Economy
Estonia continues cooperation with Ukraine on the restoration of the maritime industry
Estonia and Ukraine continue to coordinate efforts to restore maritime infrastructure.
Low freight rates force shipowners to subsidize trade
Freight rates for grain transportation from the Black Sea region have already fallen below operating costs.
Turkey increases imports of Ukrainian corn ahead of new quota
Turkish importers are actively buying up Ukrainian corn, trying to catch up with the possible introduction of a new import quota with reduced duties.
USPA will purchase an ice-class tugboat as part of an international project
SE “USPA” announced the first procurement within the framework of the international project RELINC.
Ukrzaliznytsia will repair ferries for operation on the Trans-Caspian route
JSC Ukrzaliznytsia plans to repair the ferries “Heroes of Plevna” and “Heroes of Shipka” in the near future.
Algeria purchased up to 170 thousand tons of Black Sea wheat
Algeria’s state grain agency bought a large batch of wheat in a tender held on February 25.
Transportation of grain by rail to ports has become cheaper
Prices for grain transportation within the country have fallen due to reduced demand and reduced border clearance.
Ukrainian exports of grains and oilseeds reached $11 billion this season
In seven months, exports of grain and oilseeds from Ukraine increased by 13.4%.
Mykolaiv loses 40% of revenue due to blocked ports
The downtime of sea terminals is hitting the economy of the Mykolaiv region, forcing businesses to look for new logistics routes.
Ukraine and the US have agreed on the details of the subsoil agreement: ports are also in the new agreement
The updated agreement provides for the creation of a joint Reconstruction Investment Fund, but does not contain clear security guarantees for Ukraine.
