Captain Leonidas, a massive bulk carrier, departed from Pivdennyi port on April 6, 2024, marking the largest vessel to navigate the Ukrainian sea corridor, as reported by the Ukrainian Sea Ports Authority (USPA).

Loaded with 195.7 thousand tons of products from Ukrainian steelmakers, the Panamanian-flagged vessel is part of a fleet transporting significant cargo. Notable mentions include George Island, carrying 178.06 thousand tons, and Jutta with 176.85 thousand tons.

Since the Ukrainian sea corridor opened seven months ago, 1286 vessels have exported over 36 million tons of cargo, including 25 million tons of agricultural products. Presently, 135 vessels await entry to Odesa, Chornomorsk, and Pivdennyi ports, holding a combined 4 million tons of cargo for export.

As of March 2024, approximately 30 million tons of cargo have been transshipped through the Black Sea corridor established by Ukraine in August 2023, with support from the Joint Defense Forces. Ukrainian products now reach at least 38 countries, with March alone witnessing a cargo volume of about 6 million tons.

The Ministry of Economy recently expanded the Unity affordable ship insurance program, in collaboration with Marsh McLennan and Lloyd’s of London, to cover all non-military cargo.

PwC assures Baltic Exchange's market benchmark controls PwC assures Baltic Exchange's market benchmark controls

This program enables the insurance of maritime transportation for a wide range of goods, including grain, foodstuffs, ore, steel, and containerized cargo.