Coal market // Week 28
Coal prices have fallen sharply on the West European market. Trade is slack, consumption is also low.
Grain and vegetable oil exports from some Ukrainian ports // Week 28
Alpha Trains and Siemens Mobility sign 15-year maintenance agreement for Vectron locomotives
Alpha Trains, a rolling stock leasing operator, and Siemens Mobility, a German company, have signed a long-term agreement for the full maintenance of Vectron locomotives for 15 years.
UDP to ship European agricultural products
The Ukrainian Danube Shipping Company is currently discussing the scope, terms and other conditions of cooperation with European cargo owners on the transportation of agricultural products via the Danube to Constanta.
Akiem leasing company orders 100 Traxx Universal freight locomotives from Alstom
Akiem leasing company has signed an agreement with Alstom to supply 100 Traxx Universal multi-system electric locomotives (MS3) worth €500 million. 65 locomotives are to be delivered as part of the first batch of the order.
Sanctions: AB Lifosa, Russian EuroChem’s subsidiary in Lithuania, may be shut down completely
The owners of EuroChem Group AG have announced the possibility of forced mothballing of the Lithuanian fertilizer plant Lifosa (Kėdainiai) starting in October this year due to the impact of sanctions* that limit profitable activities.
Italy: Lugo Terminal steps up frequency of trains on Parma – Giovinazzo route and offers new opportunities
Starting July 10, the Italian company Lugo Terminal will increase the frequency of trains on the route Parma (north of the country) – Giovinazzo (southeast coast) from three to five times a week in both directions.
Moldova applies 0.66 reduction factor to grain transit rates
In accordance with CFM Decision No. 6 of July 7 this year, from July 15 to December 31, discounts for the transit of grain, ore, metallurgical products in the amount of 34% (factor 0.66) and oil cargoes – 39% (factor 0.61) will be applied for the transportation of minimum established volumes in the following… Read more »
Capacity expansion at Baltic Rail Gate intermodal terminal (Germany)
Lübecker Hafen-Gesellschaft (LHG) will increase the length of each of the six tracks at the Baltic Rail Gate intermodal terminal (Lübeck-Travemünde) from 600 m to 750 m (which corresponds to the standard length of trains in Europe), which will reduce shunting time and increase the handling of semi-trailers from 140,000 to 240,000 per year.
Belgian company Jan de Nul N.V. wins tender for dredging of Klaipeda port water area
The Klaipeda State Seaport Authority has announced a tender for the port’s water area cleaning, which resulted in the signing of a three-year contract with the Belgian company Jan de Nul N.V. The total investment amount is €4.9 million.