As the discussions over a lasting ceasefire
continue to make the headlines, Ukraine’s Black Sea ports and terminals are
showing a resilience in their operations despite the continued attacks on its
facilities. In the latest round of talks a ceasefire in the Black Sea was
agreed, but Russian president Vladimir Putin has introduced what some
call “stalling tactics” by requiring Europe to lift Russian sanctions before the ceasefire enters into force.
European leaders
have so far declined to lift sanctions, saying it is not the right time for
such a move, and over the weekend it has emerged that US president Donald Trump is losing patience with
Putin, and is considering secondary sanctions. Meanwhile, trade on the Black
Sea has continued to grow according to Odessa-based transport consultancy
Informall. Regional Ukrainian ports
increased volumes by more than 77% in 2024 as the success of Black Sea
operations was translated into on the water freight exports and imports from
the southern Ukrainian cluster of terminals...Analyst at Informall,
Alexander Khromov, told Seatrade Maritime News: “To my mind, the Black Sea deal
will not have a severe impact on shipping in Ukraine; it seems like it is needed
to show a quick win for Trump to the world. The only positive momentum of that deal may be increased security for
vessels and lower risks of them being shelled, however, no one knows how the
situation will develop...According to Informall, the impetus for developing
the humanitarian corridor following Russia’s suspension of the grain corridor,
came from a small local freight forwarder who deployed a small fleet of vessels
to tranship containers between the Romania’s Constanta port and Ukraine's Chornomorsk
port, south of Odessa.Such was the success of the forwarders’ services
that Maersk and MSC also recognised the potential of the trade and
deployed their own vessels in support of the export trade, primarily...Informall
acknowledges that the current volumes do not compare with the pre-war levels of
freight handling, but the company understands that the latest data shows a
significant increase and points to a better future.
“We understand that Washington needs to show to the US quick wins at the global scale, with the most modest efforts. A Black Sea deal is such a case. But actually, Ukraine’s humanitarian corridor successfully operated from immediately after the grain corridor, brokered by the UN and Türkiye was halted [in mid-2023]. Our assumption is the current deal, brokered by US, will add certain security and sustainability to an already existing arrangement,” said Vassily Vesselovsky, CEO and chairman at Informall.