+370 46 300656

info@mit.lt

+370 46 300656

info@mit.lt

News

First half of the year: market changes shaped cargo handling results

During January–June 2026, 573,000 tons of various cargo were handled at our terminal. Compared to the same period in 2025, cargo handling volumes were lower.

“Handling volumes in the first half of the year were influenced not by a single factor, but by a combination of market conditions. In the timber segment, we saw both a decline in demand due to the changing situation in the paper industry and, in the case of birch pulpwood, a supply shortage, rising prices due to an exceptionally cold winter, and logging restrictions imposed by a neighboring country. The grain segment was affected by a challenging export environment – high global inventories, low prices, and increased shipping freight rates. Meanwhile, some other cargoes were affected by unfavorable weather conditions. “Despite this, we are seeing signs of moderate market stabilization in the second half of the year and expect better results,” says Julius Kiršis, our terminal CEO.

We are constantly improving the efficiency of our processes and the flexibility of our operations so that we can respond quickly to market changes and ensure reliable, high-quality services for our customers.

Other news

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Professionals from the European grain sector - a close-up look at our terminal
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We have implemented a pre-registration system for grain deliveries
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Visit by Lagrenas representatives and farmers to the terminal
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Curious schoolchildren visited our terminal
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We welcomed guests from Lantmännen
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