Economy

Brent oil rose above $74 a barrel after last week’s decline.

The Ukrainian government is developing a concession project for the ports of Izmail, Odesa and Chornomorsk.

The embargo of the EU and the G7 countries on oil products of the Russian Federation is being violated. Ukraine continues to try to include Greek shipowners in the list of war sponsors.

The State Agency for Reconstruction and Development of Infrastructure plans to increase the throughput capacity of Ukrainian ports on the Danube to 30 million tons per year.

Hungary initiated the expansion of sea routes for the export of Ukrainian products in order to reduce the flow of land shipments.

Since the beginning of the full-scale invasion, Nibulon has suffered losses in the amount of about $400 million, lost about 40% of its personnel and is currently operating at 32% of its capacity.

The United States called on the UN Security Council to pressure Russia to extend the Grain Agreement.

Farmers’ review of the structure of crop rotation due to losses due to a significant increase in the cost of domestic logistics in 2022, as well as existing logistical restrictions on exports, will stimulate agricultural producers to radically reduce the amount of grain exported for export in the 2023-24 marketing season. Three factors will encourage…

“Ukrainian Danube Shipping” opened tenders for the transportation of agricultural products by barges from the ports of Reni and Izmail.

JSC “Ukrzaliznytsia” is considering projects to improve the capacity of the Izmail station.