Economy

The European Commission can compensate for the logistics costs of transporting the Ukrainian air to the seaports of the EU.

Agroholding “Kernel” invested more than $40 million in capacities for transshipment of vegetable oils in the ports of Chornomorsk and Reni.

Turkey continues to make efforts regarding the Grains Agreement. In the near future, a visit of the Turkish Foreign Minister to Russia is possible, as well as a face-to-face meeting between Erdogan and Putin.

The Emergency Situations Commission of Moldova allocated $3.4 million from the state budget to repair the damaged section of the railway between the southern city of Cagul and Giurgiulesti.

Ukraine will be able to ensure the supply of grain to other countries thanks to the successful experience of a ship passing through a temporary sea corridor.

Ukraine has created an alternative corridor in the Black Sea for the export of agricultural products, but it needs increased protection, because Russia is not even nominally involved in this initiative.

Freight rates on the Danube, although slightly increased, have stabilized at the current level. And rumors about their further growth are speculation.

The Turkish ship Sword Lion with stolen Ukrainian grain was not accepted in the ports of Israel and Cyprus. The bulk carrierwent to Turkey, but there, as well, they are in no hurry to let him to the port.

Ukraine is finalizing the development of an agreement with global insurers regarding the insurance of vessels going from/to Ukrainian ports on the Black Sea.

The European Commission is “seriously considering” subsidizing transportation of Ukrainian grain through EU member states.