Business news from Ukraine

Business news from Ukraine

Reestablished Ministry of Agrarian Policy of Ukraine is developing new mechanisms for insurance protection of port logistics

The Ministry of Agrarian Policy and Food of Ukraine, in collaboration with insurance companies, the agribusiness sector, and relevant government agencies, is developing additional mechanisms for insurance protection of port logistics and agricultural products against military risks, the ministry’s press service reported.

Taras Vysotsky, Minister of Agrarian Policy and Food of Ukraine, noted that the extent of damage to port infrastructure, logistics facilities, and agricultural products resulting from the recent massive attacks requires further improvement of existing support mechanisms.
“Maritime exports are critical for Ukraine’s agricultural sector and economy. Amid intensifying Russian attacks, businesses must have clear and accessible protection tools,” the minister’s press service quoted him as saying.

Meeting participants paid particular attention to state mechanisms for supporting businesses in the area of military risk insurance, which are implemented by the Export-Credit Agency of Ukraine.
Currently, companies can take advantage of two instruments. The first is partial compensation for the cost of property damaged or destroyed as a result of armed aggression by the Russian Federation. The maximum compensation amount is up to 30 million hryvnias for companies operating in 10 high-risk regions.

The second instrument is compensation for insurance premiums under military risk insurance policies. The state compensates for the portion of the insurance cost exceeding 1% of the insurance rate, up to 3 million UAH, which allows businesses to significantly reduce the cost of insuring their production assets.

The Ministry of Agrarian Policy noted that the stable operation of the Ukrainian Maritime Corridor is critically important for the agricultural sector, as it ensures the export of products, foreign currency inflows to the budget, and supports global food security. Since the corridor opened in August 2023, 209 million metric tons of cargo have been exported through Ukrainian ports, of which 123 million metric tons were grain products.

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Swiss company has acquired 51% stake in TIS container terminal at Port of Pivdennyi

The Mediterranean Shipping Company (MSC) shipping group, headquartered in Geneva and one of the world’s largest, has acquired a 51% stake in the TIS container terminal at the Port of Pivdennyi, according to a report by Latifundist citing data from YouControl.

According to YouControl data, the largest beneficial owners of TIS are MSC owners Diego and Alexa Aponte, each holding 25.5%.

In March of this year, it was reported that global container operator DP World sold its stake in the TIS container terminal nearly six years after acquiring it; the TIS Group bought it back.

According to DP World’s annual report, it owned a 51% stake in TIS Container Terminal Limited, listed as a multipurpose terminal.

According to YouControl, other owners and beneficiaries of the TIS container terminal include Alexey Fedorichev and his “Fedkom Invest SAM” – 18.375%, Oleg Kutateladze – 9.19%, and brothers Yegor Grebennikov and Andrey Stavnitser – 11.72% and 9.72%, respectively.

Viktor Berestenko, President of the Association of International Freight Forwarders of Ukraine, confirmed this information in a comment to Latifundist and noted that MSC’s arrival could, to some extent, intensify competition among container terminals and provide a boost to the development of port infrastructure in Ukraine.

As reported in May 2025, Medlog, a subsidiary of MSC, acquired from Grebennikov a 50% stake in the intermodal logistics operator N’UNIT and a 25% stake in the cross-border terminal “Mostiska.”

In 2024, MSC announced the completion of a deal to acquire a 49.9% stake in the German logistics group Hamburger Hafen und Logistik AG (HHLA), which operates the Odessa Container Terminal (OCT).

The TIS Terminal Group is the largest stevedoring operator in Ukraine. The group comprises five terminals: “TIS-Container Terminal,” “TIS-Coal,” “TIS-Ore,” “TIS-Grain,” and “TIS-Mineral Fertilizers.” The group also owns and operates the largest infrastructure network, which includes a railway station.

According to information on the TIS Group website, the container terminal is the longest (600 m) and deepest (15 m) container terminal in the country. Its container handling capacity is 8 million tons/400,000 TEU per year. In 2021, Maersk consolidated all of its port calls in Ukraine at this terminal.

According to data from the YouControl system, the revenue of Pivdennyi Container Terminal LLC in 2025 decreased by 24.8% to 840.78 million UAH, while net profit fell by 2.8 times to 208.35 million UAH.

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Soybean prices at ports have reached $450–475 per ton, up $60–70 for season

In the short term, prices for Ukrainian soybeans will depend on the situation in the global energy market and oil prices, which determine market conditions in the biofuel sector, according to the analytical cooperative “Push,” established within the All-Ukrainian Agrarian Council (VAR).

Analysts noted that export prices for Ukrainian soybeans are now significantly higher than at the start of the season. While soybeans were sold for approximately $390–395 per ton in September–November, current prices at ports have reached $450–460 per ton for GMO soybeans and $475 per ton for non-GMO soybeans, which is $60–70 per ton higher than at the start of the season.

“If prices rise by another $10–15 per ton, we could effectively be looking at a nearly $100 increase for the season,” experts noted.

