Ukraine has exported 64.4 million tonnes of cargo, including 43.5 million tonnes of farm goods, through the Black Sea maritime transport corridor since it opened a year ago, the Infrastructure Ministry said.
Some 2,379 ships have supplied goods to 46 nations through the corridor, which opened with international cooperation on Aug 16, 2023 after Russia canceled a similar corridor meant to ship out Ukrainian grain and prevent food shortages in importing nations.
Transport through the corridor accelerated in March of this year when the route began operations 24 hours a day, boosting export volumes by 20%, the ministry said in a press statement.
The shipping corridor relies in part on an insurance agreement with leading global insurers and banks, supported by the UK government, that covers certain war-related risks at nearly the pre-war premium levels of 1-1.25%. A separate mechanism offers guarantees for damage to charterers, operators, and shipowners while their vessels are in Ukrainian waters.
