On Sunday, April 7, at night in most of the northern, central and southern regions of Ukraine are expected small, in Kirovograd, Odessa and Mykolayiv regions moderate rains, according to Ukrhydrometcenter.
In the rest of the territory, in the afternoon in Ukraine without significant precipitation.
The wind is predominantly north-westerly, 5-10 m/s.
The temperature at night 4-9° of heat, during the day 14-19°, in Transcarpathia up to 23°.
In Kiev, light rain at night, without significant precipitation during the day. The wind is northwest, 5-10 m/s. The temperature at night is 7-9° of heat, during the day 16-18°.
According to the Central Geophysical Observatory named after Boris Sreznevsky. Borys Sreznevsky, the highest temperature during the day on April 7 in Kiev was recorded in 1975, it was 26.5 °, the lowest at night – 5.8 ° frost in 1929.
On Monday, April 8, in Ukraine without precipitation, wind of variable directions, 3-8 m/s.
The temperature at night 5-10° warm, during the day 17-22°.
In Kiev without precipitation, wind of variable directions, 3-5 m/s. The temperature at night is 8-10° of heat, during the day 20-22°.
2022-2024 goods trade balance forecast (USD bln)
Source: Open4Business.com.ua and experts.news
Since August 2023, the sea corridor created by the Ukrainian Navy has exported almost 36 million tons of cargo, said Oleksandr Kubrakov, Vice Prime Minister for Reconstruction of Ukraine, Minister of Community Development, Territories and Infrastructure (Ministry of Reconstruction).
“More than 36 million tons of cargo have been exported via the Ukrainian sea corridor since August 2023. This is higher than the figures of the Grain Initiative for the year of its existence,” Kubrakov wrote on Facebook on Saturday.
According to him, 195.7 thousand tons were loaded on the largest of those that called after the full-scale invasion of Ukrainian ports, the Panamanian-flagged CAPTAIN LEONIDAS at Pivdennyi port. The vessel is 300 meters long, 50 meters wide, and has a deadweight of over 203 thousand tons.
Since August 2023, 1,286,000 vessels have sailed through the Ukrainian sea corridor, exporting 25 million tons of agricultural products to Asia, Africa, and Europe. There are 135 vessels waiting to enter the Black Sea ports, which are expected to export another 4 million tons of cargo.
“The Ministry’s team is working hard to ensure the stable movement of exports by sea and reach the targets by 2022,” Kubrakov wrote, emphasizing that the Ukrainian corridor is an effective logistics route, the rhythmic operation of which is the result of joint efforts of the state, the Joint Defense Forces and the entire maritime infrastructure team.
Earlier it was reported that exports via the Ukrainian sea corridor reached 33.8 million tons in 7 months.
Ukrzaliznytsia JSC (UZ) plans to increase passenger traffic by 10% to 27.5 million passengers in 2024, according to a presentation made by the company’s CEO Yevhen Lyaschenko during a chat with journalists on Thursday.
At the same time, revenue from passenger transportation is expected to grow to UAH 10.6 billion in 2024, up from UAH 9.3 billion last year and UAH 5.3 billion a year earlier.
The growth in passenger traffic is driven by the launch of trains on international routes, according to a presentation by Ukrzaliznytsia. In particular, revenues from international passenger transportation amounted to UAH 2.6 billion in 2023, compared to UAH 1 billion in 2022. In fact, 2.1 million passengers were transported, compared to 1.1 million in 2022 and 0.04 million in 2021. In 2024, UZ expects to carry 2.3 million passengers, generating UAH 3.5 billion in revenue.
“International transportation, unlike domestic transportation, is profitable. We break even only on the Lviv-Rava-Ruska-Warsaw route (operated by the Polish company SKPL, which receives payment from UZ for services – IF-U),” Lyashchenko said.
In 2024, UZ also expects to increase domestic transportation to 25.2 million passengers, up from 22.8 million last year. Revenue from their transportation is expected to increase from UAH 6.7 billion in 2023 to UAH 7.2 billion.
The company reminded that in 2023, 15 new passenger trains were appointed, increasing the number of domestic routes to 66. In addition, three new international routes were launched: Vienna-Budapest-Chop, Lviv-Rava-Ruska-Warsaw, and Chop-Prague (operated by the Czech railway operator RegioJet – IF-U). The number of international routes in 2023 reached 25.
UZ plans to overhaul 63 passenger cars in 2024, which will increase the capacity of the passenger service. Also, the overhaul of the laundry in Kyiv, which will improve the quality of washing and the volume of laundry processing.
The seat availability monitoring feature, which is currently being tested in the UZ app, will be launched in full. The company also plans to integrate online scoreboards with a GPS system, refine loyalty programs, and update the classification of cars depending on their brand, which will make it easier for passengers to find the right category for them depending on the range of services.
“Kernel, one of Ukraine’s largest agricultural groups, has purchased a third vessel for grain exports with a carrying capacity of more than 50,000 tons, the agricultural holding’s press service reports on Facebook.
“We have purchased a new vessel Rotterdam Pearl V, capable of exporting more than 50 thousand tons of grain. Now our fleet already includes three vessels that can export about 100 thousand tons of grain and 20 thousand tons of sunflower oil per month,” the statement said.
The company added that it continues to invest in expanding maritime logistics capabilities for the Ukrainian agricultural industry.
“Our own fleet has been providing Ukrainian exports to the Mediterranean and North-East Atlantic countries for more than a year and allows us to manage costs along the entire logistics chain. The development of our own shipping, in particular, does not force us to fix tonnage from the market, which is unprofitable during the period of inflated freight rates during martial law,” the statement said.
Before the war, Kernel Agro Holding was the world’s leading producer of sunflower oil (about 7% of global production) and its exports (about 12%). It is one of the largest producers and sellers of bottled oil in Ukraine. In addition, it is engaged in the cultivation and sale of agricultural products.
Kernel’s net profit for FY2023 amounted to $299 million, while the company ended the previous year with a net loss of $41 million. The agricultural holding’s revenue for FY2023 decreased by 35% to $3.455 billion, but EBITDA increased 2.5 times to $544 million.
The volume of shares outstanding globally is shrinking at the fastest pace in 25 years as the number of offerings falls due to economic and geopolitical uncertainty while companies continue to buy back significant amounts of their securities, writes the Financial Times.
Net volume of publicly traded shares has already fallen by $120 billion this year, compared with $40 billion for the full year 2023, according to JPMorgan. The decline marks the third consecutive year of decline, which hasn’t happened since the settlement began in 1999.
According to the bank, the scale of buyback programs this year is comparable to their volumes in the previous three years. By December, according to forecasts, the total amount of buybacks could reach $1.2 trillion.
At the same time, expectations for IPOs and other equity offerings have not yet been met, the article notes.
The two trends reflect “ongoing uncertainty” among companies around the world, said Nikolaos Panigirtzoglou of JPMorgan.
Stock offerings were previously expected to increase this year as investors became more confident that the U.S. (the world’s largest stock market) could avoid an economic recession. But lingering fears that inflation could accelerate again due to strong economic growth mean that “it hasn’t really happened,” Panigirtzoglu said. “It shows that some people don’t think the worst is behind them,” he added.
Last November, analysts at JPMorgan predicted the stock market would grow by $360 billion in 2024 thanks to IPOs of new companies and buyback reductions.
Since 2000, the number of listed companies in the US has fallen from more than 7,000 to less than 4,000, according to index provider Wilshire. A similar trend has been seen in Europe and the UK.
