As Russia’s war in Ukraine deepens, bunkering activity has moved away from Russia as shipowners avoid Russian-origin cargoes and Russian companies are unable to secure letters of credit. With bunker prices reaching record highs, and volatility increasing across global oil markets in the wake of Russia’s invasion of Ukraine, there is a major shortage of .
Ukraine Bunker Volumes Steady in 2020
by Ship & Bunker News Team
Wednesday February 3, 2021 Ukraine bunker volumes were steady in 2020. File image / Pixabay Bunker sales in Ukraine remained steady during 2020 despite the economic headwinds caused by the coronavirus pandemic, local physical supplier
PMG Holding has told Ship & Bunker. Almost
11,000 international cargo vessels were serviced in Ukrainian ports during the year, PMG says citing data from Ukrainian Sea Ports Authority, with overall cargo volume down only
0.7% vs 2019. The performance will rightly be seen as a positive one particularly given the difficulties endured by the industry last year.
About the Ukraine Bunker Market Ukraine has 10 main ports in the Black Sea clustered together around the same bay area. Each port is independent and has its own individual targets. For example Odessa specialises in petrochemicals, metals and container flows, Yuzhny and Nikolayev are major grain exporters, while