Black Sea
Russia rejected all proposals for a ceasefire in the Black Sea, — Vysotskyi
The mediator countries have informed Kyiv that Moscow has rejected all of its partners’ proposals for a limited ceasefire or a moratorium on strikes.
Three countries have proposed options for restoring safe navigation in the Black Sea, — Zelenskyy
Egypt, India and Turkey have submitted to Ukraine their proposals on overcoming the blockade of the Black Sea and restoring safe shipping.
Bulgaria proposes turning the Black Sea into a “collective security” zone
Bulgaria seeks to reach an agreement on freedom of navigation together with the countries of the region and all interested parties.
Zelenskyy and Erdogan discussed security in the Black Sea and the work of the export corridor
There are various options on the table for restoring the maritime export corridor — all that is needed is Russia’s willingness to stop attacking infrastructure.
Global wheat prices rise due to disruptions in Black Sea exports, — Reuters
Global wheat buyers are bracing for further price increases as supplies from the Black Sea region drop sharply.
Sybiha discussed attacks on the sea corridor and food security issues with the UN WFP
Ukrainian Foreign Minister Andriy Sybiha met with WFP Acting Executive Director Karl Skau on the sidelines of the UN General Assembly in New York.
Kallas called on the international community to ensure free navigation in the Black Sea
About 90% of Ukrainian agricultural exports traditionally go through the Black Sea Corridor, but since August this route has been practically non-operational.
Almost the entire Black Sea has become a military risk zone: how will this change the cost of shipping?
Almost the entire Black Sea has been placed within the Joint War Committee’s expanded military risk zone. For shipowners, this means longer periods of additional insurance coverage, and for cargo owners, a potential increase in freight and logistics costs.
USM spoke to market participants about how much the new risks will cost and how they could change Black Sea and Danube logistics.
The Black Sea is to wheat what Hormuz is to oil — Bloomberg
While the world watches the Strait of Hormuz and oil, the crisis in the Black Sea is imperceptibly accelerating inflation and undermining the food security of vulnerable countries.
Russia to convert fertilizer and coal terminals into grain due to problems in the Black Sea
Russian companies have begun retooling terminals for fertilizers, coal and other cargoes in Baltic and Arctic ports to handle grain exports.
