Please try another search
© Reuters. FILE PHOTO - An employee unloads wheat grains inside a storage in the village of Tomylivka, as Russia's attack on Ukraine continues, in Kyiv region, Ukraine August 1, 2022. REUTERS/Viacheslav Ratynskyi
2/2
By David Ljunggren
(Reuters) -A foreign-flagged ship arrived in Ukraine on Saturday for the first time since the war started in February, and will be loaded with grain, Ukrainian Infrastructure Minister Oleksandr Kubrakov said.
Ukraine is starting to resume grain exports in an effort overseen by a Joint Coordination Centre in Istanbul where Russian, Ukrainian, Turkish and U.N. personnel are working.
The United Nations and Turkey brokered a deal after U.N. warnings of possible outbreaks of famine due to a halt in grain shipments from Ukraine. Before the invasion, Russia and Ukraine together accounted for nearly a third of global wheat exports.
Kubrakov said the Barbados-flagged general cargo ship Fulmar S was in the Ukrainian port of Chornomorsk.
"We are doing (everything) possible to ensure that our ports can receive and handle more vessels. In particular, we plan to reach the level of at least three to five vessels per day in two weeks' (time)," he wrote on Facebook (NASDAQ:META).
Ukrainian President Volodymyr Zelenskiy said the resumption of exports was positive, adding that security risks remained.
"The threat of Russian provocations and terrorist acts remains. Everyone should be aware of this," he said in a late-night video address on Saturday.
"But if our partners fulfill their part of the commitment and guarantee the security of supplies, this will really solve the global food crisis."
Ukraine eventually aims to ship out 3 million tonnes a month from its Black Sea ports, Kubrakov said.
"This event is an important market signal that the (grain shipment deal) is a safe and, most importantly, profitable business opportunity for ship owners to return to Ukrainian ports," he added.
Roughly 20 million tonnes of grain from last year's crops are still stuck in the country.
By Anthony Boadle BRASILIA (Reuters) - Attacks on Brazil's indigenous people and invasions of their lands by illegal miners and loggers, mainly in the Amazon (NASDAQ:AMZN),...
KABUL (Reuters) -A huge explosion struck a mosque in Kabul during evening prayers on Wednesday, witnesses and police said, with many feared dead or injured. Police said there were...
By Barani Krishnan Investing.com -- Is the gold rally already over? On paper, it appears so, after a critical support for futures of the yellow metal was broken on Wednesday, as a...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.