Operation of Ukrainian sea corridor depends on insurance fund launch
Operation of Ukrainian sea corridor depends on insurance fund launch (photo: Vitalii Nosach, RBC-Ukraine)
The stable operation of the maritime export corridor made it possible to increase the transshipment of export cargo in Ukrainian ports by 22.8% to 41.7 million tons. At the same time, ship escorts and the launch of an insurance fund can increase cargo transshipment volumes and make maritime exports safer, states the research of the GMK Center.
Since the launch of the export corridor and up to the present period, cargo traffic through the export corridor has grown to a very significant size.
According to Oleksandr Kubrakov, First Deputy Prime Minister and head of the Ministry of Infrastructure, as of December 4, more than 7 million tons of cargo were exported from the ports of Pivdenniy, Odessa and Chernomorsk, of which almost 5 million tons were agricultural products.
“We have already reached an average export figure of about 2.7-2.8 million tons per month (as of September 16). This is the average monthly figure of the previously operating grain corridor. If the security situation does not deteriorate, I have a feeling that in a week’s time, cargo traffic through the new export corridor will exceed the average of the UN-operated corridor,” adds Andrii Klimenko, head of the Monitoring Group of the Institute of Black Sea Strategic Studies on the situation in Crimea and Black Sea region.
According to analytics, starting from August 8, 200 ships passed through the temporary corridor to leave the ports and 226 to enter. As of December 4, 31 ships were being loaded in the ports of Greater Odessa, and another 30 vessels were following the corridor in both directions.
