Interpipe plans to lease another vessel to operate in the Black Sea

Renting a vessel allows you to better plan shipments and more accurately predict delivery

Ukrainian industrial company Interpipe is considering time charter options for a new vessel. The head of the company’s logistics and customs control department, Yevhen Anikin, told this in an interview with CFTS. The vessel that the company leased earlier is currently undergoing repairs.

According to Mr. Anikin, the first vessel the company took on a time charter was transporting pipes and railway wheels from Odesa to Varna and Batumi. Over 2 months of operation, the savings amounted to more than $200 thousand. The manager also notes that the lease of the vessel allows them to plan shipments and production volumes more clearly and predict more accurate delivery times to the client.

In early fall, it became known that Interpipe had started operating a time-chartered vessel for the first time in its history. At the same time, according to Olexey Yanovsky, the company’s director of procurement and logistics, the company does not consider it expedient to purchase its own vehicles. The name and size of the vessel were not specified at the time, but it was known that it was making feeder deliveries from Odesa.

As GMK Center reported earlier, Interpipe is implementing modern logistics solutions, focusing on cost reduction and expanding its supply geography. In cooperation with its partners, the company has set up a hub in the Georgian port of Batumi for transshipment of pipe products. From here, goods are delivered to customers in the Caucasus and Central Asia by rail and road.

Interpipe is an international vertically integrated pipe and wheel company that ranks among the top 10 seamless pipe producers in the world and among the top 3 producers of all-rolled railway wheels.