Commodities

The third port opening passes two more Ukrainian ships.

Due to Russia’s invasion of Ukraine, there were worries that grain shipment delays would cause food shortages and possible famine outbreaks around the globe. Hence, the United Nations and Turkey made a deal last month. Turkey’s defense ministry said on Monday that one of the ships, Sacura, which sailed from Pivdennyi, carries 11,000 tonnes of soybeans to Italy. Meantime, the Arizona left from Chornomorsk port. It is bringing 48,458 tonnes of corn to Iskenderun, Turkey.
The Polarnet sailed on Friday. It arrived at its last stop in Turkey’s Derince on Monday morning, for emptying. It marked the culmination of the first shipment since the re-launch of the exports.
As stated by a Reuters calculation of data from Turkey’s defense ministry, until now, around 243,000 tonnes of corn have been shipped from Ukraine on seven ships following the first departure on Aug. 1.
The other ships took 11,000 tonnes of soybeans, 6,000 tonnes of sunflower oil, and 45,000 tonnes of sunflower meal.

Related Post

Ukraine’s export arises

Oleksandr Kubrakov, Ukraine’s infrastructure minister, confirmed the departure of the most recent two ships on Monday. Moreover, he added that Pivdennyi, the third Ukrainian port contained in the deal, was finally up and running as a part of the deal.
According to Kubrakov’s opening, Pivdennyi would push Ukraine’s full export capacity up to three million tonnes a month.
In the ceasefire, Ukraine shipped nearly six million tonnes of kernels per month from its harbors on the Black Sea and Sea of Azov shore.
According to Turkey’s defense ministry, the ships that left Ukraine on Sunday should harbor near Istanbul on Monday evening, and checked on Tuesday.

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