The Black Sea region accounts for only 2.5 percent of global seaborne trade. While its significance is quite limited on a global scale (eg. seaborne trade in the North Sea region accounts for 17 percent of the world total), the Black Sea is an important area of development due to its geographical size and resource base. Ukraine and Russia are two major powers in the Black Sea port sector.
In an article, published in Port Technolgy International [issue 61], PortEconomics co-director Theo Notteboom, joined by Kateryna Grushevska (Phd at ITMMA-University of Antwerp) zoom in on port activity in Ukraine with a specific focus on dry bulk cargo. Theo and Kateryna discuss the current status of and future outlook for the major deep-sea ports of Odessa, Ilyichevsk, Yuzhnyi and Nikolaev which together represent about 60 percent of dry bulk traffic in the Ukrainian port system.
You can freely download and read the article @PortEconomics.