November 26, 2024

Grain ships leave Ukraine, but buyers refuse to ship

2 min read
Grain ships leave Ukraine, but buyers refuse to ship

Moscow and Kiev signed an agreement on July 22 to abolish the Black Sea embargo and resume exports. 12 ships have already left the Ukrainian port

Press service of the Ministry of Sea Ports of Ukraine / via ReutersUkrainian grainAn Arizona-flagged bulk carrier from Liberia in the port of Bivdnyi after grain exports resumed amid a Russian attack on Ukraine near the city of Yuzhny, Ukraine.

Where Russia And the Ukraine An agreement was signed for the export of Ukrainian grain, which was trapped in the Black Sea due to the conflict between the two countries, which has been taking place since February 24, 12 ships were bound for their destinations. Only on Tuesday, the ninth, two more transport ships left the Ukrainian port of Chornomorsk, the Defense Ministry said in turkey. However, a problem has already become visible. According to ANSA news agency, the buyer rejected 26,000 tons of the product due to the delay in the arrival of goods for more than five months. The embassy informed that the ship, which was supposed to disembark on Sunday, 7, is still close to the Turkish sea, waiting for a new buyer. According to data from KyivAbout 20 million tons of grain and cereals are in Ukrainian ports waiting to be transported. The ministry said the ships leaving the port today were bound for South Korea carrying 64,720 tons of corn, and to Istanbul carrying 5,300 tons of sunflower powder.

Low food prices

mediated agreement United Nations Turkey includes a requirement that ships pass inspections to prevent arms smuggling. Therefore, the four ships that left Ukraine on Sunday are moored near Istanbul and will be inspected on Tuesday, the Defense Ministry statement said. Oversight is carried out by the Joint Coordination Center (JCC), where Russian, Ukrainian, Turkish and UN officials work. Russia and Ukraine signed two agreements on July 22, overseen by Turkey and the United Nations, that allowed the resumption of exports of Ukrainian grain and Russian agricultural products banned at ports since the start of the war. We welcome the resumption of activities, as there have been concerns that conflict and halting exports could lead to severe food shortages and even outbreaks of famine in parts of the world. The country’s economic advisor, Ole Ustenko, said that Ukraine expects to export 20 million tons of grain in silos and 40 million tons of its new crop. The government hopes to raise $10 billion for its battered economy from those volumes, but Ostenko said it could take 20 to 24 months to export if the ports were not working properly.

*With information from Agence France-Presse, Reuters and Anas

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