During the year, Ukraine exported more than 60 million tons of products through the sea corridor: Ministry of Reconstruction
The temporary sea route was created after Russia blocked the passage of ships through the former "grain corridor".
From August 16, 2023 to August 16, 2024, Ukraine exported 64.4 million tons of products through its sea corridor, of which 43.5 million tons were agricultural products. About this reported press service of the Ministry of Community Development, Territories and Infrastructure.
“During the year of operation of the temporary sea route, also known as the “Ukrainian Corridor”, 2,379 vessels delivered Ukrainian goods to 46 countries of the world. The total volume of cargo turnover was 64.4 million tons, of which 43.5 million tons were products of Ukrainian farmers”, – the message states.
Photo: mtu.gov.ua
The temporary sea route was created after Russia blocked the passage of ships through the previous “grain corridor”. Unlike the “grain corridor”, the new sea route allows transporting not only agricultural products.
The Joseph Shulte was the first vessel to use this sea route established by the Armed Forces of the Russian Federation for merchant vessels on August 16 last year. From March 15, 2024, the Ukrainian corridor, which passes through the ports of Great Odesa, began to work around the clock, which made it possible to increase the export of agricultural and other products by 20%.
Currently, there are two main risk insurance instruments for shipowners whose vessels are bound for or from seaports of Ukraine. The first is an insurance mechanism provided by the world’s leading insurance companies and banks with the support of the UK Government. The second is guarantees of compensation for damage to charterers, operators and owners of vessels during their stay in the territorial waters of Ukraine.
