UN says stranded corn shipment from Ukraine waiting for new buyer

The first grain-carrying ship to depart from Ukraine since the Russian invasion is running aground off the coast of Turkey after the original buyer of the cargo refused to deliver, according to the UN agency overseeing the reopening. Black Sea route.

The failure underscores the difficulty of restarting grain shipments and defuses a global food crisis caused by the Russian navy blockade of Ukraine’s Black Sea ports. Razoni, loaded with 26,000 tons of corn, is the first train to test the reopening of the route last week after an agreement was signed between Ukraine and Russia.

Razoni’s cargo is being resold, explaining why it is “docked off the southern coast of Turkey and awaiting instructions on its new destination”, according to the UN-led commission. Russian-Ukrainian grain agreement.

The ship’s shipping agent in Tripoli said the original buyer of the cargo in Lebanon had rejected the grain because of quality concerns. Another dealer, based in Turkey, is currently waiting for instructions on the goods, he said: “We don’t know what will happen.” Dealers do not disclose who owns the goods.

The UN has emphasized that it is common for goods to change hands on the way. However, the closely watched vessel’s failure to complete its journey shows the challenges facing international organizations and grain traders in trying to alleviate the wage crisis. real is on the rise and normalizes trading in commodity markets.

Razoni’s refusal to ship cargo also raises questions about the condition of grain that had been loaded onto ships in Ukrainian ports when Russia began its invasion of Ukraine in February.

The United Nations-led Joint Coordination Center (JCC) said its inspectors had checked whether the ship leaving Odesa on August 1 had any crew members or illegal cargo on board. “We are not involved in conducting food testing. This is not part of the deal,” it said.

A total of 12 ships carrying more than 370,000 tons of food goods, including corn, sunflower meal and oil, have left the Ukrainian ports of Odesa, Chornomorsk and Pivdennyi.

No vessel insured by Lloyd’s has agreed to cover cargo on ships operating under UN-brokered arrangements, although insurers believe they have some coverage. responsibility. They have been watched by interested insurers to assess whether further export coverage is feasible.

Neil Roberts, head of marine and aviation, said: “Details of quality control are vague but Razoni’s goods have been rejected by buyers in Lebanon, so there could be some ensuing problems, especially with regard to older grains, which are considered cargo in distress.” at Lloyd’s Market Association. “For now, the good news is that some ships have gone out and some grain exports have resumed but much of it is still in balance.”

While the objective of the Grain Corridor Agreement is to reduce food insecurity worldwide and contribute to the prevention of global hunger by facilitating the export of grains and fertilizers, fertilizer of Ukraine, the JCC said it is prioritizing the departure of ships that are ready to leave Ukraine to free up space for incoming ships and help clean grain silos.

Two ships have arrived in Ukrainian waters this week, although no other voyages are scheduled at this time, according to shipping agency Sea.

The JCC said it was too early to assess the impact on global food markets of reopening the Black Sea. When fully operational and operational, exports could reach 2 million to 5 million tonnes for the duration of the initiative, which will last 120 days, it said.

“All parties at the JCC have recognized that this is a humanitarian initiative and they are working towards that end,” it said. “But at the same time, we won’t be able to control the commercial world.”

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