Business news from Ukraine

CARGO TRANSPORTATION ALONG DNIPRO RIVER 22.6% UP THIS YEAR

Cargo transportation along the Dnipro River in January-October 2019 increased by 22.6% compared to the same period a year earlier, to 9.655 million tonnes.
According to the Ukrainian Sea Ports Authority, the number of trips on the Dnipro River during this period decreased by 30.7%, to 9,972.
Transportation of metal products increased by 24.1%, to 1.374 million tonnes, grain doubled, to 3.916 million tonnes. At the same time, transportation of construction materials and other goods fell by 5.4%, to 4.328 million tonnes, petroleum products by 37.6%, to 37,400 tonnes.
As reported, in 2018 river transportation in Ukraine amounted to 16.5 million tonnes of cargo.
The volume of traffic along the Dnipro River last year increased by 22.4% compared to 2017 and amounted to about 9.9 million tonnes.
According to the Ministry of Infrastructure of Ukraine, for 2016-2018 the volume of grain transportation along the Dnipro River rose by 180%, construction materials by 130%.
In 2018, the volume of traffic by inland waterways increased by 112% compared to 2013-2015 and amounted to 9.9 million tonnes.

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STATE-RUN UKRENERGO AND GERMANY’S DENA TO INTEGRATE RENEWABLE ENERGY SOURCES INTO UKRAINE’S ENERGY SECTOR

Ukrenergo and the German energy agency DENA will analyze the technical and regulatory problems associated with the integration of fast growing capacities of renewable energy sources and will develop necessary recommendations. According to a press release from Ukrenergo, the main instruments for effective integration are systems for accurate forecasting of generation from renewable energy sources, a developed market for auxiliary services and interconnectors.
Ukrenergo notes that at present the united energy system of Ukraine can accept 4.75 GW of renewable energy capacities without negative consequences, while by the end of 2019 this figure will amount to 3.965 GW.
“A further increase in the share of renewable energy generation without the urgent legislative settlement of the issue of their work in the energy market and their controlled construction pose risks of the system imbalance. And first of all, the problem lies in a lack of responsibility of “green” generation for imbalances, which, in turn, does not stimulate manufacturers to accurate forecasting of production,” the company said.
The project “Transformation of the Energy System to Optimize the Integration of Renewable Energy in Ukraine” is funded by a grant from the German Federal Ministry for Economic Affairs and Energy and will last until March 2020.

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MYKOLAIV SEAPORT INCREASES TRANSSHIPMENT OF GOODS BY 20%

Mykolaiv seaport in January-October 2019 increased transshipment of goods by 20% compared to the same period in 2018, to 26.951 million tonnes.
According to the Ukrainian Sea Ports Authority, for the specified period the port increased transshipment of exported cargo by 27%, to 21.109 million tonnes, imported goods by 5.1%, to 5.003 million tonnes, cabotage goods by 0.2%, to 838,010 tonnes. Transshipment of transit cargo in January-October 2019 was not carried out.
In January-October, transshipment of liquid cargo in the seaport decreased by 6.3%, to 2.228 million tonnes, dry bulk cargo increased by 24.2%, to 22.044 million tonnes, and packaged goods by 15%, to 2.679 million tonnes.
As reported, Mykolaiv seaport in 2018 raised transshipment of goods by 24.09% compared to 2017, to 29.2 million tonnes.

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UKRAINIAN NATIONAL FOOTBALL TEAM BEATS ESTONIA

The Ukrainian national football team has defeated the Estonian team in a friendly match with a score of 1:0. The meeting took place in Zaporizhia on Thursday evening.
The only goal was scored by the Belgian Gent midfielder Roman Bezus in the last seconds of added time by a free kick and a rebound from ex-football player of the Lviv Carpathians Serhiy Zenev.

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PIVDENNY PORT SEES 28% RISE IN CARGO HANDLING

State-owned enterprise Pivdenny maritime merchandise port in January-October 2019 handled 43.852 million tonnes of cargo, which is 28.3% more than in January-October 2018.
According to information from the Ukrainian Sea Ports Authority, for the period the port increased transshipment of exported cargo by 35.7%, to 31.97 million tonnes, imported freight by 3%, to 6.036 million tonnes, transit by 26.3%, to 5.824 million tonnes.
In January-October, the seaport handled only 13.3% of the volume of coastal cargo compared to the same period in 2018, which amounted to 46,000 tonnes.
In January-September, the port raised transshipment of liquid cargo by 10.4%, to 3.673 million tonnes, dry bulk cargo by 35%, to 36.73 million tonnes, and reduced transshipment of packaged goods by 5.6%, to 3.447 million tonnes.
Container transshipment amounted to 169,420 TEU (an increase of 79.2% compared to the same period in 2018).
As reported, in 2018 the port increased transshipment of goods by 1.92% compared to 2017, to 42.702 million tonnes.
Pivdenny port was founded in 1978. It is located on the Adzhalyk firth and is the deepest harbor in Ukraine. The length of its berths is around 2.6 kilometers.

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UKRAINE CUTS IMPORTS OF ALUMINUM ORE

Ukraine in January-October of 2019 decreased imports of aluminum ore and concentrate (bauxites) in natural terms by 0.9% compared to the same period in 2018, to 4.039 million tonnes.
According to customs statistics released by the State Fiscal Service, during this period bauxite imports in monetary terms increased 10.5%, to $181.866 million.
Imports were mainly from Guinea (53.86% of deliveries in monetary terms), Guyana (39.55%), and Brazil (2.92%).
In January-October 2019, some 22 tonnes of bauxite were exported to Poland for $1,000, whereas in January-October 2018 some 45 tonnes of bauxite were re-exported to Poland for $5,000.
As reported, Ukraine in 2018 increased imports of aluminum ore and concentrate (bauxite) in natural terms by 4.6% compared with 2017, to 5.089 million tonnes. Imports of bauxite in monetary terms fell by 2.4%, to $207.222 million. Imports were mainly from Guinea (57.17% of deliveries in monetary terms), Guyana (36.63%), and Brazil (4.37%).
In 2018, some 45 tonnes of bauxite were also re-exported to Poland for $5,000, while in 2017 some 162 tonnes of bauxite worth $ 10,000 were re-exported.

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