UDS offered grain transportation services to Prozorro
“Ukrainian Danube Shipping” submitted grain transportation services to the electronic public procurement system Prozorro.
Most of the UDS fleet works under long-term contracts, but it is also partially present on the spot market, the company’s press service noted.
“Currently, there is turbulence on the spot. Terms and prices vary from shipowner to shipowner. UDS adheres to the principles of openness and transparency, therefore, under certain conditions, it uses Prozorro as a tool for determining the objective market freight rate. In a volatile market, this is an indicator for price formation,” the UDS added.
The company noted that each lot is a barge that is delivered to the port of Constanta as part of a caravan. In addition, the lots are formed in such a way as to increase the level of competition and provide access to freight to as many farmers as possible.
The not yet contracted freight for October is up for auction. Auctions are scheduled for August 18. You can find out more at the link.