Great Odesa

Russian troops once again struck the port infrastructure of Great Odesa and facilities that ensure the functioning of the Ukrainian Maritime Corridor.

As a result of numerous hits, production and administrative buildings, as well as port operators’ facilities, were damaged.

The market remains expensive, and the shortage of suitable tonnage for voyages from Ukrainian ports continues to affect commercial negotiations.

The route, about 800 km long, became the first example of using electric freight transport in Ukrainian grain logistics.

Prices were supported by the increase in grain prices on a FOB basis, more active demand, restraining sales by farmers, and the weakening of the hryvnia against the dollar.

Shipowners are more likely to offer the same freight rates for voyages from both POC and Danube ports.

Traders maintain a moderate pace of purchases, and processors in the central and western regions have mostly closed their needs for February-March.

The Russians struck the port infrastructure of Odesa and Chornomorsk, damage to equipment and vessels was recorded, one person was injured.

The participants of the meeting confirmed their readiness for further cooperation for the stable functioning of the port industry of the Odesa region in wartime.

The flow of grain wagons towards the ports of Great Odesa increased by almost 500, while to the Danube ports it decreased.