Economy

Verkhovna Rada dismissed the Minister of Economy of Ukraine
The Verkhovna Rada (Parliament of Ukraine) has accepted the resignation of the First Vice Prime Minister of Ukraine Oleksiy Lyubchenko.

American coal will arrive to Ukraine in November
Ukrainian ports will soon accept five vessels with imported coal from the United States, totaling approximately 280,000 tonnes.

Shipping company from Odesa was sanctioned by the National Security and Defense Council of Ukraine
President of Ukraine Volodymyr Zelenskyy, by his decree, put into effect the decision of the National Security and Defense Council of Ukraine into the shipping company Fides Ship Management (Odesa).

Sunflower has droped in price in Ukrainian ports
Wheat, corn and barley increased in price in Ukrainian ports after the weekend. But the cost of oilseeds has decreased.

Maritime issues: how the Verkhovna Rada of Ukraine will develop shipping, ports and shipbuilding
Will there be a “Maritime Day” in the Verkhovna Rada of Ukraine? What kind of legislative changes are expected by the industry and what should industry specialists prepare for? When will the “port-landlord” model start working, and is it worth it to be afraid of vessels flying a foreign flag on the rivers of Ukraine?

Minister of Economy of Ukraine resigns
The First Vice Prime Minister of Ukraine – Minister of Economy of Ukraine, Oleksiy Lyubchenko, wrote a letter of resignation.

Port terminals will cooperate with the state to control overloads
The first port terminal plans to provide customs with data on the overweight of vehicles.

MIU intends to extend the private traction project til 2023
The Ministry of Infrastructure of Ukraine intends to extend the pilot project on the admission of private locomotives to work on the railway until 2023. This was announced by the Director General of the Railway Transport Directorate of the MIU, Olexandr Fedorenko, writes URM. Fedorenko claims that the MIU has already prepared the necessary orders…

In October, the port of Yuzhny showed the best result of cargo turnover since the beginning of the year
In October, SE “CSP Yuzhny” handled 1.713 million tons of cargo. This is the best indicator of the state stevedore transshipment since the beginning of the year.

Russian Federation will stop supplying thermal coal to Ukraine
Russia announced the termination of supplies of thermal coal to Ukraine. The reason: their country needs to “pay special attention” to meeting domestic demand for this type of coal.