Business news from Ukraine

Business news from Ukraine

ACCIDENT OF CONTAINER SHIP EVER GIVEN IN SUEZ CANAL HAS NO IMPACT ON UKRAINIAN SHIPMENT

The accident of the container ship Ever Given in the Suez Canal, which ran aground and blocked the movement of ships, did not affect the rhythm of the shipment of Ukrainian exports, Stark Shipping has said on Monday.

“Loaded bulk carriers from China do not go to Ukraine, and empty ships do not come from those directions that require passage through the Suez Canal,” the press release said, citing company’s Director for Business Development Andriy Sokolov.

According to him, imports by bulk carriers to Ukraine (in particular bauxite), which are washed and then loaded, also do not pass through the Suez Canal.

According to the company, eight vessels with the cargo of Ukrainian companies such as Nibulon, Cargill, Metinvest, ArcelorMittal got stuck in the Suez Canal. Among the cargo: corn, wheat, iron ore and metal products. Most of them go to China. In general, more than 680,000 tonnes of Ukrainian exports got blocked.

As reported, Egyptian President Abdel Fattah el-Sisi on Monday, March 29, announced that the operation to unblock the Suez Canal has been successfully completed.

Stark Shipping is one of the largest shipping agents in Ukraine and provides services in all Ukrainian ports, serves more than 700 ship calls per year, working with international companies operating in the Black Sea ports.

IN UKRAINE NUMBER OF CAR ACCIDENTS CAUSED BY SPEEDING GROWS BY 20%

Speeding was the main reason behind traffic accidents in which people were injured or killed in Ukraine in January-June 2019, and the number of such accidents was 2,359, or 19.9% more than in the same period of 2018, the Motor (Transport) Insurance Bureau of Ukraine (MTIBU) has said.
According to the report, there was also an increase in the number of accidents caused by dangerous maneuvers (+ 22.4%), drunk driving (+35.1%) and due to overtaking (+18.9%).
The press release, referring to official data from the National Police, also notes that more than 73,145 road accidents were recorded in the first half of 2019, which was 6.4% more than in the same period last year.
The number of fatal car accidents grew by 8.2%, to 10,781. In such accidents, 1,455 people were injured (+5.5%) and 1,331 people were killed (+7.6%).
In the first half of 2019, insurers concluded more than four million OSAGO contracts (on compulsory insurance of vehicle owners’ civil liability), or 3% more than in the same period of 2018. The amount of accrued insurance payments grew by 11.2%, to more than UAH 2.4 billion.
The number of settled claims for insurance compensation grew by 8.5%, to 67,200. The amount of insurance claim fee payments on insurance contracts grew by almost 12.9%, to more than UAH 1.2 billion.
The number of settled claims using European road accident record forms grew by almost 22%, to 21,700. The amount of payments made under European road accident record forms rose by 27.7%, to over UAH 202 million.