# Shipping activity in the Black Sea falls by 37%

> The number of cargo vessels operating in the Black Sea fell 37% year-on-year in October 2026 to 1,370 ships, according to the Association of International Freight Forwarders of Ukraine. Activity has declined every month since March, when 2,091 vessels were operating, with a sharp acceleration from August.

- Date: 2026-11-12 · published 2026-11-12T18:12:05.238Z
- Category: logistics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/95886-shipping-activity-in-the-black-sea-falls-by-37
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Fewer vessels and rising security risks threaten grain, oilseed and edible oil exports from the Black Sea, raising freight and insurance costs and tightening feed supply from the region, which is supportive for feed grain and meal prices.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-12-23 | [What made the Black Sea a "leader" of freight rates decline? – BPG Shipping](https://feedsoft.ai/events/38132-what-made-the-black-sea-a-leader-of-freight-rates-decline-bpg-shipping.md) | +0.7% | -3.3% |
| WHEAT | 2022-10-24 | [Freight rates in the Azov-Black Sea region are increasing \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/39033-freight-rates-in-the-azov-black-sea-region-are-increasing-ukrainian-and-world.md) | -0.6% | +1.5% |
| WHEAT | 2023-07-29 | [Freight rates in the Azov-Black Sea region are increasing \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/34952-freight-rates-in-the-azov-black-sea-region-are-increasing-ukrainian-and-world.md) | +0.2% | -2.2% |
| WHEAT | 2026-10-01 | [The freight divide: why Black Sea war strikes have pulled shipping rates far above the wider Atlantic Panamax market  - Fastmarkets](https://feedsoft.ai/events/16759-the-freight-divide-why-black-sea-war-strikes-have-pulled-shipping-rates-far.md) | -3.1% | +1.1% |
| WHEAT | 2024-01-25 | [Red Sea attacks disrupt grain shipping \| World Grain](https://feedsoft.ai/events/14333-red-sea-attacks-disrupt-grain-shipping-world-grain.md) | -0.4% | -5.2% |
| CORN | 2022-12-23 | [What made the Black Sea a "leader" of freight rates decline? – BPG Shipping](https://feedsoft.ai/events/38132-what-made-the-black-sea-a-leader-of-freight-rates-decline-bpg-shipping.md) | +2.1% | +2.2% |
| CORN | 2022-10-24 | [Freight rates in the Azov-Black Sea region are increasing \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/39033-freight-rates-in-the-azov-black-sea-region-are-increasing-ukrainian-and-world.md) | -1.1% | -1.4% |
| CORN | 2023-07-29 | [Freight rates in the Azov-Black Sea region are increasing \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/34952-freight-rates-in-the-azov-black-sea-region-are-increasing-ukrainian-and-world.md) | -11.7% | -13.2% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/shipping-activity-in-the-black-sea-falls-by-37/

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