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Top related persons:
Viorel Panait - 2 Panait - 2 Luiza Ilie - 2 George Calin - 1 Gabriel Techera - 1 Sharon Singleton - 1 TTS - 1 Izmail - 1
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Constanta Romania Romanian Ukraine Russia Ukrainian Vadul Siret Rights BUCHAREST
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Decirom S.A - 2 Constanta Port Business Association - 2 Thomson - 2 REUTERS - 1 Rights - 1 Union - 1 NATO - 1 Moldovan - 1

Search resuls for: "Decirom S.A"


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☆ Romanian port operators racing to boost grain operating capacity
  + stars: | 2023-09-20 | by ( Luiza Ilie | Thomson Reuters | Bucharest-Based General News Reporter Covering A Wide Range Of Romanian Topics Elections | ) www.reuters.com   time to read: +3 min
The Romanian government has said it aims to double the monthly transit capacity for Ukrainian grain through its Constanta port to four million metric tons in the coming months from virtually zero before the Russian war started. In August, roughly 2.7 million tons of Ukrainian grain passed through Constanta, Comvex manager Viorel Panait said in an interview with Reuters. Port operator SOCEP S.A. (SOCP.BX) said it had paid 10 million euros for new equipment at its grain terminal silo and ship loader. "I would say more than half of the port's 13 grain operators are already authorized or in the process of being so." A government source told Reuters Constanta now had a logistics capacity of 40 million tons of grains per year, sharply higher than its annual record high 25 million tons set in 2021.
Persons: George Calin, Viorel Panait, Panait, Gabriel Techera, Luiza Ilie, Sharon Singleton Organizations: REUTERS, Rights, Reuters, Union, NATO, Moldovan, Decirom S.A, SOCEP S.A, Constanta Port Business Association, Thomson Locations: Constanta, Romania, Rights BUCHAREST, Romanian, Black, Ukraine, Moscow, Ukraine's, Russia, Ukrainian, Vadul Siret, Dornesti, Reuters Constanta
☆ Exclusive: Romanian port can ship more Ukraine grain after collapse of Black Sea deal
  + stars: | 2023-07-21 | by ( Luiza Ilie | Thomson Reuters | Bucharest-Based General News Reporter Covering A Wide Range Of Romanian Topics Elections | ) www.reuters.com   time to read: +4 min
By comparison, Romanian port operators handled 8.6 million tonnes of Ukrainian grain in the whole of 2022. At its peak so far, Constanta handled 25 million tonnes of grain per year, which Panait said will be exceeded in 2023. "There is an accelerated course and everyone on it, the state, the port authority, port operators aim to boost operating and transit speeds, and the grain quantities," he said. Freight logistics group TTS (TTS.BX), which handles agricultural products, minerals and chemicals on the Danube river, completed the takeover of Constanta port solid bulk cargo operator Decirom S.A. earlier this month. It is one of five eastern EU countries that experienced an influx of Ukrainian grain as a result of Russia's invasion, leading the EU to approve temporary restrictions that meant grain could only transit through the countries.
Persons: Viorel Panait, Panait, TTS, Izmail, Luiza Ilie, Barbara Lewis Organizations: Monday, Constanta Port Authority, Reuters, Constanta Port Business Association, Freight, Decirom S.A, EU, Thomson Locations: BUCHAREST, Romania's Constanta, Russia, Constanta, Hungary, Serbia, Romanian, Romania, Ukraine, Reni, Ukrainian, Vadul Siret
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