Ukraine enhances EU rail links

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.

Around 25 domestic and foreign investors have shown interest in the forthcoming concessions for the Ukraine Black Sea harbours of Kherson and Olvia.

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

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.