Shipping company MSC will acquire 50% of the Spanish national rail freight operator Renfe Mercancías. The transaction will be carried out with the participation of MSC’s logistics department Medlog and the railway operator Medway.
Prices for imported iron ore have dropped again in China amid falling futures and increased iron ore production by local enterprises. The price cuts spurred interest in imported raw material, so the number of fresh contracts increased.
Similar to several consecutive weeks, the West European market for imported thermal coal continues showing moderate activity amid rising prices. At the same time, demand for Kazakh high-calorie coal is growing in Poland.
Rail Cargo Hungaria has announced the completion of repair work on the railway in Serbia, which affected the transportation of ore from the Eperjeske station. Given the accumulation of cargo, the carrier has found an additional route to deliver iron ore through Croatia.
About 683,000 tonnes of grain were exported from Ukraine by railways during the period started September 1 and ended September 20 compared with 876,000 t during the entire August. Almost 519,000 t of grain were exported through the western land border crossing points in September 1-20
Approximately 9,500 wagons with various goods were found waiting for a transfer through Ukraine’s western land border crossing points on September 20 compared with 8,800 wagons in late August.
At a meeting held by Ukrzaliznytsia with Hungarian carriers, a representative of Rail Cargo Hungaria said that after the successful processing of grain transshipment for transportation to Italy, he expects an increase in the number of train departures in this direction.
At a meeting between Ukrzaliznytsia and Hungarian operators, RCH (Rail Cargo Hungaria) announced that on September 26 the first test train was sent on the Kyiv-Vienna route.
Starting from September 26, one of the carriers (RCX) is prohibited from transporting all cargoes from Ukrainian railway stations to the Torokbalint Depo station in Hungary for all consignees.
From September 27 and until this decision is canceled, a convention will be in effect that will restrict transportation of all goods to Izmail and Izmail-Exp stations (Odesa Railways) for such consignees as Sof Marine LLC, Valetta PE, Priority-B LLC, Favorit Izmail Bud LLC, and Izmail Sea Commercial Port SE (for Sof Marine LLC).