News
Russia and Iran form port alliance to circumvent sanctions
Iran and the Russian Federation plan to hold talks on the creation of a joint consortium of ports and shipping companies.
Barges blocked in Ochakiv: Ukrainian banks block Ascet Shipping accounts
FUIB Bank has sued the owner of Ascet Shipping, and OTP Leasing is demanding payments and blocking the company’s accounts.
Harmonization of legislation will open the way for Ukrainian ports to integrate into European logistics networks
Ukraine is preparing for the screening of transport legislation within the framework of European integration.
Russian submarine cut off from port in Syria finds refuge in Algeria
The submarine B-265 “Krasnodar”, belonging to the Russian Black Sea Fleet, has moored in a port in Algeria.
Corn prices in Ukrainian ports have reached parity with wheat
Limited supply and active demand from importers are pushing prices up, despite downward trends in world markets.
Black Sea wheat supplies to decline by 2026
Crop losses in the Black Sea countries, as well as Russia’s war against Ukraine, could lead to a shortage of wheat on the world market.
Russians fired 12 Kalibr missiles from ships at Ukraine
The Russian invaders carried out a combined strike on Ukraine with missiles of various types, as well as strike drones.
A ship with Ukrainian grain has been detained in the port of Yemen for a month
A ship carrying about 18,000 tons of Ukrainian wheat has been held in the Yemeni port of Al-Mukalla for over a month. The crew is also unable to leave the ship.
EU considers banning new contracts for Russian LNG supplies
The European Commission is assessing whether it can pass legislation that would ban EU companies from signing new contracts for Russian gas.
Denmark to spend $600 million on surveillance ship to protect against Russia
Denmark will spend about 4 billion kroner ($614 million) to build and purchase 26 naval vessels.