Economy
Shipping in wartime: how the compensation mechanism for damaged ships works
The Russian war in Ukraine provoked many challenges for the shipping industry. In particular, the danger to ships in the Black Sea forced the Ukrainian government to look for ways to solve the problem. Yes, already in summer, the Cabinet of Ministers introduced the Procedure, which regulates the provision of compensation to shipowners and not only that.
Prices for Ukrainian wheat are expected to rise in seaports
Analysts predict an increase in prices for Ukrainian wheat in the seaports of Odesa region.
Export by water transport increased to 4.3 million tons in November
The export of Ukrainian agricultural products by water transport has grown to a record level since April this year.
Slovakia threatens to block the border with Ukraine again
Slovak carriers threaten to block the checkpoint on the border with Ukraine again.
USPA branches were protected in case of blackouts
Ukraine provided the branches of the port administrations of Great Odesa with protection in case of long-term power outages.
Lukoil may sell its assets in Bulgaria
Russian Lukoil is going to sell the largest oil refinery in South-Eastern Europe and other assets in Bulgaria.
Because of the war, only 32% of the company’s assets are working at Nibulon
The losses of the agricultural holding “Nibulon” due to the war in 2022 alone exceeded $416 million and led to the fact that only 32% of the company’s assets remained working.
Due to the blocking of the border, the budget of Ukraine lost more than UAH 9 billion in customs payments
As a result of the blockade of three checkpoints on the border with Poland, the budget of Ukraine lost more than UAH 9 billion in customs payments in November alone.
Grain From Ukraine: more than 136 million dollars were collected during the summit
More than 136 million dollars were collected for the humanitarian initiative Grain From Ukraine.
The IMO adopted a resolution on supporting the Ukrainian maritime corridor
The International Maritime Organization (IMO) will help Ukraine stabilize the operation of the new grain corridor.
