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Port in Odesa region overpaid almost a million for electricity — officials suspected
According to the investigation, in 2021-2022, documents for payment for electricity were approved at prices that in some cases were more than twice as high as those stipulated in the contract.
Ukrainian Defense Forces Attack Russian Naval Base in Novorossiysk
Ukrainian military struck air defense positions, berths and seaport infrastructure at a distance of more than 300 km from the front line.
Short-term ship delays in Turkish Straits could be a test of market reaction, opinion
Market participants expected a clearer statement from Turkish President Recep Tayyip Erdogan regarding the possible closure or restriction of vessel passage through the straits.
US asked Ukraine to stop attacks on tankers in the Black Sea, — media
On July 31, US Vice President J.D. Vance, during a conversation with President Volodymyr Zelenskyy, asked Ukraine to stop attacks on oil tankers in the Black Sea.
Novorossiysk attacked by drones and naval unmanned aircraft
The massive attack lasted for over five hours, and one of the largest grain terminals in Novorossiysk is among the possible targets.
New risk. Can Turkey affect exports from the ports of Great Odesa?
After the Russian Federation intensified its attacks on Ukrainian ports and civilian vessels, Ankara has shown that it is ready to use control of the Bosphorus and Dardanelles as leverage.
For Ukrainian exports, this means a new risk premium – even before the straits are actually closed. USM spoke with experts in the maritime and agricultural industries to find out how Turkey’s decision could affect shipping and the freight market.
Ukraine considers Polish ports as an alternative to exports through Great Odesa, — Ministry of Agrarian Policy
Ukraine and Poland discussed the possibility of increasing the transit of Ukrainian agricultural products through Polish ports amid Russian attacks on the ports of Great Odesa.
The US has begun sending confiscated “shadow fleet” tankers for disposal
The United States has begun to transfer old tankers seized as part of its efforts to combat sanctions against Russia, Iran, and Venezuela for disposal.
Russia accused Romania of providing military support to Ukraine through the port of Giurgiuleşti
Russia has accused Romania of using the Moldovan port of Giurgiuleşti to supply cargo to Ukraine, in particular for the needs of the Armed Forces of Ukraine. The Romanian Foreign Ministry called these statements Russian propaganda.
Ministry of Agrarian Policy lowers grain export forecast due to Russian attacks on ports
The Ministry of Agrarian Policy expects grain exports to reach 38–40 million tons in the 2026/27 marketing year.
Record Shallowing of the Danube Complicates Ukrainian Grain Exports Through Constanta — Bloomberg
Low water levels are forcing barges to take on fewer cargoes, and shipping on the Danube is becoming more expensive at a time when Ukraine is increasingly dependent on alternative export routes.
Kernel’s main shareholder announced a mandatory buyout of the company’s shares remaining with minority shareholders
Namsen Limited, the main shareholder of Kernel Holding, announced the terms of the mandatory buyout of the remaining shares of the company at a price of PLN 19.93 per share.
Port “Pivdennyi” expands network of mobile shelters for workers
The new protective structure was installed on the territory of the enterprise, taking into account the location of the production infrastructure and logistics routes.
Changing the port of unloading to Constanta: procedure for the importer
After the suspension of container lines to the ports of Great Odesa, some of the cargo destined for Ukraine began to be redirected to Constanta, Romania. For importers, this means additional paperwork, new port costs and the need to organize the delivery of the container to Ukraine.
Founder and CEO of SafeLogic Oleksandr Tsurkan explains what to do after being notified of a change in the port of discharge and what costs and delays to consider.
Blockade of Great Odesa ports could cost Ukraine up to 0.9% of GDP
The closure of the maritime corridor and the blockade of the ports of Great Odesa could reduce Ukraine’s GDP by 0.6–0.9%.
The market for “handysizes” has almost disappeared: there are practically no orders for large vessels
There are almost no orders for “handysize” and larger vessels, while Danube costers are still finding cargo and continue to increase in price, albeit more slowly.
“They will reach an agreement with Hungary sooner”: Poland assessed the prospects for the transit of Ukrainian grain
Expanding the transit of Ukrainian agricultural products through Poland may encounter domestic political risks for Warsaw.
NIBULON exported only 60 thousand tons of grain in July out of the planned 250 thousand tons
Due to restrictions on the work of Ukrainian ports due to terrorist attacks by the Russian Federation, the company was able to ship only two ships.