Business news from Ukraine

METINVEST ATTRACTS SHIP OF TURKISH COMPANY TO CARRY METAL PRODUCTS FROM MARIUPOL TO ITALY

27 April , 2016  

KYIV. April 27 (Interfax-Ukraine) – The largest private Ukrainian mining and metal group Metinvest is developing a shipping line from Mariupol (Donetsk region) to Europe, expanding its fleet with a new ship of Handysize class from Turkey’s Canbaz Group.

The group said in a press release on Tuesday, Esra C bulker will supply metal products from Mariupol to Italian ports Marghera, Monfalcone and Ravenna.

The first cargo of 23,500 tonnes of slabs made by Azovstal was loaded on the ship with a carrying capacity of 30,000 tonnes on April 22, 2016.

The press service said that Metinvest launched shipping lines from Mariupol in late 2014. Now the group delivers cargos to Bulgaria, Turkey, Italy and Spain. The capacity of the lines in 2015 increased to 150,000 tonnes a month.

By the end of 2016 the Metinvest fleet will include 12 ships, three of which belong to Canbaz Group. The company seeks to ship its products to Northern Africa, Middle East and the United States.