Economy

Another auction for the sale of the Bilhorod-Dnister port was cancelled

The State Property Fund ordered to cancel the auctions for the sale of the Bilhorod-Dnister Sea Trade Port. This was reported on the port’s Facebook page. “On September 24, 2024, a hybrid Dutch auction was to take place. According to the order of the regional branch of the State Property Fund of Ukraine dated September…

24.09.2024 - 12:00
Oschadbank refinances Nibulon’s investments for more than $20 million

Oschadbank on Nibulon agreed on new credit agreements to replenish the circulation of money for investments of the agricultural holding. It is about working capital with which the bank refinances the volume of investments made by the company for a total amount of $20.3 million, Nibulon reported. On September 17, the parties signed the first…

23.09.2024 - 14:48
The first modernized UDS ship is preparing to go to Izmail

The motor ship “Captain Antipov” successfully completed sea trials after modernization at the Austrian ÖSWAG shipyard. “The modernized vessel is being prepared for shipment from Linz, Austria to Izmail! This is the first major modernization in the history of Ukrainian Danube shipping. For more than 30 years, the company used the river fleet built during…

23.09.2024 - 11:46
Ukraine will play a decisive role in the Trans-Caspian route if it launches ferries to Georgia

After the restoration of the ferry connection with Georgia, Ukraine will play a decisive role in the development of the Trans-Caspian route. This was stated by the Ambassador of Ukraine to Azerbaijan Yuriy Gusev during the Black-Caspian Freight Forum 2024, Rail.insider reports. According to him, the restoration of the ferry connection with Georgia will give Ukraine…

20.09.2024 - 15:12
Ukraine can halve corn exports

Despite the interest in Ukrainian corn in the world, its export may decrease due to limited supply from farmers. So, the demand for the new crop of corn from Ukraine has increased sharply. Importers have become more active, but the offer from farmers remains limited, the All-Ukrainian Agrarian Council reported. Agricultural holdings sell the most corn….

20.09.2024 - 14:27
The volume of unloading of grain trucks increased in the ports of Great Odesa

At the same time, the increase in the volume of unloading in the ports is somewhat restrained by increased precipitation and frequent air alarms. The average daily unloading of grain in the ports of Great Odesa increased to 964 wagons. Rail.insider writes about this with reference to the meeting of “Ukrzaliznytsia” with representatives of the agricultural…

20.09.2024 - 13:04
Despite the crisis, UDS is gradually resuming profitable activities

The UDS team held a meeting with the Minister of Infrastructure regarding the Danube river transport market. The results of work over the past two years were discussed with the new head of the Ministry of Infrastructure, Oleksiy Kuleba, the Ukrainian Danube Shipping Company reported. Also, the focus remains on the Danube river transportation market. “The…

20.09.2024 - 10:11
Ukraine exports almost all ilmenite to the USA and Mexico

Ukraine exports almost all ilmenite to the United States and Mexico for the global giant Chemours. From Ukraine, 90% of ilmenite is sent to the USA and Mexico, where its final consumer is the Chemours giant, Yehor Perelyhin, head of the board of the OGHC, told LIGA in an interview. According to him, since the beginning of…

19.09.2024 - 15:13
Україна та Румунія дійшли згоди щодо каналу «Дунай — Чорне море»
The UDS said that the new harvest did not restore exports across the Danube

Statistics of the Danube Commission indicate a steady decline in cargo handling by Danube ports. This was stated by the Deputy Director of Economics and Finance of “Ukrainian Danube Shipping” Vladyslav Bielakh in an interview with Latifundist. According to him, the river transportation market is in a deep crisis. The main problem is freight rates,…

19.09.2024 - 14:35
The Russian bulk carrier again loaded stolen grain in Sevastopol

The offending vessel received a cargo of wheat stolen from Ukrainian farmers in the temporarily occupied Sevastopol. The Russian bulk carrier San Severus (IMO: 9385233) was loaded with stolen wheat at the Avlita grain terminal in Sevastopol from September 13 to 17. This was reported by SeaKrime project journalist Kateryna Yaresko. This time, the occupiers…

19.09.2024 - 13:08