Maritime Trade and Port Infrastructure in Black Sea Countries

6.09.2022

The Black Sea region is often referred to as a gateway between Europe and Asia, though its potential benefits are far from being fully realized. This is especially true for the naval trade. Meanwhile, the enhancement of maritime transportation and the improvement of port infrastructure becomes more and more desirable if not indispensable for economic development of the region.

Recent drastic changes – namely the ongoing Russia-Ukraine war, which has further exacerbated the disruptions caused by the COVID-19 pandemic, are significantly hindering this development. At the same time, it is yet ambiguous how the war might alter the development of maritime trade in the region. Accordingly, this bulletin aims to analyze the pre-war state of the Black Sea region’s logistics, port activity, and shipping connectivity and then provide some insights into the potential impact of the ongoing war.

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