Economy

Charterers are keeping the market low due to a large supply of free tonnage.

During two years since the beginning of the large-scale invasion of Russia, the direct losses of the agricultural sector amounted to more than 10 billion dollars.

The European Union temporarily imposes tariffs on the import of oats of Ukrainian origin due to Ukraine exceeding the quota.

After the end of the war, the shipyard in Mykolaiv will be reorganized and the Marine Industrial Park will be built.

Turkey has temporarily suspended shipping through the Dardanelles because of a forest fire that broke out nearby.

From July, the shipping company “Ukrferry” plans to resume flights from the port of Chornomorsk to Batumi. The updated flight schedule was published on the company’s website. So, from July 2, the Kaunas ferry will start plying from the port of Chornomorsk to Batumi (Sarkatvelo, formerly Georgia). The duration of the flight will be approximately…

Volodymyr Zelenskyy signed the law No. 10168-2 on the fight against “black grain” and the non-return of foreign currency extortion.

The 101st session of the Danube Commission (DC) took place in the city of Budapest, during which a new leadership was elected.

DP World Romania has increased its operational capacities for container transportation in the Black Sea port of Constanţa.

In 2023, the number of containers lost at sea became a record low.