Economy
Russia is increasing the shipment of weapons to a naval base in Syria
Twice as many Russian ships pass through the Strait of Gibraltar. Thus, weapons and military equipment are transported to the naval base in western Syria. The number of Russian warships passing through the Strait of Gibraltar doubled compared to the same period in 2023, writes Gospodarka Morska. The Spanish Ministry of Defense said that “several…
Kernel’s fleet currently carries about 10% of the company’s agricultural products
The agricultural company plans to continue to increase the volume of transshipment, invest in the fleet and work in the ports of Great Odesa. Kernel logistics director Mykola Miroshnychenko told about it. According to him, the fiscal year 2025 is the year of the farmer – it is Ukrainian agricultural producers who decide where and…
Viterra buys grain facilities and ship loader in Australia from Cargill
Viterra has entered into an agreement to purchase five warehousing and transfer yards and a mobile ship loader in South Australia and Western Victoria from Cargill. The five Cargill GrainFlow facilities are located in Maitland, Crystal Brook, Mullally, Pinnar and Dimbula. The mobile ship loader is located in Port Adelaide, writes APC-Inform. Financial terms of…
The active operation of Ukrainian ports normalized the flow of goods between Ukraine and the EU
Ukraine, the European Commission and neighboring countries – Poland, Slovakia, Hungary, Romania and Bulgaria – discussed the trade situation in the region. The meeting took place in Brussels within the framework of the 14th Meeting of the Joint Coordination Platform on the Export and Transit of Ukrainian Agricultural Products, said Trade Representative of Ukraine and…
The UDS appealed to the law enforcement officers because of possible abuses during modernization
Paroplavstvo handed over to law enforcement agencies materials related to the activities of contractors and the trade union “Justice”. The company discovered a violation during the modernization of equipment at the Kilia Ship Repair Plant, the UDS reported. According to the UDS report, during the inspection of the modernization contract, they discovered the fact of…
Freight rates from Danube ports have increased
Further growth in freight rates continues to restrain the availability of free tonnage in the ports of the Danube cluster. Freight rates from Ukrainian ports on the Danube to Italy increased by $2. This was facilitated by the increase in the rate of export of agricultural products, Spike Brokers reports. However, the available export volumes…
The EU will allocate 2.5 billion euros for the modernization of transport infrastructure
2.5 billion euros are planned to be allocated to the construction and modernization of transport infrastructure in EU countries and Ukraine and Moldova. A new stage of submitting applications for financing projects within the European Union’s Connecting Europe Facilities (CEF) program for transport has started, writes Rail.insider. It is assumed that the projects will contribute…
Sense Bank restructured Nibulon’s loan for more than $27 million
Sense Bank and agricultural holding Nibulon reached an agreement on the restructuring of the company’s loan portfolio. According to the terms of the contract, the loan term of $27.6 million is eight years, three of which are a grace period that will last until 2027, Nibulon reported. The repayment schedule, according to the terms, is…
USAID and FAO will provide Ukrainian farmers with sleeves for grain storage
The Food and Agriculture Organization of the United Nations (FAO) and USAID will provide farmers with sleeves for grain storage. FAO and the “Harvest” program of the United States Agency for International Development (USAID) together with Minagro have started registering applications for sleeves, the Donetsk Regional State Administration reported. The State Agrarian Register has begun…
AMCU fined the enterprise, which belongs to Kernel agricultural holding
The Antimonopoly Committee of Ukraine fined the companies that are part of the agricultural holdings “Kernel” and “Continental Farmers Group”. This is stated in the decision of the AMCU. AMCU fined “Poltava-Zerno” LLC, which is part of “Kernel-Trade” for UAH 170,000 , the reason being the violation of legislation on the protection of economic competition….
