Economy
TEU freight turnover in the second quarter exceeded the historical maximum
The world cargo turnover of containers reached a historical maximum in the II quarter of 2024 – 46.4 million TEU. The profit of international container lines for the same period exceeded 10 billion dollars, writes Bloomberg. For example, container carriers increased their profits thanks to the growth of cargo volumes and a jump in freight…
Quotations of grain legumes on the Chicago Stock Exchange are growing
Uncertainty about crop forecasts and active demand from American consumers support the high level of prices. Quotations of wheat on the Chicago Stock Exchange continued to grow as of September 3. This was reported by ASAP Agri analysts. The December wheat contract rose by 5.6 USD/t to 208.2 USD/t. The price increase was influenced by…
Rational grain: how minimum export prices will affect the market
After the beginning of the full-scale Russian invasion, agricultural products became the main export flow of Ukraine. Because of the blocked ports, we had no opportunity to export metal products and ore, which are usually transported by sea. After the signing of the Grain Agreement, Ukraine got the opportunity to export only grain products by…
Ukraine and Estonia will mutually recognize sailors’ diplomas
Representatives of Ukraine and Estonia signed an interdepartmental agreement on mutual recognition of seafarers’ qualification documents. Ukraine and Estonia signed the Memorandum on mutual recognition of specialist certificates and diplomas of seafarers. This was announced by the head of the Shipping Administration, Yevhenii Ignatenko. The interdepartmental agreement provides an opportunity to receive confirmation of the…
Ministry of Agrarian Policy agreed with the business on the maximum volumes of grain exports
In particular, the maximum export volume of wheat and meslin in the current season was agreed at the level of 16.2 million tons. The Ministry of Agrarian Policy and agricultural market participants signed an addendum to the memorandum of understanding, which agreed on the maximum grain export volume in 2024/25. Forbes writes about it. Thus,…
For the first time, Ukrainian “Interpipe” chartered a vessel for operations in the Black Sea
For the first time in its history, the Ukrainian industrial group “Interpipe” began to operate a vessel that it took on a “time charter”. Oleksiy Yanovskyi, the director of procurement and logistics of the company, told about this in a comment to TTS. According to him, the company is currently not considering the possibility of…
Seaports of Ukraine processed almost 67 million tons of cargo
Since the beginning of the year, Ukrainian seaports have handled almost 67 million tons of cargo. More than 50% of them are products of the agro-industrial complex. For eight months of the year, cargo turnover of Ukrainian ports amounted to almost 67 million tons, USPA reported. According to operational data of the state-owned enterprise, from…
UDS spoke about key tasks in conditions of low freight rates
“Ukrainian Danube Shipping” is forced to work in conditions of low freight rates and limited volume of cargo. Low freight rates and a limited cargo base are realities in which UDS will operate for a long time. This was stated by the CEO of “UDS” Dmytro Moskalenko. Despite this, the state-owned enterprise has key tasks…
Prospects of the container market of Ukraine: what was discussed at the Expert Talks forum by EBA and GOL
USM publishes insights from the discussion “Expert Talks: Results, pitfalls and new horizons of container traffic”, organized by the EBA Transport Working Group and Global Ocean Link.
In Ukraine, farmers will receive 100% compensation for land demining
The Cabinet of Ministers increased the amount of compensation for farmers who plan to clear land from 80% to 100%.
