UkrRichFlot develops own grain export infrastructure

Ukraine’s dry bulk exports are expected to drop in 2025 due to a 19% decrease in maize yields, contributing to stagnation in global grain shipments.

Grain and cereal arrivals from Ukraine at the Port of Valencia increased by 123% in the first half of 2024, signalling a recovery from war-related disruptions.

Grain exports from the US are projected to increase 12% in 2024, driven by a rebound in maize shipments, aided by normal Mississippi River water levels.

In April 2024, Ukraine’s grain and oilseed exports reached a record 6.6 million tonnes, highlighting the success of its Black Sea shipping corridor.

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.