Business news from Ukraine

Four dry cargo ships to deliver corn and wheat to China and Spain

Four dry cargo ships will deliver corn and wheat to China and Spain, the Joint Coordination Center (JCC) reported.
“Four vessels left Ukrainian ports on January 19, carrying a total of 229,749 tons of grain and other foodstuffs as part of the Black Sea Grain Initiative,” the report said.
Three vessels Star Sapphire (74 904 tons of wheat), Mana (47 267 tons of wheat and 11 420 tons of corn) and Serenity Ibtihaj (26 653 tons of corn) left for Spain. Vessel Andros Spirit will carry 69.505 tons of corn to China.
Four dry cargo ships are also on their way to Ukrainian ports, which passed through the maritime humanitarian corridor on Thursday.
“As of January 19, the total tonnage of grain and other agricultural products exported from the three Ukrainian ports is 18,051,260 tons. A total of 1,316 dry cargo ships have been allowed to move so far: 652 to arrive at Ukrainian ports and 664 to leave them,” the JCC summarized.

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Ships to bring Ukrainian corn to India, Turkey, Spain

Three bulkers loaded with wheat, corn and sunflower oil departed from Ukrainian ports on Tuesday, the Joint Coordination Centre (JCC) said.
“The Joint Coordination Centre (JCC) reports that three vessels left Ukrainian ports today [December 6] carrying a total of 91,050 metric tonnes of grain and other food products under the Black Sea Grain Initiative,” the JCC said.
MV Sugar will deliver 37,500 tonnes of sunflower oil to India, MV Alexandros III will transport 31,050 tonnes of corn to Spain, and MV Moayad Y loaded with 22,500 tonnes of wheat is destined for Turkey.
Six ships transited the maritime humanitarian corridor on December 6 on their way to Ukrainian ports.
“As of 6 December, the total tonnage of grain and other foodstuffs exported from the three Ukrainian ports is 13,136,453 metric tonnes. A total of 1,057 voyages (529 inbound and 528 outbound) have been enabled so far,” the JCC said.

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Two dry cargo ships with soybeans left Ukraine for Spain and Turkey

Two ships carrying more than 33,000 tons of soybeans left Ukrainian ports on Friday, the Joint Coordination Center (JCC) reported.
“Two ships left Ukrainian ports on Nov. 25, carrying a total of 33,165 tons of soybeans as part of the Black Sea Grain Initiative,” the report said.
The dry cargo ship Port Alberni will carry 26,765 tons of soybeans to Spain, the ship CS Cihan will carry 6.4 thousand tons to Turkey.
SKC notes that 28 loaded dry cargo vessels are preparing to be inspected in Turkish territorial waters to proceed further to their destinations.
“As of November 25, the total tonnage of grain and other agricultural products exported from three Ukrainian ports is 11,940,672 tons. A total of 983 vessels were allowed to move so far: 489 to arrive at Ukrainian ports and 494 to leave them,” the JCC stressed.

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Ukraine will participate in application of Spain and Portugal to host 2030 FIFA World Cup – press

Ukraine will participate in the joint application of Spain and Portugal to host the 2030 FIFA World Cup, reports The Times on Tuesday.

Under the move, which is believed to have been sanctioned by Ukrainian President Volodymyr Zelensky and the national governments of Spain and Portugal, the country will host one of the tournament’s groups.

The new partnership is to be officially announced by the football leaders of Spain and Portugal during a press conference at UEFA headquarters on Wednesday.

The proposal uses the idea that football can restore hope and peace. While security guarantees will be needed, by 2030 the Russian invasion is expected to end and the country’s recovery is well under way.

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SPAIN WILL SOON RETURN EMBASSY TO KYIV

Spain soon intends to return the embassy to Kyiv, Prime Minister Pedro Sanchez said on Monday.
“Soon we will reopen the Spanish embassy in Kyiv,” he said in an interview with the Antena 3 TV channel.

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UIA TO SEND 5 BOEING 737-800 TO SPAIN, 2 MORE AIRCRAFT TO BELGRADE

Ukraine International Airlines (UIA, Kyiv) has received an official message from insurance companies about the termination of aircraft insurance for flights in Ukraine’s airspace.
“Due to the foreign policy situation, Ukraine International Airlines has received an official notification from insurance companies to terminate the insurance of aircraft for flights in the airspace of Ukraine. In this regard, UIA, at the request of lessors, sends five Boeing 737-800 aircraft to Spain while retaining other aircraft in the company’s fleet. In addition, two aircraft of the airline are sent for scheduled engine maintenance in Belgrade,” the airline said in the official statement on Monday.
UIA also reported that negotiations are underway with insurance companies, the Ministry of Infrastructure of Ukraine and the State Aviation Service. The airline hopes for mutual understanding.
Earlier, on February 13, a working meeting was held at the Ministry of Infrastructure with the participation of the leadership of the President’s Office, the State Aviation Service of Ukraine, the state-owned enterprise UkSATSE, Boryspil International Airport and Ukrainian airlines on the situation in the air transportation market. As a result of the meeting, a solution was worked out to prevent further aggravation of the situation.
As a source of Interfax-Ukraine notes, Azur Air Ukraine and Windrose were not present at the meeting and did not request assistance with the insurance situation.
Then, also on February 13, the Cabinet of Ministers decided to allocate UAH 16.6 billion from the state budget’s reserve fund to the Ministry of Infrastructure to ensure the safety of aircraft flights in the country’s airspace. The allocated funds cover insured events for at least 23 aircraft.
According to information available to Interfax-Ukraine, SkyUp airline has submitted seven Boeing 737-800 aircraft to the list, Bees Airline – four of the same aircraft. Ukraine International Airlines (UIA) has submitted a list of 12 aircraft: four Embraer ERJ 190-100, six Boeing 737-800 and two Boeing 737-900ER.
The Verkhovna Rada Budget Committee on the evening of February 13 agreed on the redistribution of UAH 16.6 billion of state budget expenditures by reducing expenditures under the public debt service budget program to finance an additional state mechanism for flight safety insurance in Ukraine.

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