The Ukrainian Danube Shipping Company (UDP) set a record for the monthly volume of transportation of goods in July, when its vessels transported 270,000 tons of goods. The company’s head Dmytro Barinov announced this to the CFTS portal.
"I congratulate the entire UDP team on the record cargo transport volume that was set in July 2016! 270,000 tons! This has not happened since March 2010!!!" Barinov wrote on his Facebook page.
In comments to the CFTS portal, the head of UDP said that two types of cargoes – iron ore and grain – accounted for the increase in cargo transport volume. "We have joined the program for transportation of iron ore in Galati and the season of grain from Hungary and Serbia down to Constanta has finally begun," he said.
The UDP also said that the transport volume was distributed roughly equally between exports and transport between foreign ports. About 110,000 tons of grain cargoes and 90,000 tons of iron ore were transported. The company sets itself the goal to increase the cargo traffic to 300,000 tons per month.
As reported, the Ukrainian Danube Shipping Company’s vessels transported 2.6 million tons of cargo in 2015. The company reported a profit of UAH 23 million. This allowed it to pay its creditors.