Ukraine. Bunge started transporting vegetable oil by the Dnipro River

In May 2019, Bunge Ukraine Company launched transportation of vegetable oil by the river.

This step is aimed at diversifying the risk of a delay in goods delivery to the port by partially switching freight traffic (including liquid bulk goods) from rail to river transport. Other goals include reducing logistics costs and delivery time.

Roughly 11 KMT was transshipped by this method in May. By the end of the year, Bunge Ukraine is planning to reach a capacity of 20-25 KMT a month with loading at a few points on the river.

Next season, the company is going to begin additional offshore loading of large-capacity tankers, reports UkrAgroConsult.

Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators – the 7th International Conference “Black Sea Oil Trade-2019” in Hilton, Kyiv, Ukraine.

‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegoils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.

UkrAgroConsult