Cargo flow in the Danube ports has dropped to a minimum
Currently, the port of Reni is operating at only 5% of its capacity, and cargo traffic in Izmail has decreased by 40%.
After the shelling of the Ukrainian deep-sea ports, there were predictions about a possible return to the logistics of the start of a full-scale invasion, in particular, due to the activation of the Danube ports. However, there is no reason to expect the return of volumes from that period, TEUS director Dmytro Kazanin told Latifundist.
As the expert noted, the Danube ports have a limited fleet and can handle much less cargo. Logistics are more expensive because of them, and crossing the border remains a difficult factor for drivers. In addition, the cost of freight here is similar to the ports of Great Odesa.
“It is also worth understanding that Russia will shoot at the Danube ports as well, if the cargo flow is directed there, since its goal is not only to destroy the port infrastructure, but also to hinder the work of the transport and logistics sphere in Ukraine,” Kazanin emphasized.
Currently, the port of Reni is operating at only 5% of its capacity, and cargo traffic in Ishmael has decreased by 40%. Imported goods are mainly processed – fertilizers, metals and ore.
“For those who do not have a lot of cargo, these ports can be comfortable. However, there is no reason to expect excitement around them, equivalent to the beginning of 2022,” concluded the director of TEUS.
The day before, USM wrote that the Ukrainian agricultural holding Kernel sold a vessel and three granaries.