Financial Ports

Russia’s Arctic Ports Now Ship Grain as Black Sea Routes Collapse

CLAVE 1 / 4Ultramar terminal at Ust-Luga now handles grain instead of 16 million tonnes of fertilisers shipped in 2025.

CLAVE 2 / 4Murmansk port will start grain exports in October 2026 using existing coal and ore terminals.

CLAVE 3 / 4Baltic and Arctic ports add 2-7 million tonnes of grain capacity, far below Black Sea’s 60 million tonnes.

CLAVE 4 / 4Russia’s August 2026 wheat exports plummet to 3-3.4 million tonnes, down from a five-year average of 5 million.

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