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Black Sea ports see cargo volumes rise

More cargo passed through several container terminals in the Black Sea region this year, with countries such as Romania, Ukraine, Russia and Bulgaria witnessing a significant increase. In total, TEUs handled by port authorities in Ukraine, Romania, Russia and Bulgaria, excluding transshipments, amounted to more than 1.4 million units (1,472,826) in the first half of […]

Top transporter paves way for new route

Sea- and ocean-cargo transport company Maersk is ready to lead the way into the future, with an experimental new route that offers an alternative. For all transporters going through the Suez Canal, Maersk is working to create a new navigable route through the Arctic Ocean, a harsh and inhospitable place for around 9 months out […]

New funds for Bulgarian port build

The European Investment Bank (EIB) recently approved a loan for a new port facility, located in the Black Sea nation of Bulgaria. The Agria Group Holding benefited from a 14 million EUR investment, courtesy of EIB, in order to finance its port facility build, destined for storage, handling and export of agricultural products. The new […]

Big money for Montenegro businesses

Two major financial European institutions have agreed to aid the country of Montenegro, in order to finance some of its plans for better businesses. Specifically, the European Investment Fund (EIF) and Erste Bank Podgorica have signed their first agreement (known as the InnovFin SME Guarantee Facility agreement), to support innovative small- and medium-sized enterprises (SMEs). […]

First intermodal train connecting Romania to Poland

GOPET Trans has launched a new intermodal railway train service, able to transport cargo across multiple Eastern European states. The new train, set to run once per week in each direction, departs from the Oradea Terminal (Romania), going through Hungary, Slovakia, the Czech Republic and Poland, all the way to the Spedcont Container Terminal in the Polish […]