Economy

The US Treasury has updated the list of individuals and legal entities from russia subject to sanctions.

Updating the current number of vessel departures from Ukrainian ports trimmed on the river, on average, 2-3 vessels per day.

Since the beginning of January, sea exports of russian raw oil have grown in all directions.

Oil prices rose slightly on Thursday, January 26. The market is waiting for the start of the EU ban on russian oil products.

The European Bank for Reconstruction and Development (EBRD), with the assistance of the Dutch government, will provide 25 million euros to support the agricultural sector of Ukraine.

Three bulkers with Ukrainian wheat are planned to be sent to Kenya, Yemen and Sudan.

At the end of December, JSC “Ukrzaliznytsia” concluded agreements with Lithuanian Orlen Lietuva and Singaporean Exxonmobil Asia Pacific PTE. LTD on the purchase of diesel fuel.

The grain agreement expires in less than 60 days. Currently, there is a question about the continuation of the initiative.

Russia’s full-scale invasion affected every part in Ukraine’s state machine. Export — one of the most important drives of the Ukrainian economy — was under threat of destruction. Everyone suffered losses – farmers, shippers and buyers, but Ukraine withstood and continues to accept the challenges of wartime, despite the enemy’s efforts to destroy, in particular, its grain industry, from seaports to elevators.

Since the start of the “Grain Initiative”, freight rates on the Danube have fluctuated at the level of €30 per ton.