Skip to content

Hopes Grow For Stability Of Ukraine Grain Corridor

A pact brokered by the United Nations and Turkey to unblock three of Ukraine’s ports has created a safe shipping channel for the export of Ukrainian grain after months of Russian blockade.

 Ank Kumar, CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, Cargo ship passing through Bosphorus Straits
Cargo ship passing through Bosphorus Straits (Turkey), photo by: Ank Kumar
Route of Ukrainian wheat being shipped globally

Ukraine has around 20 million tons of grain left over from last year's crop piled up across the country, as well as this year's wheat harvest, which is estimated at about a further 20 million tons, according to Reuters.

The three ports involved in the deal – Odesa, Chornomorsk and Pivdennyi – have the combined capacity to ship around three million tons a month and some expect this level of exports could potentially be achieved in October, Reuters said.

Comments

Latest