Business news from Ukraine

Vessel with 57 thousand tons of Ukrainian wheat left for Bangladesh

Ports of “Big Odessa” on Saturday and Sunday in the framework of the “Grain Initiative” sent 432 thousand tons of agricultural products in a caravan of nine ships to Africa, Asia and Europe, the Ministry of Infrastructure of Ukraine said.
“In particular, bulk carrier Honorine with 27.5 thousand tons of Ukrainian grain for Tunisia and bulk carrier Velvet with 57 thousand tons of wheat for Bangladesh,” the ministry noted.
The Ministry pointed out that 19 ships are being processed in the ports involved in the “grain initiative”, 630 thousand tons of Ukrainian agricultural products are being loaded on them.
At the same time, 94 ships are waiting for their turn to be inspected by the SKZ in the Bosporus (69 ships are empty for loading, and 25 are already loaded with agricultural products).
“The Russian side in the JCC is systematically slowing down inspections. Vessels wait more than a month on average. At the same time, the bulk carrier T-Med with wheat on board has been waiting for inspection since the beginning of November last year,” the Ministry of Infrastructure noted.
According to its information, at least 12 inspections per day are required for uninterrupted movement in the grain corridor.
A total of 620 vessels have left the ports of Greater Odessa since August 1, exporting 16.5 million tons of Ukrainian foodstuffs to Asia, Europe and Africa.

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Ukraine in 2022 became ninth largest wheat producer in the world

Ukraine at the end of 2022 became the ninth largest producer of wheat with the indicator of 20.5 million tons, which is a third lower than last year’s figures due to the full-scale military aggression unleashed by Russia.

As reported on the site Finance.yahoo, Ukraine this season is ahead of China (138 million tons), the EU (134.7 million tons), India (103 million tons), Russia (91 million tons), the United States (44.9 million tons), Canada (35 million tons), Australia (33 million tons) and Pakistan (26.4 million tons) in wheat production.

In turn, Ukraine produced more wheat than Argentina (17.5m t), Turkey (17.25m t), Britain (14.6m t), Iran (13.2m t), Kazakhstan (13m t), Egypt (9.8m t), Brazil (9.2m t) and Uzbekistan (6.6m t).

According to the publication, the total area of wheat planted in 2022 exceeded 220 million hectares worldwide. Wheat is produced by both developed and developing countries. Developed regions account for 50% of the world’s wheat production, and the total area sown is 53%. About 70% of the wheat produced in the world is used as food, 20% – for livestock, and 2-3% – in industry.

As reported, Ukraine in 2021 harvested a record crop of cereals, legumes and oilseeds in the amount of 106 million tons: cereals and legumes – 84 million UAH, and oilseeds – 22.6 million tons.

A total of 32.4 million tons of wheat, 40 million tons of corn, 10 million tons of barley, 581.5 thousand tons of peas, 191 thousand tons of millet and 110 tons of buckwheat were harvested last year. Sunflower harvest amounted to 16.3 million tons, soybeans – 3.4 million tons and rapeseed – 2.9 million tons.

44 thousand tons of Ukrainian wheat to Kenya

Ports of Greater Odessa on Tuesday shipped 129 thousand tons of agricultural products as part of the “Grain Initiative”, the Ministry of Infrastructure of Ukraine reported.
“Today a caravan of four ships left the ports of Greater Odessa, which will deliver 129 thousand tons of agricultural products to Africa, Asia and Europe. In particular, the bulk carrier Ince Atlantic with 44 thousand tons of Ukrainian wheat for Kenya”, – indicated the Ministry.
According to him, in the ports involved in the “Grain Initiative”, 27 ships are under the processing, they are loaded with 1 million tons of Ukrainian agricultural products.
Also in the “grain corridor” there are two vessels with the loading of 63 thousand tons of agricultural products.
A total of 569 vessels have left the ports of Greater Odessa since August 1, exporting 14.3 million tons of Ukrainian foodstuffs to Asia, Europe and Africa.

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3 bulkers to carry Ukrainian corn, wheat and vegetable oil to Europe

Three bulkers loaded with corn, wheat and vegetable oil departed from Ukrainian ports on Sunday, the Joint Coordination Centre (JCC) said.
“The Joint Coordination Centre (JCC) reports that three vessels left Ukrainian ports today [December 18], carrying a total of 54,464 tonnes of grain and other food products under the Black Sea Grain Initiative,” the JCC said.
MV Lady Ayana (25,250 tonnes of corn) and MV Barbaros Hayrettin V (5,214 tonnes of vegetable oil) are destined for Italy. MV AK Halima is transporting 11,100 tonnes of wheat and 11,900 tonnes of corn to Spain.
“Grains that reach a destination may go through processing and be trans-shipped to other countries,” the JCC said.
Five ships, which transited the maritime humanitarian corridor on Sunday, are headed to Ukrainian ports.
“As of 18 December, the total tonnage of grain and other foodstuffs exported from the three Ukrainian ports is 14,194,211 tonnes. A total of 1,128 voyages (565 inbound and 563 outbound) have been enabled so far,” the JCC said.

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Vessel from Ukraine to deliver wheat to Indonesia

A dry cargo ship with more than 71,000 tons of wheat left a Ukrainian port on Thursday, the Joint Coordination Center (JCC) reported.
“On December 15, the vessel Star Emerald left the port of Pivdenniy, it is carrying a total of 71,400 tons of wheat to Indonesia as part of the Black Sea Grain Initiative,” the report said.
Two dry-cargo ships Sea Bridle and Tuo Fu 8, which passed through the sea humanitarian corridor on December 15, are heading to Ukrainian ports.
69 vessels capable of exporting about 2.5 million tons of food are awaiting permission to enter Ukrainian ports, while 21 loaded vessels are preparing to be inspected to proceed further to their destinations.
“As of December 15, the total tonnage of grain and other agricultural products exported from the three Ukrainian ports is 13,990,897 tons. A total of 1,106 vessels have been allowed to move so far: 551 to arrive at Ukrainian ports and 555 to leave them,” the JCC summarized.

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Four dry cargo ships with corn, wheat and sunflower meal left Ukraine

Four dry cargo ships carrying corn, wheat and sunflower meal left Ukrainian ports on Saturday, the Joint Coordination Center (JCC) reported.
“The four ships left Ukrainian ports on December 10, carrying a total of 143,480 tons of grain and other food under the Black Sea Grain Initiative,” the report said.
Two dry-cargo vessels Patricia V (60 965 tons of corn) and Agios Nikolaos (33 thousand tons of wheat) are bound for Belgium.
Vessel Tina S will carry 30 015 tons of corn to Portugal. Vessel Inase will deliver 19.5 thousand tons of sunflower meal to Italy.
SKC noted that “the grain received at the destination can be processed and then transported to other countries.
Five dry cargo ships, which on Saturday passed through the maritime humanitarian corridor, are also on their way to Ukrainian ports.
“As of December 10, the total tonnage of grain and other agricultural products exported from the three Ukrainian ports is 13,494,463 tons. A total of 1,079 vessels have been allowed to move so far: 540 to arrive at Ukrainian ports and 539 to leave them,” the JCC reported.

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