war

Before the start of the full-scale war, 75% of Ukraine’s foreign trade was carried out at sea ports. From February 24, 2022, they are all blocked. However, it was not a verdict. On the contrary, we see that companies have begun to look for alternative ways to establish logistics chains.
Can rail and road transport replace sea transport? What is the government doing to help exporters export products, and how did the war change Ukrainian trade? This was discussed on May 18 during the online discussion of the Southern Ukrainian office of the European Business Association “Logistics and international trade in Ukraine in conditions of war”.

In response to the military aggression of russian federation, in March the Verkhovna Rada adopted a law on the nationalization of the property of russian legal entities and individuals in Ukraine – movable and immovable, as well as funds, deposits in banks, securities, corporate rights and other assets. Among the objects that fall under alienation are large enterprises with a billion annual profits.

Turkey will not allow warships of countries at war to pass through the Bosphorus.

The ship Azburg, fired upon by the invaders, began to sink in the port of Mariupol. There is a fire on the ship, according to the Ministry of Internal Affairs of Ukraine.

A new round of face-to-face negotiations between Ukraine and the Russian Federation is taking place in Turkey.

The thirty-third day of confrontation between Ukraine and its citizens against the military aggression of the Russian Federation began.

During the month of the war, the estimated amount of losses inflicted by the Russian Federation on the entire transport infrastructure of Ukraine amounted to almost $40 billion.

Freight rates continue to grow in the Azov-Black Sea region. This is due to the war in Ukraine, bad weather and high demand for products.

Russian troops are building up the presence of the navy in the Sea of Azov.

The MTWTU has sent advices to the IMO on the treatment of seafarers if their country is at war.