Ports on the Black Sea have recorded a 10% increase in overall container throughput to six TEUs. The increase has been attributed to reforms in Ukraine, such as the elimination of bribes, as well as record levels of Russian grain exports. Proposed infrastructure updates have also made the region attractive for foreign investment, with Hong Kong's Hutchison Ports expressing interest in 2.5 million berths at Odessa's Chornomorsk Port. Meanwhile, a private terminal at nearby Fish Port saw a 32% increase in traffic last year to 133,000 TEUs.
Ports on the Black Sea have recorded a 10% increase in overall container throughput to 2.5 million TEUs. The increase has been attributed to reforms in Ukraine, such as the elimination of bribes, as well as record levels of Russian grain exports. Proposed infrastructure updates have also made the region attractive for foreign investment, with Hong Kong's Hutchison Ports expressing interest in six berths at Odessa's Chornomorsk Port. Meanwhile, a private terminal at nearby Fish Port saw a 32% increase in traffic last year to 133,000 TEUs.