Investment potential of the new storing capacities with possibility of water transport handling is estimated at $250 million. This is what the director of Hermes-Trading Yuri Skichko believes. According to him, total handling capacities may reach 5-7 MMT by 2019/2020. Additional storing facilities for river logistics can reach 2.8 MMT, including the new ones –…
In January-August the foreign trade deficit in goods in Ukraine totaled $1.465 billion against $548.5 million of the proficit in the same period last year, the State Statistics Service of Ukraine reported. In particular, in January-August the exports of commodities from Ukraine totaled $22.719 billion, down by 9% YoY. The import volumes of goods to…
Since October 2015, National energy company Ukrenergo has saved 5.3 billion UAH during procurement, acting director of Ukrenergo Vsevolod Kovalchuk said. “We have saved 5.3 billion UAH on procurement during a year of my work”, he said, adding that over 3 billion UAH was saved at tenders held at the end of September. The top…
On October 10-16, Ukraine exported 506 thousand tons of grains from the seaports against 545.9 thousand tons on the previous week. In particular, wheat shipments reached 244.1 thousand tons, barley – 135.4 thousand tons, and corn – 126.5 thousand tons. (APK-Inform/Business World Magazine)
TAP will be able to proceed with the replanting of the olive trees along the route in Italy, starting from the micro tunneling area, from November, Lisa Givert, TAP Head of Communications, reported. She was commenting on protests in Italy’s Puglia region demanding the pipeline re-routed away from the prized grove, which included olive trees…
When the Russian wheat aphid first arrived in Australia in May, Australia’s grain industry went into a panic because the insect was potentially devastating for cereal crops. But no one could have predicted the record rainfall that hit parts of South-Eastern Australia, which has virtually wiped out the exotic pest. South Australian Government principal entomologist…
Azerbaijan’s oil supply is anticipated to average 0.87 million barrels per day, unchanged from the previous report, indicating minor growth of 10,000 barrels in 2016, OPEC said in its monthly oil market report. Azerbaijan’s crude oil output in August decreased by 30,000 barrels per day to average 0.86 million barrels per day, said the report.…