As Ukrainian media outlets said with a reference to the grain trader’s press service, a grain transshipment contract between Nibulon, one of Ukraine’s largest grain market operators, and Romania’s Transport Trade Services (TTS) has been extended for a new season.
According to the press service, the two years of productive cooperation between the two companies were logically continued by this decision. 3.5 million tonnes of Nibulon’s cargo were transshipped by TTS during this time. Transshipment of 1.6 million tonnes of grain is already envisaged by the new contract in this season.
Food-grade wheat is transported by the CNFR NAVROM SA company from Izmail, Odessa region to Romania’s Constanta at present. 63,000 tonnes of cargo were also transshipped on the Wadi Tiba bulk carrier using a crane vessel and the delivery and loading of 30,000 tonnes of rapeseed on the Amalia vessel were ensured by TTS Operator S.R.L. They expect the third vessel to arrive this week and 32,500 tonnes of Ukrainian feed wheat to be loaded on it.
Nibulon Logistics Director Sergei Kalkutin said that an effective partnership with the TTS company has been established in the past two years. The process has been optimized and delivery expenses have been reduced due to the implementation of a complex solution with a consistent and steady cargo flow, which makes competition with the Greater Odessa ports possible. It is also important to maintain the shipment volumes they have already reached. A declining cost of freight rates from the Ukrainian ports on the Black Sea makes the logistics chain of Danube-Constanta shipments become $10 more expensive compared to the Greater Odessa ports. Because of this, finding opportunities to organize a steadier shipment flow and minimize expenses on all stages of our logistic chain to Constanta is important.
Established in 1991, Nibulon owned 27 transshipment terminals and complexes for receiving crops with combined storage capacity of 2.25 million tonnes, a fleet of 83 vessels, including 23 tugboats, and the Nikolayev Shipyard before the start of the crisis.
82,000 hectares of land in 12 regions of Ukraine were cultivated by Nibulon and agricultural products were exported to over 70 countries. 5.64 million tonnes in 2021, including 700,000 tonnes in August, 1.88 million tonnes in the second quarter, and 3.71 million tonnes in the second half of the year was the peak of the company’s exports of agricultural products.
Now Nibulon’s headquarters have been moved from Nikolayev to Kiev and the company operates at 32% of capacity.
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.
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