Icon
Come back

1 min

15 Mär. 2024

3008

Ferry and container traffic is returning to Ukraine: how will this affect the economy?

Transport
Popular
Ukraine
Ferry and container traffic is returning to Ukraine: how will this affect the economy?

Container traffic will soon return to the Ukrainian sea corridor in the Black Sea. This is an important step for the Ukrainian economy. Find out exactly when such transports will start and what the authorities are saying about it

More useful news in our Telegram channel
More useful news in our Telegram channel
FOLLOW


After the end of the grain deal last year, Ukraine launched its own temporary sea corridor, which made it possible to transport various types of goods. Recently, the Ukrainian corridor has received permission to operate around the clock, and ferry and container traffic is expected to resume soon.


"The corridor still has (the potential for) at least a 20% increase in volumes," Deputy Minister of Community Development, Territories and Infrastructure Yuriy Vaskov said, Interfax-Ukraine reports.


He noted that in February, the corridor reached a record volume of exports and imports - 8 million tonnes, of which 60-65% were agricultural products, while the rest were ore, metals, and fertiliser imports.


When will ferry and container shipping start?


According to the deputy minister, the first container shipments through the Ukrainian sea corridor could be carried out within two to three weeks.


"All five container terminals are ready to handle (containers - ed.). Almost all of them are involved in transshipment of agricultural and other products. But containers are a priority, and they are negotiating. I hope that in two to three weeks we will get the first steps," he said.




Visit Ukraine on social media: Telegram | YouTube | Instagram | Facebook | Twitter | TikTok




The Ministry also hopes to resume road ferry service within two weeks, and rail ferry service in two months.


According to Vaskov, container services between Ukraine and Romania from the port of Reni and between Romania and Turkey from the port of Izmail are already operating in the Danube ports.


What does this mean for the economy?


According to Ekonomichna Pravda, container shipping is very important for Ukraine. There are four container terminals in Odesa ports, which used to be operated by lines of global logistics giants: Maersk, MSC, CMA CGM, COSCO, says Artem Volkov, head of maritime law practice at ANK Law Firm. Most of the imported goods that Ukrainians encountered on store shelves were imported through them.


"Almost all categories of goods were imported through the seaports of the southern region: from ceramic tiles and household appliances to tableware, textiles and gifts. A relatively small part of the imports produced in the EU was imported by road," Epicentr said in a comment to the publication.


We remind you! In 2023, Ukrainians adapted to the new conditions and once again showed resilience. In particular, there have been changes in consumer behaviour during the second year of the full-scale invasion. Read here to find out what Ukrainians spend their money on and what their shopping priorities are.


Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.




Our recommendation for a safe and comfortable trip: 


Visit Ukraine Insurance - insurance for a safe stay abroad without unnecessary expenses;

Green Card - compulsory car insurance for traveling abroad;

Visit Ukraine Tickets - book tickets for buses, trains, and airplanes to/from Ukraine and between cities around the world;

Private Lawyer service - professional legal support on visa and migration issues;

Visit Ukraine Merch - buy patriotic clothing and accessories with worldwide delivery.




© 2018-2023, Visit Ukraine. Use, copying or reprinting of materials on this site is permitted only with a link (hyperlink for online publications) to Visit Ukraine.

All rights reserved.

Recommended articles

2 min

Popular Blockade of Ukraine's border: what is happening now and is there a threat to military supplies

Blockade of Ukraine's border: what is happening now and is there a threat to military supplies

Polish protesters continue to block the Ukrainian border over agrarian disagreements with Ukraine. However, the Poles' actions have gone far beyond simply blockading grain. Find out how the protests will affect prices in Ukraine and what the Ukrainian government is proposing for a solution

23 Feb. 2024

More details

2 min

Transport Ukraine consults with the US and EU on airspace opening: what is known?

Ukraine consults with the US and EU on airspace opening: what is known?

The Ukrainian government is submitting applications to European and American safety regulators to confirm its plan to reopen the airspace. Find out what steps are being taken to resume flights and when it will be possible

26 Feb. 2024

More details

2 min

Popular Record profits of Polish airlines became possible thanks to Ukrainians: details

Record profits of Polish airlines became possible thanks to Ukrainians: details

In 2023, 10 million passengers and 1 billion in revenue would not have been possible without Ukrainians, as they account for a significant share of passenger traffic at Polish airports. Find out more about how Ukrainian citizens helped Polish carriers and why the airline development strategy takes into account the interests of Ukraine

02 Mär. 2024

More details

2 min

Transport Polish farmers blocked one of the checkpoints with Slovakia: what is the situation on the border

Polish farmers blocked one of the checkpoints with Slovakia: what is the situation on the border

On March 15, Polish farmers restricted the operation of one of the checkpoints on the border with Slovakia. This caused significant changes in traffic between the two countries. Find out more about how long the protest will last and the situation on the Ukrainian border

15 Mär. 2024

More details