Important Black Sea container port facing impact from Ukraine crisis

If the conflict between Ukraine and Russia escalates, the large container port in Odessa may be blocked by Russia, creating problems for carriers, estimates analyst. German company HHLA, which owns the terminal in Odessa, follows the situation closely, the firm tells ShippingWatch.

Hamburger Hafenund Logistik (HHLA), which owns the large terminal in Hamburg (the photo), also has large terminal investments in Odessa, Ukraine. | Photo: HHLA/HHLA

The entrance to Ukraine for roughly one million twenty-foot containers (teu) annually risks being blocked if the tensions between Ukraine and Russia turn into actions of war, assesses shipping analyst Lars Jensen of Vespucci Maritime to ShippingWatch.

The port in Odessa contains one of the largest container terminals in the Black Sea and will probably be blocked by the Russians in case of war, according to Jensen.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Celsius Shipping out of Russian dilemma

Celsius Shipping spearheaded by Jeppe Jensen no longer has to stand powerless by while one of its ships call at port in Russia. Contract with Chinese energy firm has expired.

Further reading

Related articles

Latest news

See all jobs