Bunker fuel prices // Week 37
NIBULON ships second batch of Ukrainian wheat to Egypt under agreement with GASC
NIBULON has shipped the second 63,000 t consignment of Ukrainian wheat to Egypt under the agreement with GASC.
Government of Moldova approves draft Agreement on reconstruction of railway corridor
On September 11, the Government of Moldova approved the draft Investment Grant Agreement between the Republic of Moldova and the European Investment Bank “Moldova Solidarity Lanes” for the reconstruction of the north-central railway corridor Velchinets – Ocnita – Balti – Ungheni – Chisinau – Cainari by Decision No. 629.
Freight indices // Week 36
This week has finally brought at least some positive features to the small-tonnage shipping market. In a different situation, market participants would hardly pay serious attention to these improvements (5-7 fresh requests – even in one direction – are usually not supernatural for the peak of the grain season).
Bunker fuel prices // Week 36
Dynamics of average mazut prices, $/tonne
Leasing company Alpha Trains expands its locomotive fleet
Alpha Trains, the largest private rolling stock lessor in continental Europe, and Siemens Mobility have signed a framework agreement for the supply of 70 Vectron locomotives, including an initial order for 35 units. The leasing company is expected to receive the first batch of Vectron locomotives at the end of 2026.
KN Energies and ORLEN extend agreement for use of LNG transshipment station in Klaipeda
International energy terminal operator KN Energies has extended for another five years the strategic partnership agreement with Polish energy company ORLEN on the use of the Klaipeda liquefied natural gas (LNG) transshipment station.
TEUS purchases ten grain hoppers
TEUS, a freight forwarding company, has purchased 10 grain hoppers with a loan from Raiffeisen Bank. The fleet was repainted by Novotrain LLC.
Freight rolling stock rental rates in Ukraine in September 2024
Rental rates for gondola cars dropped sharply in September 2024. According to market participants, one of the main reasons for a decrease is Russian troops attacking Pokrovsk – owners and operators of rolling stock are removing the empty wagons which were previously carrying clay from the local stations of Merzalove and Druzhkivka