Mar 25, 2022

Key Grain Facilities Damaged in Strikes on Ukraine

Bunge facility in Mykolayiv on the Black Sea has been hit by shelling

Russian attacks on some of Ukraine’s key export hubs are damaging commodities infrastructure and mean it could be a long road until shipments fully recover, reports Bloomberg.

Ukraine’s ports have been closed since the war began, and now some major grain-export facilities and steel plants have been severely hit by shelling.

Bunge Ltd. in Mykolayiv on the Black Sea is one of the damaged grain facilities.

The Mykolayiv port -- where Bunge’s facility was hit -- has been a shipbuilding center for centuries and typically handles about a fifth of Ukraine’s grains volumes, supplying countries in the Middle East and Europe.

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