Mariupol seaport (Donetsk region) increased handling of goods by 11.26%, to 5.881 million tonnes in January-October 2020 compared to the same period in 2019.
According to the website of the Ukrainian Sea Ports Authority (USPA), during this period the seaport increased handling of export cargo by 14.56%, to 4.965 million tonnes, and of coastal cargo by almost 70 times, to 384,600 tonnes, but reduced handling of imported cargo by 43.9%, to 631,310 tonnes. At the same time, the seaport did not handle transit cargo.
In terms of the cargo nomenclature, over the ten months the enterprise increased handling of bulk cargo by 3.91%, to 130,100 tonnes, and packaged goods by 25.86%, to 4.008 million tonnes, but reduced handling of dry bulk cargo by 11.81%, to 1.743 million tonnes.
During this period, no containers were transshipped in the seaport.
As reported, the volume of cargo handling at Mariupol seaport in 2019 increased by 10%, to 6.484 million tonnes compared to 2018.
Mariupol seaport is one of the largest ports in Ukraine. Its capacity allows transshipping over 17 million tonnes of cargo per year. The port is open year-round for vessels up to 240 meters in length and up to eight meters draft. Its territory is 73.2 ha, and the length of the berthing line is 4.2 km.
The Dobrobut medical network (Kyiv) has opened a dermatology and cosmetology center at the premises of one of the centers of the Doctor Sam medical network, which Dobrobut acquired at the end of May 2020.
Dobrobut told Interfax-Ukraine that the center of dermatology and cosmetology was opened on November 9. It will provide both consulting services for dermatologists and cosmetologists, and hardware diagnostics services.
Dobrobut did not announce the volume of investments in the opening of the center.
Earlier, the Dobrobut medical network announced plans to open a medical cosmetology center in the premises of one of the centers of the Doctor Sam network acquired by it in the Holosiyivsky district of Kyiv, which will develop the direction of cosmetology based on deep medical expertise.
The IMC agricultural holding posted a net profit of $33.17 million in January-September 2020, which is 1.8 times more than in the same period in 2019.
According to the company’s report on the website of the Warsaw Stock Exchange, IMC’s revenue for this period decreased 4%, to $113.84 million.
The holding’s gross profit in the first nine months of 2020 increased 47%, to $71.42 million, operating profit grew by 2.2 times, to $49.12 million.
The company’s EBITDA for the reporting period increased 1.6 times compared to January-September 2019 and amounted to $64.71 million.
As of September 30, 2020, the company’s noncurrent liabilities amounted to $100.06 million versus $108.95 million at the end of September last year, current liabilities stood at $68.85 million ($89.03 million).
After the reporting period, IMC repaid loans, borrowings and interest in the amount of $2.05 million and received loans and borrowings in the amount of $0.46 million.
According to the report, revenue from wheat sales for the reporting period increased 35%, to $17.19 million, from sunflower it grew by 121%, to $16.62 million, cattle – by 181%, to $0.3 million, revenue from the sale of corn fell by 17%, to $77.13 million, milk – by 9%, to $1 million, soybeans – by 80%, to $0.44 million.
IMC specializes in the cultivation of grain, oilseeds and milk production in Ukraine.
The Chinese company Sinohydro Corporation Limited intends to file a claim in international arbitration for the termination of the contract for the reconstruction of the bypass road around Zhytomyr by the State Agency of Automobile Roads of Ukraine (Ukravtodor).
According to the company’s statement, Sinohydro considers it unfair that Ukravtodor, having failed to effectively fulfill its contractual obligations, unilaterally decided to terminate the contract, while the Dispute Settlement Council (created under the contract together with Ukravtodor in May 2020) is still considering disputes surrounding this contract and has already ruled on some of them, allowing Sinohydro to renew the contract.
Sinohydro says the untimely transfer of a land plot for public use by Ukravtodor, the introduction of a number of design changes not provided for in the contract, failure to fulfill payment obligations, as well as force majeure in the form of the COVID-19 epidemic and many other factors influenced the project schedule and led to a violation of the terms of work.
“Since June 2020, facing an unfavorable situation caused by the fact that Ukravtodor did not complete the interim payment for construction work on time, and the continuing impact of the COVID-19 epidemic, Sinohydro has advanced over EUR 5 million to meet its contractual obligations and reduce the delay,” the company said.
It is emphasized that in comparison with other sections of roads under construction in Ukraine at the same time, this project is being implemented at a rather fast pace and is already nearing completion.
“Under the circumstances, the Dispute Settlement Council decided on the first contract dispute initiated by Sinohydro in September 2020. It agreed to extend the contractor’s deadline for construction work by 87 days. However, when the Council began considering at least four disputes over damages to Sinohydro, Ukravtodor unexpectedly announced the termination of the contract,” the report says.
NJSC Naftogaz Ukrainy, as the sole shareholder of JSC Ukrtransnafta, has allowed the company to conclude an agreement for the sale of 80,000 tons of Azeri Light oil (plus or minus 10%) to the subsidiary of the Belarusian Oil Company – BNK (UK) Limited (the United Kingdom).
The decision of Naftogaz made on October 21 was published on the Ukrtransnafta’s website.
Earlier, on August 17, Naftogaz agreed on the possibility of Ukrtransnafta selling a batch of 90,000 tonnes of oil (± 10%) on FOB terms at the port of Pivdenny.
In addition, by the decision of October 15, Naftogaz agreed on the possibility of Ukrtransnafta selling the second batch of Azeri Light oil of 90,000 tonnes (± 10%) on the basis of EXW delivery to the tank farm of the Kremenchuk linear production and dispatching station (LPDS). Thus, it can be assumed that the buyer of oil will supply it for the needs of the Kremenchuk Refinery (Ukrtatnafta).
National bank of Ukraine’s official rates as of 13/11/20
Source: National Bank of Ukraine
