COMVEX and TTS Group: premiere operation for the port of Constanta

Must Read

Cushman & Wakefield Echinox: Demand for office spaces surged by over 60%, with transactions up to 1,000 sq. m being the most prevalent

  Bucharest, May 2024 - RBJ - The office market in Bucharest has shown a sustained demand growth in Q1,...

EC positively evaluates Romania’s economy in 2024, with better prospects than other EU states in 2025

Brussels, May 15, 2024 - RBJ - In the EC's spring economic forecasts, published today, Romania's economy is viewed...

Petromidia, the largest oil refinery in Romania, was modernized with an investment of $85 million

Bucuresti, 13 mai 2024 - RBJ - Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated...

By RBJ
TTS (Transport Trade Services) and COMVEX are currently running a premiere port operation for the port of Constanta. Characterized by reducing the time the maritime vessel stays at the berth, the operation has the effect of increasing the flow rate of goods through the port.
It is about the loading in a combined mode – at the berth and then by direct transshipment at one of the two buoy terminals of TTS, of a Capesize class vessel, which is to receive 170,000 tons of ore stored in the COMVEX terminal.
In the first phase, the ship berthed at the COMVEX terminal, loaded 110,000 tons of cargo from both sides simultaneously: directly from stock with COMVEX equipment, and, on the other side, transshipped directly from barges with TTS floating cranes. The ship then anchored at one of the buoy terminals of TTS in the inner road of the port of Constanta, where the operation is to be completed by loading another 60,000 tons of cargo, in direct barge-ship transshipment.
Capesize ships are the largest seagoing vessels – capable of up to 400,000 tons gross cargo capacity. The name of the class – “Capesize”, comes from the fact that these ships have to bypass the South American continent at Cape Horn in their transoceanic voyages, being too large to transit the Panama Canal.
The TTS Group and COMVEX have been collaborating for over 25 years in the logistical organization of raw material flows, this operation being yet another example of how together we develop innovative transshipment solutions with the objective of increasing the volumes of cargo transiting the port of Constanta.
COMVEX S.A. is listed on the AeRO market operated by BVB (stock symbol: CMVX) and TTS (Transport Trade Services) S.A. is listed on the regulated market operated by BVB in the Premium category (stock symbol: TTS).

- Advertisement -
Latest News

Cushman & Wakefield Echinox: Demand for office spaces surged by over 60%, with transactions up to 1,000 sq. m being the most prevalent

  Bucharest, May 2024 - RBJ - The office market in Bucharest has shown a sustained demand growth in Q1,...

EC positively evaluates Romania’s economy in 2024, with better prospects than other EU states in 2025

Brussels, May 15, 2024 - RBJ - In the EC's spring economic forecasts, published today, Romania's economy is viewed positively, with good prospects this...

Petromidia, the largest oil refinery in Romania, was modernized with an investment of $85 million

Bucuresti, 13 mai 2024 - RBJ - Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated the processes of restarting the...

The National Bank of Romania has been maintaining the level of the monetary policy rate at 7% per year for over a year

Bucharest, May 13, 2024 - RBJ - The Board of Directors of the National Bank of Romania decided, on Monday, to maintain the monetary...

Romanian designer Voicu Crețu launches VOICU brand at ICFF New York

Neamț, Romania, May 1, 2024 - RBJ - Voicu Crețu, a rising force in the world of contemporary design, is set to captivate the...
- Advertisement -

More Articles Like This

- Advertisement -