The launch of the sea corridor has opened new markets for Ukrainian exporters. The introduction of the Ukrainian Black Sea Corridor in 2023 significantly impacted the geographical structure of goods exports. It enabled the resumption of deliveries to traditional destinations in ... #BlackSeaCorridor #SeaExport #UkraineEconomy #UkraineExport #UkraineMaritimeCorridor
Ukrainian seaports handled a record 97.2 million tons of cargo in 2024; over 9,000 vessels passed through the Black Sea corridor. Ukrainian seaports processed a record 97.2 million tons of freight in 2024, exceeding 2023’s figure by 57%, the Ministry of Community Development reported. Ukrainian ports are a key link for exp... #agroexportukraine #BlackSeaCorridor #UkraineExport #UkraineMaritimeCorridor #UkraineSeaPorts
Analysts predict Ukraine’s real GDP growth will be about 3% in 2025. Ukraine demonstrated moderate economic growth in 2024 at 3.8%, and real GDP growth in 2025 will be approximately 3%, according to the Institute for Economic Research (IER). Access to the Ukrainian Sea... #BlackSeaCorridor #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #UkraineExport #UkraineFacility #UkraineImport
Exports through the Ukrainian Sea corridor have become easier with the participation of more insurance companies. The export of Ukrainian grain through the Black Sea has been simplified by the increasing number of insurance companies operating in this market, said Oleg Kiper, the head of the Odesa Regional State ... #agroexportukraine #blacksea #BlackSeaCorridor #OlehKiper #UkraineMaritimeCorridor #UkrainianShipInsurance
The Ukrainian maritime corridor has exported more goods than the UN-brokered grain agreement. Thanks to the sea corridor secured by the Ukrainian Armed Forces, Ukraine has already managed to export more goods than it did in the same amount of time within the framework of the Grain Agreement si... #agroexportukraine #BlackSeaCorridor #GrainCorridors #SeaExport #ВідвантаженнятоварівУкраїна
Ukraine exported record volumes during the war, and for the first time, a ship has been insured against war risks. Domestic producers exported 12 million tons of products in January, two million tons less than in pre-war January 2022. The Ministry of Economy noted that 8.7 million tons were exported by sea. As Min... #BlackSeaCorridor #MilitaryRiskInsurance #UNITYinsurance #YuliyaSvyridenko #ВідвантаженнятоварівУкраїна
ICU analysts explain what exactly ensured the growth of Ukraine’s economy by 5% last year. Ukrainian GDP growth of almost 5% resulted from stabilization following the previous year’s drop of 29.1%, ICU group analyst Vitaly Vavryshchuk said. “Additional investments or infrastructure pr... #BlackSeaCorridor #financialaidforUkraine #ICU #UkraineBudget #UkraineEconomy #VitalyVavryshchuk
Export from Ukrainian ports is growing and bringing billions to the economy. As of January 29, dozens of ships were loading in the ports of Odesa. Agricultural products are exported the most, and metallurgy accounts for a significant portion. Nine vessels were in the port of O... #BlackSeaCorridor #OleksiySobolev #SeaExport #SeaPortsUkraine #SulinaCanal #UkraineEconomy #ВідвантаженнятоварівУкраїна
Ukraine has significantly increased its exports by sea, but freight has become more expensive. Vessels with a combined deadweight of 8.8 million tons entered Ukrainian seaports in December 2023, 92% more than in November. Because of the temporary sea corridor’s operation, the proportion of tran... #agroexportukraine #BlackSeaCorridor #BlackSeaPort #SeaPortsUkraine #ВідвантаженнятоварівУкраїна
Ukraine’s allies recognize the importance of the Ukrainian maritime corridor and seek investment in its export capacity. Penny Pritzker, the US Special Representative for Ukraine’s Economic Recovery, believes that US support for the Ukrainian economy is no less critical for defeating the Russian Federation than military... #agroexportukraine #BlackSeaCorridor #PennyPritzker #ВідвантаженнятоварівУкраїна
14 export credit agencies provide guarantees to businesses for investment in Ukraine, said Prime Minister Denys Shmyhal. Ukraine, together with MIGA (The Multilateral Investment Guarantee Agency) and the DFC (The US International Development Finance Corporation), are implementing an in... #BlackSeaCorridor #DenysShmyhal #DFC #InsuranceUkraine #MIGA #UkrainianShipInsurance
State banks have begun to insure vessels that export goods through the sea corridor. State-owned Ukreximbank and Ukrgasbank, at the request of the Export Credit Agency, issued letters of credit for $10M each in favor of a pool of 14 British insurance companies to reduce the cost of in... #BlackSeaCorridor #ExportCreditAgency #InsuranceUkraine #UkrainianShipInsurance #Ukreximbank #Ukrgasbank
Ukraine increased the total volume of its exports by 112,000 tons. In 2023, Ukraine increased exports by 112,000 tons to almost 100 million tons of goods. At the same time, in value terms, the indicator fell by 18.7% to $35.8B. Despite the general decline in the expo... #BlackSeaCorridor #BorderBlockade #UkraineForeignTrade #UkraineTrade #ВідвантаженнятоварівУкраїна
