In recent years, Ukrainian ports, particularly the Mykolaiv Sea Port, have faced significant setbacks due to restricted access caused by Russian aggression. The closure of these ports has led to a decrease in export volumes and increased transportation costs via roadways. However, the prospect of reopening them brings hope for the Ukrainian economy.
In 2021, the Mykolaiv port was a leader among Ukrainian ports in terms of grain and vegetable oil transshipment volumes. According to the Center for Transport Strategies, the port handled 12.9 million tons of grain and 2.8 million tons of vegetable oil. Additionally, the port processed substantial volumes of steel products, pig iron, and ore, which were crucial revenue sources for the national budget.
Reopening the Mykolaiv ports could significantly reduce freight transportation costs. Specifically, it is expected to lower the transshipment cost from $25 to $15 per ton of cargo, enhancing the competitiveness of Ukrainian producers in international markets.
According to Ukraine’s Ministry of Infrastructure, each million tons transported by sea instead of by road saves the country billions of hryvnias. This is possible by removing large cargoes from the roadways, reducing road wear and maintenance expenses.
However, the full resumption of operations at the Mykolaiv ports is contingent upon the liberation of certain territories in the Kherson region on the left bank of the Dnipro River. This is a crucial prerequisite for the safe passage of vessels through the Berdianskyi Liman and their exit to the Black Sea via the Bosphorus Strait.
Overall, reopening the Mykolaiv ports is a significant step for the Ukrainian economy, enabling increased export capacities, improving infrastructure, and saving substantial budget funds. It also underscores Ukraine’s commitment to peaceful restoration and stabilization in the region.
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