marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Comvex's 2022 Profit More than Triples as Ukraine Cargo Rises

April 28, 2023

© ely2000 / Adobe Stock
© ely2000 / Adobe Stock

Romanian port operator Comvex said on Friday its net profit more than tripled to 104.36 million lei ($23.24 million) in 2022, as the Black Sea port of Constanta saw a rise in Ukrainian grain exports and other cargo.

Comvex, which is due to detail its rise in profit later on Friday, operates Europe's fastest-loading grain terminal.

In 2022 as a whole, exporters shipped 8.6 million tones of Ukrainian grain through Constanta, by train, truck and barges on the river Danube. The port, which has a storage capacity of around 2 millions tones, handled grain exports worth 24.01 million tonnes overall last year.


($1 = 4.4907 lei)

(Reuters - Reporting by Luiza Ilie; Editing by Jason Hovet)

Logistics News

Somali Pirates Hijack Iranian Dhow, Marking Fourth Off Somalia in 2026

Somali Pirates Hijack Iranian Dhow, Marking Fourth Off Somalia in 2026

One of Three Russian Tankers Remains On Course for the US

One of Three Russian Tankers Remains On Course for the US

Average Oil Exports From Iraq Rose in October

Average Oil Exports From Iraq Rose in October

Visible Crude Loadings Halt, Iran’s Empty Tankers Remain Idle Since September

Visible Crude Loadings Halt, Iran’s Empty Tankers Remain Idle Since September

Subscribe for Maritime Logistics Professional E‑News

Russia claims it has struck Ukrainian defence industry vessels and facilities
Pentagon: Boeing has won the contract for next-generation US Navy fighters.
US ends review of data privacy for US Airlines without Penalties