The cargo flow has perked up slightly in the Black and Mediterranean Seas after January 15 amid brisker shipments of various cubic size agri products from Ukraine, as well as steel products from the EU countries and fertilizers from Egypt. However, this slight upturn in volumes is still insufficient to compensate for the growing…… Read more »
According to the Chairman of the Suez Canal Authority (SCA), Osama Rabia, the canal’s revenues for the period from January 1 to January 11, 2024, fell by 40% compared to the same period last year. The main reason was the tension in the Red Sea.
Dynamics of average mazut prices, $/tonne
Throughout 2024, a discount of 27% will be applied to the tariff for rail transportation of agricultural products in transit through Moldova. Such agreements were reached during a meeting of the Intergovernmental Ukrainian-Moldovan Mixed Commission on Trade and Economic Cooperation on September 29, 2023 in Odesa.
Gondola car rental rate index, €/day*
LDZ CARGO (a subsidiary of the Latvian railway concern Latvijas dzelzceļš) offers 108 railcars for rent, including 46 fitting platforms for large-tonnage containers (model 13-1223), 41 covered railcars (subject to withdrawal from the territory of Ukraine) and 21 transporter railcars (located in Ukraine, subject to repair by the lessee).
The small-tonnage freight market remains under pressure, which, however, is quite expected: in the last 10 years, ship owners managed to prevent the rate decline in January-February only in 2021. Despite the return of all players from holidays, the market activity remains low; this applies even to shipments of Ukrainian grain.
Gondola car rental rate index, €/day*
Dynamics of average mazut prices, $/tonne
Gondola car rental rate index, €/day*