Economy

Privatization of the Bilhorod-Dnistrovskyi port did not take place due to the lack of applications from participants
The first auction for the privatization of SE “Bilhorod-Dnistrovskyi Sea Trade Port” did not take place. Participants did not apply.

Ukraine sent almost 50% of its wheat exports to Africa and Asia via the “grain corridor”
Ukraine sent up to 48% of its wheat exports to the countries of Africa, the Middle East, and Turkey via the “grain corridor”.

The demand for Ukrainian export corn has disappeared in the ports of Odesa
The “grain corridor” expires in March. Because of this, there are no buyers of Ukrainian corn in the ports of Great Odesa.

For the first time in a long time, the UDS Kilia plant will build new non-self-propelled vessels
Preparations for the creation of a new non-self-propelled vessel using the structures of donor vessels are underway at the Kilia Ship building and ship repair plant. The first two barges, acting as donors, have already been lifted to the slip.

UGA asks to make transparent the rules for ships entering Ukrainian ports
The Ukrainian Grain Association (UGA) is asking to make the process of forming a queue of vessels for entry into Ukrainian ports more transparent.

Russia has put forward its conditions for the continuation of the grain initiative
On Wednesday, March 1, the Ministry of Foreign Affairs of russian federation put forward its conditions for the continuation of the export of products from Ukrainian ports within the framework of the “grain agreement”.

The EU will not reduce the “price ceiling” for Rosneft
The European Commission said that Rosneft’s price cap of $60 per barrel “proved to be effective” against the Kremlin’s war machine. There are no plans to lower the price ceiling in the near future.

Oil prices will rise to $90 per barrel, the forecast says
The oil market could become scarce as russia cuts supply and China increases consumption.

Romania became the largest importer of Ukrainian grain in 2022
In 2022, Ukraine exported 38.5 million tons of domestic grain. Revenue from the export of Ukrainian grain amounted to $9.1 billion last year.

The business calls for Mykolaiv Port to be involved in the “Grain Initiative”.
Ukrainian business associations call on the parties of the “Grain Initiative” to extend it for a year, as well as to involve the Mykolaiv Seaport.