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

EU Wheat Prices Rise After Another Black Sea Attack, Algerian tender

EU Wheat Prices Rise After Another Black Sea Attack, Algerian tender

Russia says it Hit Vessels Delivering Military Cargo to Ukraine

Russia says it Hit Vessels Delivering Military Cargo to Ukraine

OMS Group Celebrates Keel-Laying of CS Resilience

OMS Group Celebrates Keel-Laying of CS Resilience

Lloyd’s Register, Shell, GTT to Develop Hybrid-Electric LNG Carrier

Lloyd’s Register, Shell, GTT to Develop Hybrid-Electric LNG Carrier

Subscribe for Maritime Logistics Professional E‑News

Canada fast tracks oil pipeline to diversify economy and divert away from US
Maguire: The cement boom in Africa signals the next big shift in global energy usage.
Israel's Netanyahu: Flydubai co-pilot underwent radical Islamist endoctrination