Economy

Black Sea truce: How Ukraine, the US and Russia are negotiating a ceasefire (updated)
In early March, the US initiated a series of negotiations between Ukraine and Russia aimed at a ceasefire in the Black Sea and reducing the threat of attacks on energy infrastructure.
Despite the alleged agreements on safe navigation and a moratorium on strikes, Russia continues to make one demand after another, sabotaging the process that involves an unconditional cessation of shelling. Read how the talks are developing in our timeline.

“Nibulon” calls for the opening of the ports of Mykolaiv and Kherson
Nibulon calls for opening of Mykolaiv and Kherson ports to be key condition of any future agreement on the Black Sea.

Ukraine has exported over 32 million tons of grain since the beginning of the season
Since the beginning of the 2024/25 marketing year, Ukraine has exported 32.2 million tons of grain.

Odesa Customs will join the electronic system “TCS” in the port of Odesa
The customs post “Odesa-Port” will soon be connected to the Terminal Community Systems (TCS) software and information complex of the State Enterprise “TCS”.

USPA will pay UAH 11.4 million for the repair of the barge “Odessos”
The Southern Branch of the State Enterprise “Sea Ports Administration of Ukraine” has selected a contractor for the repair of the oil tanker barge “Odessos”.

Prices for new crop corn have decreased in Ukrainian ports
The decrease in demand for feed corn in Ukrainian ports led to a price adjustment, after an active increase at the beginning of the week.

Kubrakov: The existing system of port fees is ineffective
During the conference, three topical issues regarding the ports of Ukraine were discussed.

Insurers of the Russian shadow fleet may become part of IG P&I clubs, — BIMCO
BIMCO believes that global shipping insurance could change if sanctions against Russia are lifted.

Nibulon increased profits to $24.8 million thanks to new strategy
The company demonstrates an increase in yield and profitability against the background of technological renewal and management reform.

Warsaw is to host investment conference on concession at Chornomorsk port
The conference will be held to familiarize potential investors with the concession project.