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

QatarEnergy to Ship LNG Cargo to Orlen Next Month

QatarEnergy to Ship LNG Cargo to Orlen Next Month

Mammoet, Port of Argentia Plan Floating Dry Dock, Marine Repair Facility

Mammoet, Port of Argentia Plan Floating Dry Dock, Marine Repair Facility

Port Innovation Congress Draws Record Attendees to Valencia

Port Innovation Congress Draws Record Attendees to Valencia

HD Hyundai, Kiewit Team Up to Build New US Shipyard

HD Hyundai, Kiewit Team Up to Build New US Shipyard

Subscribe for Maritime Logistics Professional E‑News

Zimbabwean businessman Chivayo who was close to the ruling elite killed in helicopter crash
US ends review of data privacy for US Airlines without Penalties
US FAA: Boeing 737 MAX software bug poses no safety concern