During the year of operation of the Black Sea corridor, the port of Yuzhny in Ukraine handled 27.6 million tons of cargo, which is almost three times more than under the Grain Initiative. From September 2023 to August 2024, the port handled 11.7 million tons of agricultural cargo and 15.9 million tons of ore and metal products.
The Georgian Roads Department has announced an international tender for the construction of new roads that will connect Georgia with Armenia and Azerbaijan. The project will be financed by a €250 million loan from the European Investment Bank (EIB).
Container traffic at the Port of Hamburg remained stable in the first half of 2024, handling 3.8 million TEU, almost the same as last year. Despite economic challenges and tensions in the Red Sea region, container handling and overall port throughput demonstrated resilience.
In Almaty, a meeting was held between the Minister of Energy and Infrastructure of the Eurasian Economic Commission (EEC) Arzybek Kozhoshev and entrepreneurs from Kazakhstan and Kyrgyzstan, as well as representatives of government agencies and companies. The main focus was on transport and logistics issues related to the free movement of goods within the Eurasian Economic Union.
The volume of cargo and baggage transportation by sea and coastal transport in Kazakhstan for January-July 2024 reached 1.6 million tons, which is more than twice as much as the same period last year.
The DIGITPORTS project, implemented within the Interreg Italy-Croatia 2021-2027 program, aims to digitally transform the ports of the Adriatic Sea. The main objective of the project is to implement digital twin technology to improve safety and environmental friendliness of operations in the ports of the region.
The ferry terminal in Swinoeujscie, the only one in the country capable of handling rail ferries, has resumed operations in Poland. The terminal recently received a batch of wagons from the Swedish port of Ystad, which arrived on the ferry Polonia and were sent to the south of Poland for repairs.
As part of the implementation of the Address of the Head of State to the people of Kazakhstan “Economic Course of a Fair Kazakhstan”, the Government of Kazakhstan is actively working on a roadmap to eliminate bottlenecks and develop the Middle Corridor until 2027, covering Kazakhstan, Azerbaijan, Turkey and Georgia. The goal is to increase the capacity of the corridor to 10 million tons per year.
Danish logistics giant DSV A/S and a consortium of investment companies led by CVC Capital Partners Plc have submitted mandatory bids for logistics operator DB Schenker, each valued at around 14 billion euros.
Despite a slight decline in overall seaborne freight volumes at the beginning of 2024 due to the uncertain situation in the Middle East and slower economic growth, the Luka Koper Group’s first half-year report shows a successful result. Earnings before interest and taxes (EBIT) amounted to EUR 37.3 million, 26% above the target of EUR 7.7 million, despite a slight decline in revenue of EUR 1.6 million. The main reasons for the success were the reduction in operating expenses due to lower costs for energy, materials and maintenance services.
