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

Nikkiso to Provide 16 Motor Pumps for German LNG Terminal

Nikkiso to Provide 16 Motor Pumps for German LNG Terminal

Shipsy Launches Logistics Intelligence Layer for Enterprise

Shipsy Launches Logistics Intelligence Layer for Enterprise

Brittany Ferries Ends Live Irish Calf Exports

Brittany Ferries Ends Live Irish Calf Exports

Ukrainian Exporters Encouraged to Prepare for Halted Port Operations

Ukrainian Exporters Encouraged to Prepare for Halted Port Operations

Subscribe for Maritime Logistics Professional E‑News

Bangladesh offers incentives for rooftop solar to alleviate power shortages
Zelenskiy claims that Ukrainian drones effectively closed Russian airspace
Fuel costs threaten winter forecast, so Ryanair reduces its traffic target