Black Sea

As a result of Russian shelling and the destruction of the tank, sunflower oil has entered the Black Sea.

The operation was aimed at countering the export of Russian oil in circumvention of international sanctions.

A bulk carrier under the flag of St. Kitts and Nevis, which was heading to one of the ports of Great Odesa, was hit by two drones.

Ukraine will remain a transit country thanks to the Black Sea ports, which are vital for exports, imports and the economy of many countries.

Shipowners are raising prices, relying on rising bunker costs, while charterers are increasingly agreeing to compromise levels.

Bucharest rejected the Russian embassy’s claims about the alleged Ukrainian origin of sea mines.

The sanctioned vessel Altura, which was attacked by unknown drones in the Black Sea, departed from the port of Novorossiysk.

The vessel, which was carrying about 140 thousand tons of Russian oil, suffered damage to the hull and engine room, but the crew itself was not injured.

Freight rates have begun to level out, but the market remains uneven — the most difficult situation remains in the bulk carrier segment.

Since the end of February, FOB prices in Ukraine and Russia have increased by about $6/t, and freight has also increased with them.