# War in Ukraine driving skyrocketing shipping costs - Port Technology International

> Port Technology International reports on a UNCTAD report that the war in Ukraine is suffocating trade and logistics in Ukraine and the Black Sea region. It says halted ports, damaged infrastructure, insurance and fuel costs have raised shipping costs and grain transport costs rose nearly 60% from February to May. It adds that Russia's role in fertiliser and fuel supply is a further concern.

- Date: 2022-06-29 · published 2022-06-29T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/40851-war-in-ukraine-driving-skyrocketing-shipping-costs-port-technology-international
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher grain freight and possible fertiliser supply disruption raise feed production and delivered grain costs, supporting feed ingredient prices.

## Read by commodity

- UREA: bullish ▲
- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-06-28 | [War in Ukraine raises global shipping costs, stifles trade \| UN Trade and Development (UNCTAD)](https://feedsoft.ai/events/40842-war-in-ukraine-raises-global-shipping-costs-stifles-trade-un-trade-and.md) | -7.7% | -16.6% |
| WHEAT | 2022-05-05 | [Logistic costs increasing for Ukraine's grain trade](https://feedsoft.ai/events/41304-logistic-costs-increasing-for-ukraine-s-grain-trade.md) | -0.2% | +0.3% |
| WHEAT | 2023-05-22 | [UN concerned by lack of grain ships going to one Ukrainian port \| Reuters](https://feedsoft.ai/events/14394-un-concerned-by-lack-of-grain-ships-going-to-one-ukrainian-port-reuters.md) | -0.4% | -4.6% |
| WHEAT | 2023-01-05 | [Ukraine's corn exporters hope for acceleration in ship inspections in 2023](https://feedsoft.ai/events/14423-ukraine-s-corn-exporters-hope-for-acceleration-in-ship-inspections-in-2023.md) | -2.7% | -3.0% |
| WHEAT | 2019-06-17 | [Grain shipment in Ukrainian seaports dropped 40 pct — Latifundist.com](https://feedsoft.ai/events/58445-grain-shipment-in-ukrainian-seaports-dropped-40-pct-latifundist-com.md) | -6.1% | -8.7% |
| UREA | 2026-05-05 | [Fertilizer Crisis Response Bulletin #10–Shipping Disruptions Drive Up Fertilizer Costs and Threaten Food Security - IFDC](https://feedsoft.ai/events/19178-fertilizer-crisis-response-bulletin-10-shipping-disruptions-drive-up-fertilizer.md) | -4.2% | -27.8% |
| UREA | 2023-07-10 | [Delayed container shipments affecting grain industry more than West Coast port strike \| Country 600 CJWW](https://feedsoft.ai/events/35057-delayed-container-shipments-affecting-grain-industry-more-than-west-coast-port.md) | +4.1% | +30.1% |
| UREA | 2021-08-30 | [Hurricane Ida Shutters Ag Exports with No Clear Timeline on How Long Shipping Delays Could Last - The Scoop](https://feedsoft.ai/events/6008-hurricane-ida-shutters-ag-exports-with-no-clear-timeline-on-how-long-shipping.md) | +16.5% | +21.0% |

## Sources

- porttechnology.org: https://www.porttechnology.org/news/ports-and-terminals/war-in-ukraine-driving-skyrocketing-shipping-costs/

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