Business news from Ukraine

Business news from Ukraine

Ukrainian ports increased transshipment volume to 60 mln tons

In January-July 2024, Ukrainian ports increased their transshipment volume by 1.7 times compared to the same period in 2023 – up to 59.9 million tons, according to the Ukrainian Sea Ports Authority (USPA).
“According to the operational data of USPA for January-July 2024, the ports of Ukraine handled 59.9 million tons of cargo, compared to 34.4 million tons in 2023,” the USPA said on its Facebook page on Monday.
In July, 7 million tons were handled, the same as in June. This figure exceeds the volume handled by ports in July 2023 by 2.2 times.
More than half (4.2 mln tons) was accounted for by agricultural products exported to 46 countries.
Earlier it was reported that amid an increase in transshipment volumes in the Black Sea ports and a decrease in the Danube ports in January-June 2024, Ukrainian ports increased transshipment volumes by 1.6 times compared to the same period in 2023, to 53 million tons.

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Ukrainian ports almost doubled cargo handling

Ukrainian ports handled 37.7 million tons in January-April, up 1.7 times compared to the same period in 2023, the Ukrainian Sea Ports Authority (USPA) reported on Facebook on Wednesday.

In April, port operators handled 9.9 million tons of cargo in seaports, almost twice as much as in the same period in 2023, the USPA said in a statement.

It is indicated that the largest share in April is the processing of grain cargo – 6.3 million tons against 3.9 million tons in 2023.

The cargo turnover of the Black Sea ports, thanks to the Ukrainian sea corridor, amounted to 7.7 million tons in April, of which 5.1 million tons were the products of Ukrainian farmers, the report says.

Earlier it was reported that since August 2023, the sea corridor created by the Navy has exported almost 45 million tons of cargo to 44 countries.

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11 bulkers with foodstuffs leave Ukrainian ports

Eleven bulkers carrying nearly 178,000 tonnes of agricultural products left Ukrainian ports on Thursday after receiving permission from the Joint Coordination Center (JCC).

“The Joint Coordination Center (JCC) reports that eleven vessels left Ukrainian ports today carrying a total of 177,950 metric tonnes of grain and other food products under the Black Sea Grain Initiative,” the center said.

They include six Turkey-bound vessels: the White Star (7,800 tonnes of barley), the Magnolia (6,600 tonnes of sunflower oil), the Hasan G (6,500 tonnes of peas), the Mera (6,300 tonnes of sunflower oil), the Sea Star (4,950 tonnes of wheat), and the Anastasia (3,700 tonnes of wheat), it said.

The Silver Lady vessel is carrying 49,100 tonnes of wheat to Spain, the Falcon S 33,000 tonnes of corn to Romania, the Zhe Hai 505 is heading to Algeria with 28,500 tonnes of wheat on board, the Serenity Ibtihaj is carrying 27,200 tonnes of corn to Israel, and the Umit G is heading to Greece with 4,300 tonnes of wheat aboard.

“Grains that reach a destination may go through processing and be trans-shipped to other countries,” the JCC said.

“As of October 6, the total tonnage of grain and other foodstuffs exported from the three Ukrainian ports is 6,372,498 metric tonnes. A total of 584 voyages (302 inbound and 282 outbound) have been enabled so far,” it said.

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5 more vessels with grain preparing to leave Ukrainian ports

The Joint Coordination Centre (JCC) has authorized the movement of five more vessels carrying more than 85,000 tonnes of grain and other food from Ukrainian ports, the UN has reported.
“JCC has authorized the movement of five ships carrying a total of 85,110 tonnes of grain and food under the Black Sea Grain Initiative,” the report says.
The UN said that the Ascanios ship with 58,500 tonnes of corn is destined for Germany, the Mohamad Y ships carrying 11,000 tonnes of wheat and the Bellis carrying 6,000 tonnes of soybeans will travel to Israel. Two more vessels – Oris Sofi and Zelek Star – is transporting 5,900 tonnes of sunflower oil and 3,700 tonnes of peas to Turkey, respectively.
In addition, on Wednesday, the JCC completed the inspection of six vessels following to Ukrainian ports – Canopus, Helga, Lady Zehma, Melina, Michalis and Sealock, as well as three vessels from Ukraine – Kubrosli, Maranta, Great Arsena.
They all were confirmed to sail, the UN said.
The joint inspection teams are scheduled to conduct the following inspections on Thursday: five inbound vessels moving to Ukrainian ports – Golden Yara, Irmgard, Simas, Lady Aillar, Queen Sara, and one outbound vessel – Kafkametler.
“As of August 24, the total tonnage of grain and other foodstuffs exported from three Ukrainian ports is 769,986 tonnes,” the report says.
On July 22, in Istanbul, with the participation of the UN, Ukraine, Turkey and Russia, two documents were signed on the creation of a corridor for the export of grain from three Ukrainian sea trade ports – Chornomorsk, Odesa and Pivdenny.

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Another 4 ships loaded with food depart from Ukrainian ports

A convoy of four ships loaded with food departed from two Ukrainian ports on Wednesday, the Anadolu agency said with the reference to the Turkish Defense Ministry.
The ships, carrying sunflower oil, oil cake and corn, sailed out of Odesa and Chornomorsk, the ministry said.
On July 22, Russia, Turkey, Ukraine and the United Nations signed two documents to create a corridor for grain exports from three Ukrainian seaports: Chornomorsk, Odesa and Pivdenny. The parties also established the joint coordination center monitoring food supplies that brings together representatives of Russia, Turkey, Ukraine and the UN.
In all, 25 ships loaded with food have departed from Ukrainian ports since August 1 consistent with the agreement.

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5 ships loaded with grain leaving Ukrainian ports

Five ships loaded with grain, including corn and wheat, departed Ukrainian ports on Tuesday, the Anadolu news agency reported with reference to the Turkish Defense Ministry.
Two ships left Pivdenny port and three others Chornomorsk port, it said.
The Joint Coordination Center in Istanbul is also set to inspect four vessels en route for Ukraine to be loaded with grain on Tuesday.
Participants in four-sided negotiations (the United Nations, Russia, Turkey, and Ukraine) signed two documents in Istanbul on July 22 regulating the functioning of a sea corridor for exporting grain from the Ukrainian seaports of Odesa, Chornomorsk, and Pivdenny.

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