t to 594,000 t).
Dynamics of average mazut prices, $/tonne
Market participants say that rental rates of gondola cars have changed somewhat in November, but the decrease has mostly slowed down compared with the previous month.
As part of a partnership project with OKKO, Agrotrade has successfully shipped 24,400 tons of rapeseed from Odesa to Ghent (Belgium). Half of the batch, about 12,000 tons, is the grain grown on the fields of Agrotrade Group this year, while the rest belongs to partners.
Liepaja SEZ announced that the October cargo turnover reached the highest result compared with any other month this year. Thus, port operators handled 706,000 t of cargo, up 42% or 209,000 t vs. September.
Gondola car rental rate index, €/day*
NIBULON has built a gallery at its transshipment terminal in Mykolaiv for receiving cargoes from water transport. As a result, the company’s largest grain hub can now work not only to unload grains and oilseeds from rail to water transport, but also vice versa.
A total of 50,000 tons of ballast gravel from Sweden have been unloaded at the Klaipeda DMP. This is the first shipment under the contract for 86,200 tons; some 36,200 more tons are to be shipped to Lithuania in November.
From August 15 and until this decision is canceled, the carrier CFR Marfa will be banned from transporting cargoes of any nomenclature on a 1520 mm gauge from the stations of Ukraine and Moldova via the Reni-Exp border crossing (CFR) to Galati Bazin and Galati Marfuri stations in Romania for the Intermodal Terminal consignee.