Despite the attractive price conditions, the pace of Ukrainian soybean exports is gradually slowing down. According to analysts, shipment volumes stand at about 48,000 tons, which is significantly lower compared to the start of the marketing year, due to the impact of a 10% export duty, a reduction in domestic stocks, and the high cost of Ukrainian products on global markets.

“Ukrainian soybeans continue to lead in price in key markets. For example, in the Turkish market, they cost nearly $500 per ton, while Brazilian soybeans trade at $470–480 per ton,” the experts explained.

At the same time, prices remain high in the domestic market due to limited supply. According to analysts’ estimates, soybean stocks may fall below 1 million tons in May, which would mean that last year’s harvest has been almost completely depleted.

“Processors will need to operate until the new harvest, so they may be willing to pay a high price. It is possible that processors could raise soybean prices above 21,000 UAH/ton,” the cooperative believes.

At the same time, short-term market conditions will largely depend on the situation in the global energy market. In particular, soybean prices traditionally correlate with oil prices, as soybean oil is widely used in biodiesel production.

Short-term price fluctuations or even price declines are possible in the market in March and the first half of April. At the same time, in the medium term, the market will remain stable due to limited crop stocks and steady demand from domestic processors, concluded “Pushk.”

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Purchase prices for wheat have risen in ports of Greater Odessa – APK-Inform

Prices for wheat in the ports of Greater Odessa (CPT port basis) began to rise this week, according to the information and analytical agency APK-Inform.

According to monitoring data, as of March 11, 2026, traders’ prices for class 2 wheat most often range from 10,600 to 11,000 UAH/ton CPT port, which is 100-150 UAH/ton higher than at the end of the previous week. In dollar terms, demand prices also rose and amounted to $215-225/ton CPT port.

According to analysts, prices were supported by the rise in grain prices on a FOB basis amid increased demand and restrained sales by farmers, as well as the devaluation of the national currency against the dollar.

“Individual export-oriented companies declared lower prices due to the lack of need to urgently form volumes to fulfill previously concluded contracts,” the agency stated.

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Romania has acquired operator of Giurgiulești port in Moldova

The Romanian government has announced the acquisition of 100% of the shares of Danube Logistics, the operator of the Giurgiulești International Free Port in the Republic of Moldova, from the European Bank for Reconstruction and Development (EBRD).

The Moldovan Ministry of Economy has confirmed the legality of the transaction, emphasizing that it concerns only the private port operator and does not affect state-owned land. Final approval of the price is expected on February 11, 2026.

The Romanian side plans to invest more than €24 million in the modernization and development of Giurgiulești’s infrastructure: the goal is to integrate the port into Romania’s logistics network, expand its capacity, and strengthen the region’s role in the Danube and Black Sea transport corridors.

The port of Giurgiulești is located on a short section of Moldova’s access to the Danube, near the border with Romania and Ukraine, and is Moldova’s only port with access to sea and river routes.

The EBRD has previously noted the port’s strategic importance for Moldova’s foreign trade (over 70% of water import and export flows) and its potential as a hub that could be in demand for regional logistics, including future projects to rebuild Ukraine.

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Volume of cargo transshipment through Ukrainian ports fell to 76.1 mln tons in 2025

The total volume of cargo handled by Ukraine’s water logistics in 2025 decreased to 76.1 million tons, according to Deputy Prime Minister for the Restoration of Ukraine – Minister of Community and Territorial Development Oleksiy Kuleba, which is 21.7% less than the previously announced results for 2024.

“In 2025, water logistics remained one of the key areas of export and import. The total volume of transshipment through water logistics for the year amounted to 76.1 million tons of cargo, of which 67.8 million tons were provided by the ports of Greater Odessa,” Kuleba wrote on Telegram on Wednesday.

Based on data for 2024, the reduction in transshipment in the ports of Greater Odessa amounted to 15.1%.

As Kuleba noted, since the launch of the maritime corridor in August 2023, 163 million tons of cargo have been transported, including 100 million tons of agricultural products.

The deputy prime minister specified that more than 8.2 million tons of cargo were transshipped through the Danube ports of Izmail, Reni, and Ust-Dunaysk during the year, while in 2024 this figure was 17.3 million tons.

Kuleba noted that the Ukrainian Danube Shipping Company saw a 3.8-fold increase in the average number of caravans, a 43% increase in average monthly transport volumes, a twofold increase in the share of return cargo, and a 1.5-fold reduction in operating losses.

Separately, the Deputy Prime Minister for Recovery added that the port of Chornomorsk has begun preparing public-private partnership projects with a potential investment of up to $300 million.

In addition, $35 million in grant funding has been attracted under the RELINC program for the development of Danube ports and inland waterways, as well as EUR50 million in EU funding for the modernization of port and logistics infrastructure, Kuleba emphasized.

In 2023, Ukrainian seaports handled 62 million tons of cargo, of which 56.3 million tons were for export.

In 2024, according to the State Enterprise “Administration of Seaports of Ukraine,” Ukrainian ports handled 97.2 million tons of cargo.

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