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sea transportation - Latest news GMK Center

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

Photo – UDP delivered 5 barges with Ukrainian iron ore to Serbia
UDP delivered 5 barges with Ukrainian iron ore to Serbia

On the way back, the caravan will pick up grain and head to the Romanian port of Constanta

Photo – Turkiye, Bulgaria and Romania signed an agreement on demining the Black Sea
Turkiye, Bulgaria and Romania signed an agreement on demining the Black Sea

The initiative aims to make shipping safer, in particular for ships transporting goods from Ukraine

Photo – Ukraine increased exports by sea transport by 30.7% m/m in December
Ukraine increased exports by sea transport by 30.7% m/m in December

In this period, the volume of exports by sea amounted to 7.34 million tons

Photo – Ship carrying POSCO steel products seized off the coast of Somalia
Ship carrying POSCO steel products seized off the coast of Somalia

The cargo on board was intended for Turkish buyers

Photo – Great Britain announced the creation of a naval coalition to help Ukraine
Great Britain announced the creation of a naval coalition to help Ukraine

Among the tasks of the coalition is ensuring the safety of civil shipping and the operation of the Ukrainian corridor

Photo – Shipowners are ready to take a reasonable risk of using the export corridor
Shipowners are ready to take a reasonable risk of using the export corridor

However, at the moment, it is actually impossible to assess the effectiveness of the mechanism of the insurance fund, which was introduced by the Cabinet of Ministers in the summer

Photo – 7 million tons of goods were exported through the Ukrainian sea corridor
7 million tons of goods were exported through the Ukrainian sea corridor

Since August, 200 vessels have passed through the corridor on their way out of the ports of Great Odesa

Photo – Vale transports iron ore for the first time in a biofuel-powered bulker
Vale transports iron ore for the first time in a biofuel-powered bulker

The move will help the company reduce its Scope 3 emissions

Photo – Ukraine reduced exports by road by 26.7% m/m in November
Ukraine reduced exports by road by 26.7% m/m in November

Exports by sea and river transport increased by 70.7% compared to October, by rail – decreased by 17.9%

Photo – EU will allocate €50 million to Ukraine for the restoration of port infrastructure
EU will allocate €50 million to Ukraine for the restoration of port infrastructure

Improvement of port facilities will accelerate the export of food and other goods

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