In December 2025, Kernel completed the reconstruction of the Transbalkterminal in the port of Chornomorsk, ProAgro Group reports.
According to the company’s report for the first half of the 2026 financial year (July–December 2025), the terminal’s transshipment capacity was fully restored to its original level of 10 million tonnes of cargo per year.
The terminal had been damaged by a targeted Russian missile strike in August 2023.
During the first half of the current financial year, the company exported 2.74 million tonnes of grain, which is 4% less than in the previous period. At the same time, the Group increased its share in Ukraine’s total grain exports by 4 percentage points year-on-year — from 11% in H1 FY2025 to 15% in H1 FY2026.
“Thanks to the scale of its logistics platform and vertically integrated business model, including its own agricultural production, the Group increased its share in Ukraine’s total grain exports by 4 percentage points — from 11% in the first half of FY2025 to 15% in the first half of FY2026,” the report states.
Transshipment volumes at the company’s terminals declined by 11% year-on-year during the reporting period, reflecting worsening logistics conditions, as adverse weather and frequent air raid alerts increasingly disrupted maritime export operations.
As previously reported, NSELCO HOLDING LIMITED (Cyprus), owned by Kernel’s major shareholder Andriy Verevskyi, acquired the Agro-Region group of companies, including corporate rights, land bank, agricultural machinery and elevator facilities.
Source: Elevatorist.com
