Business news from Ukraine

60 dry cargo ships are waiting to join Black Sea Grain Initiative

25 October , 2022  

The Joint Coordinating Center (JCC) announced that 60 vessels are expected to join the Black Sea Grain Initiative.
“Currently, 113 vessels are registered for inspection by the SKC, and another 60 are waiting to join the Black Sea Grain Initiative in Turkish territorial waters,” the SKC said in a statement.
According to the center, 97 ships waiting to leave the ports of Ukraine have already loaded more than 2 million tons of food.
The SKC reported that on October 24, four dry cargo ships left Ukrainian ports. Having received permission from the center, they transport a total of 159,662 tons of food.
The vessel Flag Lama (34,430 tons of sunflower meal and 30,673 tons of corn) is heading for China, the vessel C Faith (56,789 tons of wheat) is heading for Vietnam. Dry cargo ship BSL Calypso will deliver 23.5 thousand tons of corn to Italy and Spain, dry cargo ship MBC Daisy – 14,270 tons of wheat to Algeria.
The SKC specified that “the grain that arrived at the destination can be processed and then transported to other countries.”
“As of October 24, the total tonnage of grain and other agricultural products exported from three Ukrainian ports is 8,673,198 tons. In total, 772 ships have been allowed to move at the moment – 389 to arrive at Ukrainian ports and 383 to leave them,” – said in the message of the SKC.
On July 22, in Istanbul, with the participation of the UN, Russia, Turkey and Ukraine, a document was signed on the creation of a corridor for the export of grain from three Ukrainian ports: Chernomorsk, Odessa and Pivdenny.