The cargo turnover did not change much in July 2025 at the Ventspils Freeport. In particular, the stevedoring companies altogether handled approximately 503,000 t of cargo, a minor 4% or 20,000 t increase from June 2025.
Despite all attempts, small-tonnage owners have not managed to achieve any noticeable rate upturn yet, unless we consider a $0.25-0.5/t correction in the Black Sea as such. The fact is that cargo offer remains frankly poor in the Black Sea and in all parts of the Mediterranean region.
Bilhorod-Dnistrovskyi Sea Trade Port and Batumi International Container Terminal LLC (BICT) have signed a memorandum of cooperation in the development of the Middle Corridor (or Trans-Caspian International Transport Route / TITR).
The Port of Gdańsk Authority has announced, with reference to the Minister of Infrastructure Piotr Malepszak, that a fourth railroad track is planned to be built, almost 9 km long, on the Pszczółki – Pruszcz Gdański line.
Dynamics of average mazut prices, $/tonne
At an extraordinary general meeting held on August 6 in Baku, the railway companies of Azerbaijan, Kazakhstan and Georgia agreed to have China Railway Container Transport Co., Ltd (CRCT, a subsidiary of China Railways) join the Middle Corridor Multimodal Ltd joint venture, the sole operator of the Middle Corridor.
The Gdansk Seaport Authority has announced a tender for the development of project documentation for the comprehensive reconstruction of the Obrońców Westerplatte Quay. This was reported by the information portal “Gospodarkamorska.pl”.
The transport and logistics company MALBI-trans (Czech Republic) and the Romanian state railway freight company Carpatica Feroviar (which was established after the bankruptcy of the state railway carrier CFR Marfă in 2024) have signed a cooperation agreement within the Middle Corridor.
Starting from September this year, LTG Cargo Ukraine (a subsidiary of LTG Cargo, part of LTG Group) will change its business model and focus on leasing rolling stock and locomotives. Previously, the company mainly provided freight forwarding services.