In January Ukrainian seaports handled 14.96 million tons of cargo, up 4.9 million tons (+49%)

Odessa, Ukraine (Ports Europe) February 3, 2022 - In January this year Ukrainian seaports handled 14.96 million tons of cargo, up 4.9 million tons (+49%) compared to the same month of 2021. In January, export cargo was 11.4 million tons (+46%); imports 2.67 million tons (+70.7%); transit 689,220 tons (+11.9%); and cabotage 192,950 tons (3.4 times more than in the same period of 2021). The largest share in January was grain cargo and ore at 6 million tons (2 times more than in 2021) and 3.06 million tons (+7%) respectively. Transshipment of ferrous metals amounted to 1.32 million tons (-3.1%). Coal transshipment in January increased 5.5 times and amounted to 865,000 tons. 82,042 TEU containers were processed, +8.4% more than in the same period of 2021. Almost all ports volumes of transshipment exceed indicators of last year: Pivdennyi 5.1 million tons (+37.9%), Mykolaiv 3.1 million tons (+57,9%), Chernomorsk 2.7 million tons (+90.3%), Odessa 1.8 million tons (+13%), SMP Olbia 811,200 tons (3.8 times more than in 2021), Reni 217,800 tons (4 times more than in 2021), Kherson 196,000 tons (+48.8%), and Berdyansk 136,900 tons (+67.8%). In particular, among all port operators, the performance of state stevedores also shows positive trends: ICC Yuzhny handled 1,310,000 tons of cargo in January. Freight turnover in January 2022 exceeds the result of the same month last year by 17%. Gosvidor handled 999 thousand tons of export cargo, 218 thousand tons of imported cargo and 93.3 thousand tons of transit. 94% (206 thousand tons) of imports are thermal coal for Ukrainian thermal power plants.SE "Odessa Port" - the overall financial result from the enterprise in January is expected to be positive, at UAH 20.5 million. This is UAH 16.5 million higher than envisaged in the financial plan. According to the results of January, the port fleet made a profit (UAH 2.5 million), and other divisions of the enterprise also operate with a positive financial indicator.SE "Mariupol ICC" fully complied with the cargo processing plan, processing 506,500 thousand tons of cargo per month. In particular, 400,200 tons of metal products were transshipped, construction cargo (export and import) - 43,900 tons, grain - 29,300 tons, imported coal - 25,900 tons, sunflower oil - 6,300 tons, other cargo - 700 tons. In December 2021, Kherson ICC and Olvia Stevedoring Company were transferred to the management of concessionaires. The total amount of investments in ports as a result of the concluded agreements will be about UAH 3.72 billion. Figures from Ukrainian Sea Ports Authority (USPA) Copyright (C) Ports Europe. All Rights Reserved. 2022.

In January Ukrainian seaports handled 14.96 million tons of cargo, up 4.9 million tons (+49%)

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In January Ukrainian seaports handled 14.96 million tons of cargo, up 4.9 million tons (+49%)

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Russian ports handled 743 mln tonnes of cargo Jan-Oct’24

Our Expert Analysis

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