About 15 million tons of cargo exported through the sea corridor in 5 months

Almost 15 million tons of cargo have been exported through the Ukrainian sea corridor in 5 months of operation. This was announced by Oleksandr Kubrakov, Vice Prime Minister for the Reconstruction of Ukraine, Minister of Communities, Territories and Infrastructure of Ukraine.

Of these, 10 million tons are agricultural products, and another 5 million tons are other cargoes, including mining and metals.

Over the 5 months of the corridor’s operation, 469 new vessels have entered Ukrainian ports for loading. Currently, 39 vessels are being loaded in the ports of Odesa, Chornomorsk, and Pivdennyi. Another 83 vessels have confirmed their readiness to call at the ports and export 2.4 million tons of cargo.

In December 2023, Ukraine exported 7.34 million tons of cargo by sea. This figure is up 30.7% compared to November. Exports of semi-finished steel products increased by 40% m/m, flat products – by 45.3% m/m. Overall, in 2023, Ukraine increased its exports by sea by almost 1 million tons compared to 2022.

As GMK Center reported earlier, a temporary corridor to and from the ports of Great Odesa began operating in August 2023. In November, 14 vessels exported about 620,000 tons of iron ore and 140,000 tons of steel products from Odesa and Pivdennyi ports.

In October, the Ukrainian iron and steel industry exported approximately 507 thousand tons of iron ore (four bulk carriers from Pivdennyi) and 213.5 thousand tons of steel products (two vessels from Odesa) through the ports of Greater Odesa.

  • Companies

BYD has chosen voestalpine as its steel supplier for its Hungarian car plant

Chinese car manufacturer BYD has signed a strategic cooperation agreement with leading European steel producer…

Sunday June 29, 2025
  • Companies

Tenaris has begun construction of its second wind farm in Argentina

Tenaris has announced the start of construction of its second wind farm in Argentina, La…

Saturday June 28, 2025
  • Companies

Metinvest has created protective armor for Patriot air defense systems

As part of the Steel Front initiative, Metinvest Group has manufactured and installed special protective…

Saturday June 28, 2025
  • Companies

Arvedi Group raises €900 million to expand production and decarbonize

Italian steel company Arvedi Group has raised €900 million in financing to implement a large-scale…

Friday June 27, 2025
  • Global Market

Domestic demand for steel in China continues to fall

Domestic demand for steel in China, according to market participants' estimates, continued to fall in…

Friday June 27, 2025
  • Industry

Construction works performed in Ukraine in January-April fell by 13% y/y

The index of construction work performed in Ukraine in January-April 2025 decreased by 13% compared…

Friday June 27, 2025