Deep Ports News Today

railways. we start with the war in ukraine, and russia is denying that its invasion has caused a global food crisis, despite the fact that weve seen soaring wheat prices driven by the collapse of ukrainian exports. its foreign minister, sergey lavrov, is in the turkish capital, ankara, for talks with his turkish counterpart — mevlut cavusoglu. on the agenda — creating a potential sea corridor for ukrainian agricultural exports. throughout the war, russia has been blockading black s...

Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..

— ukraine itself exported up to 6 million tonnes of grain every month. but in recent months, that volume has fallen to abouti million tonnes. before the war, 90% of ukraines exports left via deep ports in the black sea, which can load tankers large enough to travel long distances and still make a profit. but these routes are now closed and the main port of odesa remains blocked. more than 20 million tonnes of grain are stuck in ukraine, awaiting shipment, and ukrainian president volodymyr zele...