ports
Russian oil prices fall to pre-war levels in Middle East
In the first days of July, the average price of Urals in Russia’s western ports was $41.66 per barrel — significantly below the budgeted $59.
Black Sea freight is becoming more stratified: “handy sizes” are growing, rates on “coasters” are being held back by free tonnage
Handysize rates rise as supramax segment strengthens, while costers remain flat due to excess spare tonnage.
More than 8,000 vessels have already used the Ukrainian maritime corridor
More than 8,000 vessels have already used the Ukrainian maritime corridor since its launch.
Romania and Ukraine to strengthen coordination over drone incident in Constanta port
Romania and Ukraine are discussing a joint protocol to prevent incidents similar to the explosion of a Ukrainian naval drone in the port of Constanta.
Drones hit Russian port infrastructure in Crimea and the Baltics
Two key areas of the enemy’s maritime logistics were hit at once — the Kerch port with the TPP fuel terminal and the ports of Ust-Luga and Vysotsk on the Baltic Sea.
Defense forces hit oil terminal and naval base in Leningrad region of Russia
On the night of July 4, units of the Defense Forces of Ukraine struck the St. Petersburg oil terminal in the Leningrad region of the Russian Federation.
A training exercise on actions in the event of a spill of pollutants was held at the Odesa Port
A practical training exercise was held in the Odesa Sea Port to practice actions in the event of a spill of pollutants in the water area.
Former President of Poland Aleksander Kwasniewski visited the Port of Odesa
A delegation of the Supervisory Board of the Yalta European Strategy (YES) visited the port of Odesa and discussed the work of the Ukrainian maritime industry during the war.
USPA and Babcock International discussed cooperation in the field of port security
The management of the State Enterprise “Ukrainian Sea Ports Administration” held a working meeting with representatives of the British company Babcock International.
Wheat futures sank on all key exchanges — Ukrainian prices fell by another 100–150 UAH/t
Speculative growth on US exchanges has faded after June rains improved the condition of crops in the US.