Ukraine exported 40 million tons of cargo via the sea corridor

Since August 2023, Ukraine has exported almost 40 million tons of cargo, including 26 million tons of grain, through the sea corridor created by the Navy. This was announced by Deputy Prime Minister for Recovery and Minister of Community, Territorial and Infrastructure Development Oleksandr Kubrakov at the US-Ukraine Partnership Forum 2024, the Ministry of Recovery said on Facebook.

In January-March 2024, the ports of the Danube cluster handled more than 5.6 million tons of cargo, including 4 million tons for export, which is 16% less than in the same period last year.

Kubrakov also said that Ukraine is creating new and expanding existing land border crossings along the western border.

According to the Deputy Prime Minister for Recovery, the country feels the support of the US Government and the American private sector. He reminded that the US Export-Import Bank has preliminarily approved a $156.6 million loan for the purchase of 40 diesel locomotives for Ukrainian Railways.

Kubrakov emphasized that Ukraine seeks to partner with American businesses to ensure Ukraine’s economic stability.

«We are working to ensure that Ukrainian exports get to global markets, and that Ukraine not only retains but also creates new jobs. All of these are key components of our economic resilience in the face of growing Russian military aggression,» the Vice Prime Minister said.

As GMK Center reported earlier, Ukrainian ports of the Danube cluster handled a record 29 million tons of cargo in 2023, including 1.7 million tons of ore. This is a 2-fold increase compared to the previous year and a 6-fold increase by 2021. The number of vessels handled last year doubled to 13.04 thousand units.

  • Global Market

Iron ore prices have been mostly stagnant since early June

At the beginning of June 2025, the iron ore market remains uncertain, with signs of…

Monday June 16, 2025
  • Society

Metinvest Polytechnic celebrates its fifth anniversary

Ukraine's first non-state iron and steel university, Metinvest Polytechnic, is celebrating its fifth anniversary. This…

Monday June 16, 2025
  • Companies

Tata Steel aims to achieve circular production in the next 10-15 years

Tata Steel, a metallurgical company that implements low-carbon steel production technologies in India and Europe,…

Monday June 16, 2025
  • Companies

Zaporizhstal invests UAH 75 million in modernization of power equipment at CHPP

The Zaporizhstal Iron and Steel Works, part of the Metinvest Group, has begun a series…

Monday June 16, 2025
  • Global Market

EU adjusts safeguard measures for certain categories of steel

The European Union has officially notified the World Trade Organization (WTO) of proposed adjustments to…

Monday June 16, 2025
  • Companies

Italian government and Arvedi sign agreement on environmental modernization of AST

In Rome, at the Italian Ministry of Enterprise and National Production (MIMIT), a long-awaited agreement…

Monday June 16, 2025