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sea transportation - Latest news GMK Center

Photo – Chinese traders plan to continue steel supplies via the Red Sea
Chinese traders plan to continue steel supplies via the Red Sea

On March 6, a ship carrying Chinese metal products was attacked by the Houthis

Photo – About 30 million tons of cargo passed through the Ukrainian sea corridor
About 30 million tons of cargo passed through the Ukrainian sea corridor

Domestic products are now exported to at least 38 countries

Photo – Record 8 million tons of cargo exported via the Ukrainian sea corridor in February
Record 8 million tons of cargo exported via the Ukrainian sea corridor in February

5.2 million tons of this volume were produced by Ukrainian farmers

Photo – Unity Facility insurance in the maritime corridor extended to all cargoes
Unity Facility insurance in the maritime corridor extended to all cargoes

Cargo insurance option is already available and triples this mechanism

Photo – Exports via the Ukrainian sea corridor reached 26 million tons
Exports via the Ukrainian sea corridor reached 26 million tons

As of February 23, the ports of Great Odesa were waiting for 111 more ships

Photo – There are legal gaps in protection against military risks of maritime transportation – experts
There are legal gaps in protection against military risks of maritime transportation – experts

The lack of legal certainty is due to the use of two mechanisms of guarantees to cover losses at different times

Photo – Ukrainian sea corridor performance for half a year
Ukrainian sea corridor performance for half a year

Two thirds of export cargo through the ports of Greater Odesa are agricultural products

Photo – Over 20 million tons of cargo were exported via the Ukrainian sea corridor
Over 20 million tons of cargo were exported via the Ukrainian sea corridor

In January 2024, 6.3 million tons of products were exported from the ports of Greater Odessa

Photo – Dry bulk prices show volatility at the beginning of the year
Dry bulk prices show volatility at the beginning of the year

The shipping crisis in the Red Sea affects global trade, but has not yet significantly affected the transportation of steel products

Photo – Сargo transshipment in Ukrainian ports increased by 5% y/y in 2023
Сargo transshipment in Ukrainian ports increased by 5% y/y in 2023

5.9% of the total cargo turnover was the transshipment of iron ore – 1.9 million tons

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