It has become much more difficult for Russia to export grain by sea.

Friday, August 11, 2023
It has become much more difficult for Russia to export grain by sea.

Russian grain exporters are facing difficulties after Ukraine’s strikes on the Kerch bridge and Russian warships in the port of Novorossiysk. Russian marine terminals on the Sea of Azov have already stopped receiving grain from suppliers due to storage facilities being near capacity, reports Bloomberg. As a result, queues of trains that cannot unload have formed near the Azov terminals.

Market analysts say this problem is growing because almost all port grain storage capacities are occupied. Ships departing from Russian ports on the Sea of Azov usually transship grain onto larger vessels in the Kerch Strait, which then take it across the Black Sea to final buyers.

But Russia restricted shipping through the strait for security reasons after the attack on the Kerch Bridge. Last weekend, Kyiv also attacked a Russian oil tanker near the Kerch Strait. This may force some shipowners to be more careful when entering Russian Federation ports on the Black Sea.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
German media notes the return of private investors to Ukraine.

German media notes the return of private investors to Ukraine.

Next post
Ukraine has established temporary corridors for merchant ships from the ports of Odesa.

Ukraine has established temporary corridors for merchant ships from the ports of Odesa.

Previous Main Topics