Economy
Heavy floods on the Danube did not affect the work of the UDS
As a result of the floods on the Danube, shipping problems are recorded in Austria and Slovakia. So far, the natural disaster has not affected the work of the UDS in any way. USM was told about this by the Ukrainian Danube Shipping Company. The UDS noted that it was difficult to work in the…
Ukraine exported more than $19 billion worth of goods through the maritime corridor
During the year of existence of the Ukrainian maritime corridor, Ukraine exported goods worth more than 19 billion US dollars. From August 2023 to August 2024, Ukraine exported goods worth $19.2 billion (85.9 million tons) by sea. This is stated in the draft law on the state budget for 2025. Ukraine, in particular, sent $15.8…
The owners of the “Olympex” terminal refused to disclose data on their assets, the court ruled
The High Court of London ruled that the owners of the “Olympex” terminal refused to disclose information about their assets. Thus, the owners of the GNT Group, Serhiy Groza and Volodymyr Naumenko, did not fulfill the agreement regarding the disclosure of information about their assets, reports Latifundist with reference to Lloydʼs List. Earlier, American investment…
Ports of Great Odesa can switch to gas generation
Ports of Odesa region want to recover from cogeneration gas-piston plants. Oleh Kiper, the head of Odesa Regional Military Administrartion, announced this during the “Odesa Economic Revival Forum”, writes Ukrinform. According to him, the introduction of gas-fired electricity generation to power the ports is necessary. “Currently, 70% of energy goes directly to the port, the…
Prices for agricultural products rose sharply after the Russian attack on a vessel with grain
As a result, as of September 12, world wheat prices reached session highs. Wheat futures jumped 2.2% after Russia hit a grain ship with a missile. This is reported by Bloomberg. Thus, grain prices on the Chicago Stock Exchange (SWOT) rose to session highs. At the same time, the increase occurred just before the monthly supply…
4,052 wagons with grain are heading to the ports of Great Odesa
During the week, the accumulation of wagons heading to the ports of Odesa increased by 92 units. This is reported by Rail.Insider with reference to the online meeting of representatives of JSC “Ukrzaliznytsia”. It also became known that the volumes of average daily unloading and loading decreased. On average, 933 wagons with grain are unloaded…
Corn can once again become the main export agricultural product of Ukraine
The positions of corn on the market of the agro-industrial complex are gradually strengthening. Corn prices are rapidly approaching the level of feed wheat on an FOB basis, returning corn to the role of a key commodity in the grain sector. This is written by Latifundist with reference to ASAP Agri analysts. According to the…
The UDS conducted an independent assessment of the company’s assets
In total, the assets of PJSC “Ukrainian Danube Shipping” were estimated at 154 million euros, including property registered to subsidiaries, offshore and foreign companies. This was reported by the press service of the UDS. Buildings, constructions, infrastructure and the fleet together were valued at UAH 6 billion, of which UAH 5.4 billion — only the…
More than 8 million tons of grain were exported from Ukraine since the beginning of the new season
The export of Ukrainian agricultural products in 2024/25 has already exceeded 8 million tons. This is reported by the Ministry of Agrarian Policy of Ukraine. As of September 11, since the beginning of the 2024/25 FY, Ukraine exported 8.187 million tons of grain and leguminous crops. Of these, 894,000 tons were shipped in September. As…
Ports of Great Odesa processed 7 million tons of cargo in August
The total cargo turnover of the Ukrainian maritime corridor in August amounted to 5.9 million tons. In August, deep-sea ports of Ukraine processed 7 million tons of cargo. This is more than double the indicators for the same period in 2023 (3.3 million tons), USPA reported. Most grain and ore cargoes were transshipped in August….