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Ukraine needs an initial 500 million euros ($566 million) to rebuild the most important infrastructure facilities at its Black Sea ports destroyed by constant Russian missile and drone attacks, a government minister said on Friday.<\/p>\n Almost 400 port infrastructure facilities have been damaged as a result of Russian attacks during more than three years of war. Seaports are critical for Ukraine, which ships more than 90% of its exports by sea.<\/p>\n “The main critical infrastructure facilities for ports and shipping that we have already lost have been identified … and now we have to restore them,” Andriy Kashuba, deputy minister of territorial development, told the Black Sea Security Forum in Odesa.<\/p>\n Ukraine currently operates three major seaports in the Odesa area. Other Black Sea ports suspended operations after Russia launched its full-scale invasion in February 2022.<\/p>\n Kashuba said the total cost of rebuilding the ports’ infrastructure was estimated at around 1 billion euros.<\/p>\n That figure is dwarfed by the total estimated cost for Ukraine’s overall reconstruction and recovery. The World Bank last December put that cost at $524 billion (\u20ac506 billion) over the next decade, or about 2.8 times the country’s estimated nominal GDP for 2024.<\/p>\n Many industrial and residential infrastructure facilities across Ukraine have been destroyed or severely damaged by Russian attacks.<\/p>\n ($1 = 0.8828 euros)<\/p>\n (Reuters\/Reporting by Yuliia Dysa, writing by Pavel PolityukEditing by Gareth Jones)<\/p>\n<\/p><\/div>\n<\/div>\n maritime professional<\/p>\n","protected":false},"excerpt":{"rendered":"
May 30, 2025
\u00a9\u00a0Adobe Stock\/Denis Rozhnovsky
Ukraine needs an initial 500 million euros ($566 million) to rebuild the most important infrastructure facilities at its Black Sea ports destroyed by constant Russian missile and drone attacks, a government minister said on Friday. Almost 400 port infrastructure facilities have been damaged as a …<\/p>\n","protected":false},"author":1,"featured_media":61409,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[],"class_list":["post-61408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/61408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=61408"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/61408\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/61409"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=61408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=61408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=61408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n May 30, 2025<\/span>
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\n \u00a9\u00a0Adobe Stock\/Denis Rozhnovsky
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