Economy

Barges blocked in Ochakiv: Ukrainian banks block Ascet Shipping accounts
FUIB Bank has sued the owner of Ascet Shipping, and OTP Leasing is demanding payments and blocking the company’s accounts.

Harmonization of legislation will open the way for Ukrainian ports to integrate into European logistics networks
Ukraine is preparing for the screening of transport legislation within the framework of European integration.

Corn prices in Ukrainian ports have reached parity with wheat
Limited supply and active demand from importers are pushing prices up, despite downward trends in world markets.

Black Sea wheat supplies to decline by 2026
Crop losses in the Black Sea countries, as well as Russia’s war against Ukraine, could lead to a shortage of wheat on the world market.

A ship with Ukrainian grain has been detained in the port of Yemen for a month
A ship carrying about 18,000 tons of Ukrainian wheat has been held in the Yemeni port of Al-Mukalla for over a month. The crew is also unable to leave the ship.

EBA called for a review of UZ tariff distances to the ports of Chornomorsk and Odesa
The Association emphasized that the tariff distances for these directions do not correspond to the shortest transportation distance.

ILO agrees to increase minimum wage for seafarers
The International Labor Organization (ILO) has agreed to increase the minimum wage for seafarers in the position of Able Seaman.

The price of a ton of Ukrainian agricultural exports increased 1.4 times, — Ministry of Agriculture
Last year, the price per ton of Ukrainian agricultural exports was $315, and this year in April it increased to $443.

ARMA announces selection of manager for Russian tanker
The National Agency for Tracing and Asset Management is looking for a manager for the arrested Russian tanker Volgoneft-268.

A meeting of the USPA with a delegation of the European Parliament took place in Odesa
Odesa was visited by a delegation of the European Parliament’s Subcommittee on Security and Defense (SEDE).