UKRAINE: DRY BULK SHIPPING INDEX SHOWED SOME REDUCTION FOR THE FIRST TIME OVER THE MONTH

Last week dry bulk shipping index Baltic Dry showed reduction for the first time over more than a month. But summarizing the results of the week the Index increased by 12.2% to the maximum of 670 points over the last 5 months. Change in the indicator direction happened due to reduction in the sector of…

RUSSIA: QI’2016 PROFIT ATTRIBUTABLE TO NOVATEK SHAREHOLDERS UP 87.4% TO RR 58.2 BLN

NOVATEK has released its consolidated interim condensed financial statements as of and for the three months ended 31 March 2016 prepared in accordance with International Financial Reporting Standards. Profit attributable to NOVATEK shareholders increased by 3.7 times to RR 115.9 billion, as compared to RR 31.1 billion in the first quarter 2015. Profit for the…

RUSSIA: FLYDUBAI GIVES FINANCIAL AID TO RELATIVES OF AIR CRASH VICTIMS IN SOUTH RUSSIA

The airline FlyDubai has provided financial assistance to the relatives of 40 victims of the air crash in Rostov-on-Don in south Russia, the Russian Transport Ministry reported on Sunday. “The size of the initial payment equals 135,500 rubles [$1,978] per each victim,” the ministry said in a statement. The airline FlyDubai has decided to open…

MOLDOVA: EXPORT GOODS IN SEA CONTAINERS VIA GIURGIULESTI INTERNATIONAL FREE PORT INCREASED BY 42% IN 2015

In 2015 the total number of containers transshipped via Giurgiulesti International Free Port and delivered to or collected from the Port of Constanta by Danube Logistics SRL increased by 3% to 7,986 containers (9,912 TEU), says the port’s press center. While the number of import containers decreased due to the challenging economic environment, the number…