Ukraine is strengthening the security of its maritime exports with the help of ship insurance and by reducing the military threat from Russia. Ukraine, the UK, and international insurance companies, with the participation of Marsh, an insurance broker that is part of Oliver Wyman, have created a special, unprecedented insurance mechanism for... #BlackSeaCorridor #GrainCorridors #MilitaryRiskInsurance #OliverWyman #UkrainianShipInsurance #ВідвантаженнятоварівУкраїна
Romania is further increasing Ukrainian agricultural exports through the Black Sea. Among their steps is the creation of an anchorage in the port of Constanta, the construction of which is planned to be completed in March 2024, said the general director of The Ukrainian Danube Shippi... #agroexportukraine #BlackSeaCorridor #ConstantaPort #DanubeShippingCompany #DmytroMoskalenko
Since the beginning of the war, Ukraine has changed the geography of its agricultural exports. Since the beginning of the full-scale war with Russia, Ukraine has been forced to change the geography of its agricultural exports, as a result of which the European share in January-October 2023 reac... #agroexportukraine #agroUkraine #BlackSeaCorridor #GrainCorridors #Ukrainiangrainexport
The UK will help Ukraine make insurance for ships in the Black Sea more affordable. Ukraine and the UK have agreed on a special mechanism for the insurance of military risks during exports through the Black Sea corridor, Prime Minister of Ukraine Denys Shmyhal said. As he clarified, ... #BlackSeaCorridor #DenysShmyhal #MilitaryRiskInsurance #UkrainianShipInsurance #ВідвантаженнятоварівУкраїна
Ukraine’s sea exports are under threat: the Russians targeted a civilian ship entering an Odesa seaport. On November 8, the Russians attacked a port in Odesa with a Kh-31P missile and hit the Philippine bulk carrier Kmax Ruler under the flag of Liberia. As a result of the attack, the maritime pilot, a ci... #BlackSeaCorridor #CivilianShipAttack #Odesa #OdesaSeaport #RussianAttack
Grain export decreased by 30% despite regular movement of ships to and from ports, 25% lower freight rates, and cheaper insurance. Since the beginning of the new marketing season, Ukraine has exported 7.8 million tons of grain and leguminous crops, which is 3.73 million tons, or 32.3%, less than in the same period last year. Duri... #agroexportukraine #BlackSeaCorridor #BlackSeaPorts #UkraineGrainExport
Kyiv has regained control over trade in its Black Sea ports. Despite Russian threats, a steady stream of ships is transporting grain and metals from Ukraine a month after the first vessel passed through a new shipping corridor in the Black Sea. According to Blo... #BlackSeaCorridor #BlackSeaPort #GrainCorridors #ВідвантаженнятоварівУкраїна
Ukraine is working with the US and UK to reduce the insurance cost for cargo owners moving through the maritime corridor. Completely restoring the entire operation of Ukraine’s deep-sea ports is the fastest way to improve the economic situation, said Minister of Infrastructure Oleksandr Kubrakov. “In this cas... #BlackSeaCorridor #MilitaryInsurance #OleksandrKubrakov #UkrainianShipInsurance #ВідвантаженнятоварівУкраїна
Ukraine has put forward proposals for the launch of a sea corridor to export grain at full capacity. The Minister of Foreign Affairs of Ukraine, Dmytro Kuleba, believes that the operation of a maritime corridor to export Ukrainian grain without the participation of the Russian Federation is quite rea... #BlackSeaCorridor #DmytroKuleba #GrainExportUkraine #TarasVysotskyi
Three more dry cargoes have left Ukrainian ports. On the morning of October 1, ships loaded with grain and ore used the temporary sea corridor and left the ports of Chornomorsk and Pivdenny. At the same time, five more ships are moving to Ukrainian p... #BlackSeaCorridor #UkrainianPorts #WarinUkraine #ВідвантаженнятоварівУкраїна
Cargo vessels will arrive through a temporary corridor to load grain in Ukraine, and the Puma has left the Ukrainian port. According to Minister of Infrastructure Oleksandr Kubrakov, the bulk carriers Resilient Africa and Aroyat have confirmed their readiness to use the entrance route to the port of Chornomorsk to load al... #BlackSeaCorridor #GrainCorridors #MilitaryRiskInsurance #OleksandrKubrakov #ВідвантаженнятоварівУкраїна
Previously trapped in Ukrainian ports, two more ships have left through the temporary sea corridor. As the Ministry of Infrastructure reported, the bulk carriers Anna-Theresa (Liberia flag) and Ocean Courtesy (Marshall Islands) departed from the Southern port in the direction of the Bosphorus. On bo... #BlackSeaCorridor #PivdennyiSeaPort #SeaPortsUkraine #ВідвантаженнятоварівУкраїна
Britain will not ease sanctions against Russia in exchange for a grain export corridor. The Minister of Defense of the United Kingdom, Ben Wallace, rejected the idea of easing sanctions against Russia in exchange for a grain export corridor through Ukraine, reported Reuters. Earlier on... #BenWallace #BlackSeaBlockage #BlackSeaCorridor #RussianAgression
