Business news from Ukraine

Ukraine plans to resume sea ferry and container transportation in 2-3 weeks

15 March , 2024  

The first container transportation through the Ukrainian Sea Corridor may be carried out within two to three weeks, said Yuriy Vaskov, Deputy Minister of Community, Territorial and Infrastructure Development.
“All five container terminals are ready to handle (containers – IF-U). Almost all of them are involved in transshipment of agricultural and other products. But containers are a priority, and they are negotiating. I hope that in two or three weeks we will get the first measures,” he said at a roundtable discussion on the challenges facing Ukrainian foreign trade organized by the Center for Economic Strategy on Thursday.
According to his forecast, terminals and container lines will resume work in stages: “first the first line, then the second, and then the third.”
Moreover, Vaskov noted that feeder ships will start moving, and container lines will follow them if there are no incidents.
Vaskov added that the Ministry of Reconstruction also hopes to resume road ferry service within two weeks, and rail ferry service in two months.
According to him, rail ferry transportation covers all types of cargo, except for dangerous goods.
The deputy minister noted that container services between Ukraine and Romania from the port of Reni and between Romania and Turkey from the port of Izmail are already operating in the Danube ports.
Vaskov added that the Ukrainian Danube Shipping Company is also ready to transport containers up the Danube, but so far there have been no such shipments.
In total, he said, 1.8 million tons of cargo passed through the Danube in February, about 50% of the maximum reached in 2023, and together with the Ukrainian Sea Corridor, transportation in February reached almost 10 million tons, or 75% of the pre-war volume.