Tag: Black Sea Grain Initiative

According to International news, six cargo ships are scheduled to arrive at Odesa Coast after the extension of grain agreement. The bulk carriers Negmar Cicek, ASL Ileana, Rizabey, and SSI Pride are expected to dock at the port of Chornomorsk, while BC Callisto and Deniz M are scheduled to dock at the port of Odesa.

Today in Geneva, the United Nations and the Russian Federation agreed on the extension of the Black Sea Grain Initiative by 60 days which is half the number of days agreed when it first expired in November.

INTERCARGO urges members of the Joint Coordination Centre for the Black Sea Grain Initiative to further extend this important humanitarian initiative when the current extension expires on March 18th.

Ukraine is looking for a one-year extension to the Black Sea Grain Corridor deal, which was first signed in July last year and was extended in November 2022, with the current expiry date being in mid-March.

According to International news, Ukraine will offer compensation for possible damages to civilian vessels entering its ports.

The International Chamber of Shipping (ICS) has issued a press statement,  informing that the whole shipping industry calls for the release of the more than 300 seafarers still strapped in the Ukranian ports since the onset of the war. 

Ukraine's efforts to increase exports under the Black Sea Grain Initiative with Russia are currently focusing on securing faster inspections of ships rather than including more ports in the initiative.

While the Black Sea Grain Initiative received an extension for 120 days, "Russia still has tools to artificially limit its capabilities," said the Minister of Infrastructure of Ukraine, Oleksandr Kubrakov.

Russia’s ambassador to Turkey said on Friday that Moscow sends its representatives to more ship inspections in Istanbul per day than mandated under the Black Sea grain deal, rejecting a Ukrainian accusation that Russia is slowing down the process, according to international media sources.

UN and Ukraine agreed to extend the Black Sea Grain Initiative by 120 days, aiming to ease global food shortages by facilitating Ukraine's agricultural exports from its southern Black Sea ports.