Economy

The Black Sea Port has announced an online auction for the transshipment of mineral fertilizers in the Prozorro system for the first time.

The initiative provides for a new management model, reinvestment of profits in infrastructure and incentives for transportation to the ports of Izmail and Reni.

Danube ports remain an important alternative route for Ukrainian exports during the war. At the same time, the transportation market in the region is changing rapidly. It is affected by war risks, the new tariff policy on the Sulina Canal, and the general situation on the freight market.

Global shipping may face a fuel shortage due to the war in the Middle East.

Agroholding “Nibulon” opens an office in Romania to strengthen work in the Danube direction.

If the current dynamics continue, the monthly volume of shipments may amount to only about 600 thousand tons.

During the high-level meeting in the QUAD format in Brussels, the parties discussed the protection of critical infrastructure and the development of alternative routes.

At this stage, possible connections of participants with the aggressor state, sanctioned companies and offshore structures will be checked, in particular.

Partial easing of US sanctions against Russian oil on tankers could allow Russia to earn an additional $10 billion.

The Ministry of Development is proposed to be divided by separating the central executive body for transport and infrastructure from it.