Kherson and Olvia grain ports to begin Ukraine concessions

Since August 2023, over 36 million t of cargo have been exported via the Ukrainian sea corridor, surpassing the figures of the Grain Initiative’s inaugural year.

Russia’s vice-premier Marat Khusnulin anticipates that Mariupol alone could handle as much as 1 million tons per annum of various cargoes in 2024.

A total of 5.2 million tons of cargo were transported through port stations in February 2024, and 2.6 million tons through western border crossings.

Italy-based Bedeschi has reported an agreement to supply equipment for a new grain terminal in the port of Chornomorsk, Ukraine.

Yuzhny, Ukraine’s deepest and second largest port (after Odessa), has lately become a focus of attention in the country’s port sector.

Nibulon, one of Ukraine’s leading grain traders, is to invest up to US$2B within the next decade to upgrade Egypt’s grain storage and transport infrastructure. The large-scale investment will be split over four stages, under an agreement reached this year with Egypt’s Ministry of Supply and Internal Trade.