Yuzhny ditches the dollar

Port Strategy: Russian port turns its back on the greenback

The Russian Black Sea port of Yuzhny is to make all payments to foreign shipowners, consignors and consignees in euros. Existing payments are made in dollars, which are generating considerable losses.

Continue reading this article… 

V2-PS

Receive full access today!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the ports and terminals sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the ports and terminals industry
  • Our extensive archive of data, research and intelligence

Already subscribed? SIGN IN now

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!