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Markets & Investment News South Africa

UN ship leaves Ukraine with wheat for Ethiopia

The third vessel charted by the United Nations World Food Program (WFP), left Ukraine's Chornomorsk Black Sea port with around 30,000 tonnes of wheat on board, Ukraine's infrastructure ministry said on Saturday.
The Marshall Islands-flagged bulk carrier Riva Wind is seen at the sea port in Odesa after restarting grain export, amid Russia's attack on Ukraine, Ukraine August 7, 2022. Press service of the Ministry of Infrastructure of Ukraine/Handout via REUTERS/File Photo
The Marshall Islands-flagged bulk carrier Riva Wind is seen at the sea port in Odesa after restarting grain export, amid Russia's attack on Ukraine, Ukraine August 7, 2022. Press service of the Ministry of Infrastructure of Ukraine/Handout via REUTERS/File Photo

"The vessel is headed for Ethiopia. According to UN estimates, Ethiopia is on the verge of a food crisis," the ministry said in a statement.

It said that in partnership with the WFP, three ships loaded with more than 90,000 tonnes of wheat are on their way to Ethiopia and Yemen.

"We plan to export another 190,000 tonnes, which are currently being purchased by U.N. partners," the ministry said, adding that besides the IKARIA ANGEL, another nine vessels have left Ukrainian ports on Saturday.

The country's grain exports have slumped since the start of the war because its Black Sea ports - a key route for shipments - were closed off, driving up global food prices and prompting fears of shortages in Africa and the Middle East.

Three Black Sea ports were unblocked at the end of July under a deal between Moscow and Kyiv, brokered by the United Nations and Turkey.

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/

About Pavel Polityuk

Reporting by Pavel Polityuk, Editing by Louise Heavens.
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