infrastructure shelling
Russia attacked the same civilian ship near the port of Odesa for the third time
On July 28, Russian forces struck a civilian vessel under the flag of Liberia for the third time, which was at anchor on the approaches to the port of Odesa.
The increase in freight rates should not be explained by the desire of shipowners to obtain excess profits – an opinion
The increase in freight rates in the Black Sea is associated with an increase in insurance, fuel and operating costs, as well as risks for crews.
The USPA commented on the state of the water area after the ship sank off the coast of Odesa
After the sinking of the Golden Leo dry cargo ship, services are checking the Black Sea water area for possible pollution and preparing to eliminate the consequences of the fuel leak.
Suspension of the ports of Great Odesa. What to expect and how market participants are adapting
After the intensification of Russian shelling of the port and logistics infrastructure of the Odesa region, the work of the ports of Great Odesa has virtually stopped. Some shipowners have suspended operations to Ukrainian ports, and business has once again found itself in a situation where it is necessary to assess the direct risks to vessels, crews and cargo – and quickly look for alternative solutions.
USM has prepared a detailed material on what such a suspension could mean for Ukrainian exports, the freight market, insurance brokers, farmers, port operators and shipowners. Together with business and experts, we analyze how critical the current situation is, how to adapt logistics in the coming weeks and what will happen to the sea corridor in the event of further attacks by the Russian Federation.
Russia attacked port infrastructure in Mykolaiv region, two civilian vessels were damaged
On the afternoon of July 24, Russian troops attacked the port infrastructure of the Mykolaiv region with Shahed-type strike drones.
India confirms death of four of its citizens after Russian attack on ship in Odesa port
India’s Foreign Ministry has confirmed the deaths of four of its citizens in a Russian attack on the merchant ship Golden Leo in the port of Odessa. Another Indian sailor is in critical condition. India’s Ministry of External Affairs has confirmed the deaths of four of its citizens in a Russian attack on the merchant…
The number of victims of the Russian attack on a ship in the port of Odesa has increased to 12
As a result of the Russian strike on the vessel, five crew members were killed and 12 more people were injured.
The Kernel export terminal in Chornomorsk has stopped operating due to Russian attacks
As a result of the shelling, the company lost about 45 thousand tons of wheat and 9 thousand tons of sunflower oil.
The Ministry of Development will seek funding to restore private port infrastructure
Port businesses will be able to submit their projects to attract international funding to restore damaged infrastructure.
Ukraine could lose almost $900 million in foreign exchange earnings each month due to attacks on ports
Agricultural market participants suggest that Russia may intensify attacks on the ports of Great Odesa during the harvest.
