Belarus transit problems mount

This development not only renews economic activity but also reflects a broader shift in the geopolitical landscape of the Black Sea region.

In February of this year alone, Russia’s container market rose by 23.5 per cent year-on-year to 533,000 TEU. The preceding month also saw growth.

This year, Kazakhstan inked a MoU with the European Bank for Reconstruction and Development, securing an investment package of EUR 1.5 billion.

While Ukraine has managed to expand throughput via its sea harbours to 75% of pre-war levels, further growth is hindered by reduced production volumes.

The first ship to use Ukraine’s newly-established humanitarian shipping corridor has left the blockaded Port of Odessa

The Szczecin and Świnoujście Seaports Authority has signed a preliminary agreement for a new deepwater terminal in Poland.