free counter
Business

Ukraines first grain ship may depart on Monday, Turkey says: There are some hitches, several issues being discussed with the Russians

The initial ship to export Ukrainian grain since an agreement was reached for the safe transit of vessels may depart the moment Monday, President Recep Tayyip Erdogans spokesman Ibrahim Kalin said.

There are some hitches, several issues being discussed with the Russians, Kalin said within an interview with Kanal 7 TV channel on Sunday, adding that the ships should start departing by Tuesday at the most recent.

Greater than a week after Russia and Ukraine reached a deal targeted at releasing an incredible number of a great deal of grain through three Black Sea ports, no ships have sailed.

Ukraine said on Friday its near restarting shipments, even though timing was associated with receiving go-ahead from the US, which alongside Turkey was a signatory to the July 22 agreement. The UN has declined to specify each day.

President Volodymyr Zelenskiy visited the Black Sea port of Chornomorsk on Friday, where he watched grain being loaded onto a Turkish vessel.

Ukraine is among the worlds biggest wheat, corn and vegetable-oil suppliers, and crop markets are watching closely for concrete moves toward unlocking Ukraines ports.

While theres has been incremental progress Ukraines Sea Ports Authority earlier told companies a test boat would sail soon, and several insurers setup an application to cover cargoes of food from Ukraine traders and exporters remain waiting for information regarding how so when vessels will depart, also to where.

Shipowners face an array of challenges, including recruiting crews to use the ships as safety concerns remain. A Russian attack on Odesas sea port with cruise missiles hours after signing the offer also raised questions about its commitment.

Turkish defense minister Hulusi Akar met on the weekend with Ukraines defense and infrastructure chief to go over the most recent situation on the export restart, Turkeys defense ministry said on Twitter.

Join theFortune Features email list which means you dont miss our biggest features, exclusive interviews, and investigations.

Read More

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker