Business news from Ukraine

Business news from Ukraine

Maersk Has Suspended Container Shipping Through Terminal in Chornomorsk

The international transportation and logistics group A.P. Moller—Maersk has temporarily suspended maritime container shipping through the terminal of Chornomorsk Fish Port LLC in the Odesa region.

The decision was made amid a deteriorating security situation and intensified Russian attacks on Ukrainian port infrastructure. However, this does not mean a complete suspension of Maersk’s operations in Ukraine.
“Due to the current situation affecting our operations, the feeder operator is unable to continue providing services to Ukraine via the Black Sea Fishing Port,” Maersk’s Ukrainian division reported.

The service has been suspended until further notice. The company did not explicitly cite the Russian attacks as the reason for this decision; however, the announcement came after a series of strikes on ports and civilian vessels in the Odesa region.
The vessel MEDKON MIRA V.629S, which was scheduled to deliver imported containers to Chornomorsk, will be redirected to the Romanian port of Constanta for unloading.

It is also planned to reroute shipments destined for Chornomorsk that are already in Port Said, Egypt, or en route there, to Constanta. Customers for whom unloading in Romania is not suitable are advised to submit a request to change the destination.
“Chornomorsk Fish Port” is not a term referring to a fishing harbor in the everyday sense, but rather the official name of a separate enterprise and a multifunctional cargo terminal in the village of Burlachya Balka near Chornomorsk.

The company was previously known as “Illichivsk Sea Fishing Port,” and in 2018 it adopted its current legal name—LLC “Black Sea Fishing Port.”
Despite its historical name, the enterprise operates a full-fledged container terminal. It has deep-water berths, Liebherr container handlers, mobile cranes, storage yards, and truck and rail weighing facilities.

The Black Sea Fishing Port is an independent operator and should not be confused with the state-owned seaport of Chornomorsk. The main deep-water port of Chornomorsk and other ports in the Greater Odesa region continue to operate, according to Ukrainian authorities.
The company has suspended only maritime shipments through this specific terminal. Maersk continues to offer cargo delivery to Ukraine via land and multimodal routes, including through Romania and Poland.

Rerouting containers through Constanța may increase transit times and shipping costs. After unloading in Romania, cargo will need to be transported to Ukraine by road or rail.
For Ukrainian importers, this means additional costs for land logistics, changes to documentation, and a possible delay in receiving goods.

At the same time, this decision enhances Constanta’s role as a regional transshipment hub for Ukrainian cargo.
Prior to Maersk, Kernel, a major Ukrainian producer and exporter of agricultural products, had suspended operations at one of its facilities in Chornomorsk following a series of attacks.

However, Ukrainian authorities have not imposed a general ban on ships calling at ports in the Greater Odesa area. Decisions to change routes are made by individual carriers and shipowners with the safety of crews, vessels, and cargo in mind.
A.P. Moller — Maersk is a Danish transportation and logistics group founded in 1904. The company provides maritime container shipping services and manages port terminals, warehouses, and land-based logistics infrastructure.

Maersk operates in approximately 130 countries, serves over 100,000 customers, and has a fleet of more than 700 container ships and a network of 67 terminals in 42 countries. The group employs more than 100,000 people. Thanks to its scale, Maersk is one of the key players in global container trade, and changes to its routes can significantly affect the timing, cost, and availability of international shipments.

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“Nibulon” delivered 80 thousand tons of grain to port of Constanta with its own fleet

Nibulon” JV LLC (Mykolaiv), one of the largest operators at the grain market of Ukraine, in January-June 2023 transported by its own fleet from the branch “Bessarabskaya” (Izmail) to Constanta, Romania about 80 thousand tons, or 15% of the total shipments of the company during this period.
According to the grain trader’s website, this was made possible by the redeployment of the fleet from Nikolaev, which involved disassembly of the vessels, their transportation by land to the Danube and their subsequent reassembly at the Bessarabian branch. In total two port tugs “Nibulon-12” and “Nibulon-14”, tugs “Nibulon-3” and “Nibulon-11” and two handling machines Terex Fuch mhl 385 were transported this way.
The announcement indicates that the Nibulon also began providing tug, mooring and unmooring services for vessels on the Danube. In January-June 2023, the number of hours worked in this way increased 18-fold.
“In the spring, Nibulon was able to resume shipping on the Middle Dnieper. Now tugs “Nibulon-10”, “Hermes-2” and non-self-propelled barges UAK-1, UAK-2, UAK-3, UAK-4 work here, and the branch “Kremenchugskaya” acts as a central transshipment hub that receives grain from water transport and reloads it into the cars”, – stressed the press service of grain trader and added that during April and May 2023 more than 15 thousand tons of grain were transported this way.
It is noted that the shipping company of the grain trader plans to increase the volume of services to third parties in Ismail, as well as to increase the volume of traffic to Constanta by optimizing the routes.
“The experience of sea routes in winter and spring allows the company to choose exactly sea routes instead of the Danube, which affects the speed of the fleet,” summarized the “Nibulon”.
JV Nibulon LLC was founded in 1991. Before the Russian military invasion, grain trader had 27 transshipment terminals and complexes to receive the crops, the capacity for one-time storage of 2.25 million tons of agro products, a fleet of 83 ships (including 23 tugs) and owned the Nikolayev shipyard.
“Nibulon” before the war worked 82 thousand hectares of land in 12 regions of Ukraine and exported agricultural products to more than 70 countries.
The grain trader exported a maximum of 5.64 million tons of agricultural products in 2021, reaching a record volume of deliveries to foreign markets in August – 0.7 million tons, the fourth quarter – 1.88 million tons and in the second half of the year – 3.71 million tons.

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Maersk launched cargo delivery from Constanta port to Reni port

One of the world leaders Danish transport and logistics company A.P. Moeller-Maersk AS, which stopped its ship calls to Ukraine since February last year after a full-scale Russian invasion, has resumed delivery of clients’ cargoes to the Ukrainian port of Reni from Constanta (Romania) by barge, the company’s official website says.
“Development in Ukraine remains in focus, as well as the implementation of solutions for our customers in terms of security,” it said.
According to it, Maersk is launching a new weekly barge service from Constanta port to Reni port on two routes – via Constanta/Danube Canal and the Black Sea with a transit time of approximately 1.5 days.
It is reported that the company’s system is updated and accepts reservations from customers with delivery to the port of Reni. Their implementation will be subject to the working capacities, subject to the proper documentation, including the legal adoption of the provision of Ukraine on the risks in the region.
The company advised to contact its local representatives for more detailed information about deliveries to the port of Reni.
In the fourth quarter of 2022, A.P. Moeller-Maersk AS decreased its net profit by 18.8% and revenue by 3.7%, which was worse than experts’ forecasts. Net income in October-December was $4.95 billion compared to $6.094 billion in the same period of the previous year. Revenue fell to $17.82 billion compared to $18.506 billion.
The average freight rate was down 3.5% for the fourth quarter of 2021, and freight volume fell 14%.
Maersk also stopped operations in the Russian market. All services in Russia ceased operations in the first quarter, and in the third quarter the deal to sell a 30.75% stake in Global Ports Investments was closed. The process of selling the remaining assets – two warehouses and four tugboats – continued.
Maersk generated EBITDA of $36.81 billion and EBIT of $30.86 billion in 2022.

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