Automatically translated version. May contain inaccuracies compared to the original.
Problems with maritime logistics are increasingly hitting Russia's economy. Southern ports are suffering due to the deteriorating security situation in the Azov–Black Sea basin, yet the Kremlin has left businesses to deal with the consequences of the war on their own.
What happened to Russian ports
In September, throughput at certain southern terminals fell by 95 – 100%, reports the Foreign Intelligence Service of Ukraine.
The problems have been especially acute for exports of grain and agricultural products. In July and August, throughput at Russia's southern ports collapsed by more than half. Instead of the usual 7,9 million tons, the occupiers managed to export only 3,8 million tons of cargo.
Cargo shipments through the southern ports have nearly stopped, and a large share of flows has been redirected to northwestern routes
– the intelligence service notes.
This creates additional difficulties for Russian exporters. Redirecting cargo to other routes does not fully compensate for the losses of the southern ports.
Why local authorities are begging for help
Because of the catastrophic drop in exports, the enemy's port sector has fallen into a deep crisis. Regional authorities and representatives of the port industry have already appealed to the federal government for financial support.
Fuel
Average prices at Amic Energy gas stations as of
They want to receive:
wage subsidies for employees;
compensation for equipment maintenance;
preferential loans;
and deferral of tax and rental payments.
Separately, the industry is asking to increase insurance coverage for war risks. Due to reduced export volumes, some employees have already lost their jobs or moved to reduced schedules.
However, the Russian government is in no hurry to help, because it would be costly for the budget.
The unwillingness of the Russian authorities to help business indicates a reluctance to take on additional expenses amid the wartime strain on the budget
– the Foreign Intelligence Service points out.
After all, compensation for the labor costs of port workers alone could cost the federal budget 6,6 – 8 billion rubles per year.
The Russian Ministry of Finance has stated directly that it will not administratively define conditions for reinsuring war risks.
Note! Moreover, deferral of rental payments for federal property is being offered to Russians on harsh paid terms. The rate implies the central bank key rate plus 5,18% per year, which means only new debts for Russian businesses that have already lost income.
Recall, problems with food exports in Russia began to sharply worsen back in early autumn. In September, the occupiers managed to export through the Black Sea and Azov Sea ports only 300 thousand tons of grain, which is almost 16 times less than last year's figures. Then Russian companies began hastily diverting cargo to the Baltic Sea, but such delivery is 30 – 35% more expensive.
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