Romania will help Ukraine to increase grain exports through Black Sea

Romania will help Ukraine export grain by creating an anchorage in the port of Constanța, the construction of which is planned to be completed in March 2024.

Source: Dmytro Moskalenko, CEO of the Ukrainian Danube Shipping Company (UDP)

Quote: "An additional anchorage for Ukrainian agricultural products is planned to be launched in Constanța in March of next year. An agreement was reached in Romania at a meeting on increasing the export capacity of Ukrainian ports on the Danube," Moskalenko noted.

Moskalenko said that discussions on the creation of anchorages with Romanian counterparts began back in September. Currently, thanks to the opening of Odesa ports, the flow of agricultural products through the Danube has decreased. However, the question of the "backup" route for the export of agricultural products has not lost its relevance, and the Danube can once again become the main one.

Moskalenko emphasises that the Romanian authorities promise to conduct a tendering process and develop a regulatory framework in January and February to put the berthing area into operation in March.

In addition, an online queuing system for barge processing in Constanța was agreed upon with Romania, making work more predictable.

"Barge downtime in Constanța means additional costs for cargo owners and a catastrophic loss of fleet utilisation efficiency," Moskalenko explained.

Background: In 2023, Ukrainian ports on the Danube increased cargo handling by 2.2 times to 27.6 million tonnes compared to the same period last year.

Support UP or become our patron!