Ukraine surprises with Black Sea shipping volume

Nation

16 August 2024, 02:25 PM

Over the past year, Ukraine’s maritime corridor has seen more than 2,300 ships enter its Black Sea ports, exporting around 44 million tons of grain, with a total cargo turnover exceeding 64 million tons, according to Prime Minister Denys Shmyhal, as reported by Interfax-Ukraine.

In the first half of 2024, Ukrainian exporters increased their physical sales volumes by 35%, reaching pre-war export levels, Shmyhal said.

He attributed this achievement to three factors: the effective actions of security and defense forces in the Black Sea, a unique initiative for insuring military risks for commercial vessels, and the restoration and investment in Ukrainian port infrastructure.

Earlier reports indicated that Ukraine’s maritime corridor has moved to a 24/7 operational mode.

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