Economy
The UDS said that the new harvest did not restore exports across the Danube
Statistics of the Danube Commission indicate a steady decline in cargo handling by Danube ports. This was stated by the Deputy Director of Economics and Finance of “Ukrainian Danube Shipping” Vladyslav Bielakh in an interview with Latifundist. According to him, the river transportation market is in a deep crisis. The main problem is freight rates,…
The Russian bulk carrier again loaded stolen grain in Sevastopol
The offending vessel received a cargo of wheat stolen from Ukrainian farmers in the temporarily occupied Sevastopol. The Russian bulk carrier San Severus (IMO: 9385233) was loaded with stolen wheat at the Avlita grain terminal in Sevastopol from September 13 to 17. This was reported by SeaKrime project journalist Kateryna Yaresko. This time, the occupiers…
Grain transportation from the Vadul-Siret terminal to Constanta has become cheaper by 40%
The Ukrainian operator of the Vadul-Syret terminal explained that the company was able to find mutually beneficial solutions in cooperation with the Romanian side. The Alebor Group has significantly reduced the cost of transporting grain to the port of Constanta. Oleksiy Tsurkan, General Director of the Elevator Division of the Group, said this in a…
Zelenskyy: Ukraine is increasing sea exports
For more than a year of operation of the sea corridor, 70 million tons of goods have already been transported. This was announced by the President of Ukraine Volodymyr Zelenskyy. According to him, despite the war and Russian terror, Ukraine continues to be a donor of global food security for dozens of countries around the…
The Ukrainian bank restructured the loan to “Nibulon” for $10 million
ING Bank Ukraine, which is part of the international ING Group from the Netherlands, restructured the loan of the Nibulon agricultural holding. The bank and the agricultural holding signed a loan restructuring agreement in the amount of $10 million, Nibulon reported. ING Bank granted a grace period until mid-2026 and extended the loan repayment schedule…
Wheat rates at the Chicago exchange decreased
The pressure on the market was caused by the fast pace of the winter wheat sowing campaign in the USA and significant exports from the Black Sea region. Wheat prices on the Chicago Stock Exchange fell on Tuesday. The December grain contract fell by USD 1/t — to USD 211.5/t, ASAP Agri analysts report ….
Freight rates in Odesa region ports remain stable
The intensification of trade activity did not lead to an increase in freight rates due to the sufficient availability of tonnage. This was reported by Spike Brokers analysts. Rates for transportation from the Danube ports to the east coast of Italy remain stable. Also, the large number of available ships in deep-sea ports restrains the…
Ukraine exported a fifth of the grain planned for this year
In total, in the 2024/25 marketing year, Ukraine plans to export 43.2 million tons of grain. As of September 16, in the current marketing year, 21% of the entire harvest was sent for export. This was reported by the Minister of Agrarian Policy Vitalii Koval, Ukrinform writes. So, today Ukrainian farmers exported 8.76 million tons…
The auction for the sale of the Belgorod-Dniester port was extended until September 24
This decision was made by the State Property Fund after there were not enough participants at the privatization auction on September 16. This was reported by Delo with reference to the State Property Fund. The department said that the reason for the postponement was the lack of interest from potential buyers. Companies participating in the…
Metinvest mobilized 9,000 employees, Ryzhenkov
In Ukraine, 9,000 employees of the mining and metallurgical company Metinvest were mobilized, CEO Yuriy Ryzhenkov said. The main challenge for industrial enterprises of Ukraine is the shortage of personnel, CEO of Metinvest Yuriy Ryzhenkov told Forbes in an interview. Factories are faced with a situation where they cannot increase production due to a lack…
