Ukraine Seeks Baltic Ports for Grain Exports Amid Black Sea Disruptions
Ukraine is seeking alternative routes for grain exports due to disruptions in its Black Sea ports caused by the war. The country's agriculture ministry announced it is exploring the use of Baltic Sea ports, similar to Russia's move.
Russian companies have repurposed cargo terminals at their Baltic and Arctic ports to handle grain exports after Ukrainian drone attacks disrupted shipments through the Black Sea.
The majority of Ukraine's cargo, including grain, has been rerouted through its three Danube river ports since Russian attacks blocked its Black Sea ports, which previously handled 90% of exports.
This added about $50 per metric ton in logistics costs, making Ukrainian grain uncompetitive and creating bottlenecks.