# Black Sea Annual Report 2023 - PMDS

> The Black Sea MoU's 2023 port state control report shows 5,294 inspections of ships registered in the region. Inspections of Ukrainian-flagged or Ukraine-linked ships fell 45.5% against the pre-war five-year average, and fell a further 21.1% after the Black Sea Grain Initiative ended in July 2023.

- Date: 2024-06-19 · published 2024-06-19T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/14295-black-sea-annual-report-2023-pmds
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Fewer inspections signal ongoing war risk for Black Sea shipping, which keeps insurance and freight costs elevated. The direct effect on grain prices is modest.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-04-26 | [Ukrainian grains reach Romanian Black Sea port](https://feedsoft.ai/events/14495-ukrainian-grains-reach-romanian-black-sea-port.md) | -1.4% | +1.8% |
| WHEAT | 2026-08-27 | [Black Sea Wheat Export Trends \| UkrAgroConsult](https://feedsoft.ai/events/14093-black-sea-wheat-export-trends-ukragroconsult.md) | +3.7% | +3.4% |
| WHEAT | 2024-05-09 | [Black Sea Grain Exports 1Q-2024: Blood, Sweat, and Tears • BRS Shipbrokers](https://feedsoft.ai/events/14299-black-sea-grain-exports-1q-2024-blood-sweat-and-tears-brs-shipbrokers.md) | +2.0% | +6.5% |
| WHEAT | 2026-01-21 | [Ukraine refutes reports of shipowners steering clear of its Black Sea ports](https://feedsoft.ai/events/14148-ukraine-refutes-reports-of-shipowners-steering-clear-of-its-black-sea-ports.md) | +2.7% | +4.3% |
| WHEAT | 2023-09-22 | [First big grain ship leaves Ukraine's Black Sea port](https://feedsoft.ai/events/14359-first-big-grain-ship-leaves-ukraine-s-black-sea-port.md) | -1.5% | -1.0% |
| CORN | 2022-04-26 | [Ukrainian grains reach Romanian Black Sea port](https://feedsoft.ai/events/14495-ukrainian-grains-reach-romanian-black-sea-port.md) | -5.4% | -0.4% |
| CORN | 2024-05-09 | [Black Sea Grain Exports 1Q-2024: Blood, Sweat, and Tears • BRS Shipbrokers](https://feedsoft.ai/events/14299-black-sea-grain-exports-1q-2024-blood-sweat-and-tears-brs-shipbrokers.md) | +2.7% | +0.5% |
| CORN | 2026-01-21 | [Ukraine refutes reports of shipowners steering clear of its Black Sea ports](https://feedsoft.ai/events/14148-ukraine-refutes-reports-of-shipowners-steering-clear-of-its-black-sea-ports.md) | +0.8% | +0.6% |

## Sources

- panamamaritime.com: https://panamamaritime.com/pmds/2024/06/19/black-sea-annual-report-2023/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.