NIBULON Exported Only a Quarter of Planned Grain Volume in July Due to Port Blockade

Source:  Latifundist
Нібулон

In July, NIBULON exported only 60,000 tonnes of grain out of the approximately 250,000 tonnes it had planned to ship. As a result, actual shipments were more than four times lower than planned due to the blockade of Ukrainian seaports. This was reported in an interview with Forbes Ukraine by the company’s owner and CEO, Andriy Vadaturskyi.

  • «In July, we tried to ship through the ports of Odesa, and our entire program was built around them. However, we were able to ship only two vessels — 60,000 tonnes out of approximately 250,000 tonnes that had been contracted,” Vadaturskyi said.

He emphasized that even before the blockade, the company had invested approximately $25 million in developing infrastructure on the Danube. However, after the maritime corridor resumed operations, the alternative route was effectively no longer used.

According to Vadaturskyi, the government should continue supporting alternative export routes even after seaports resume operations, as businesses need predictability. Possible mechanisms, he said, could include compensation for transportation costs, support through Ukrzaliznytsia, and other measures.

However, Vadaturskyi does not consider the situation critical for the sector. In his assessment, provided alternative logistics are restored and the market stabilizes, the agricultural sector could return to profitability within two to three months.

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