Danube congestion continues to tighten general cargo and small dry bulk vessel availability in the Black Sea
Repeated Russian attacks on Ukraine's Black Sea ports have forced grain exports to be rerouted through lower-capacity Danube ports, causing massive congestion near Sulina. Around 70 vessels, including dry bulk and general cargo, are awaiting transit, with only three to four vessels transiting per day. This has reduced effective vessel supply, supporting freight rates in the region.
Why it matters: This illustrates the theme of supply chain disruptions and their impact on regional freight markets.