Ukraine: GE signs memos of cooperation with Antonov State Enterprise and Ukrzaliznytsia

The U.S. General Electric Corporation on July 21, signed letters of cooperation with Ukraine’s Antonov State Enterprise and public joint-stock company Ukrzaliznytsia. “We sign two strategic and political documents on cooperation with GE at the Infrastructure Ministry. This decision is not accident: we were mulling the positions of all players on the global market for…

Russia: throughput of port Ust-Luga up in H1 2016

In January-June, the port of Ust-Luga handled 44,864,300 tons of cargo (up by 5% YoY), Baltic Sea Ports Administration said. Transshipment of dry bulk cargo climbed by 5% to 12,497,400 tons. Transshipment of general cargo fell by 12%, year-on-year, to 356,200 tons. Transshipment of cargoes carried by ferries totaled 749,000 tons (-24%). The port’s container…

Ukraine: Odessa-Brody pipeline oil transit tariffs cut

Ukraine’s Ministry of Infrastructure has approved a 75%-discount for the oil transiting tankers that enter the Yuzhne port, and for the Odessa-Brody oil pipeline. The decision creates favorable terms for oil transiting using the Odessa-Brody pipeline. “The Tariffs Committee of Ukraine’s Infrastructure Ministry granted Ukrtransnafta’s appeal to set the economically favorable tariffs for port duties…