Vessels with Grain Stay in Bosphorus for Several Weeks; a Day Costs from USD 20,000: These Costs Will Lie with Ukrainian Farmers — Minister of Agrarian Policy and Food

The “grain corridor” from Ukrainian ports is not yet fully operational. Mykola Solskyi, Minister of Agrarian Policy and Food of Ukraine, made this statement at the press conference in Media Center Ukraine – Ukrinform.

“The main issue that Ukraine tries to solve is control on the Bosphorus, the JCC’s work. Therefore, we cannot see any public results yet. Negotiations are not easy. The number of vessels going to the exit and entrance is obviously insufficient, and this is a thing that greatly hinders both the Ukrainian farmers, the Ukrainian traders, and our clients, including in Africa. Because grain is increasingly expensive and unpredictable for the countries that trade with us. Logistics is expensive. It lies with farmers, because of a lot of risks that do not go away,” the Minister said.

According to Mykola Solskyi, vessels now wait for weeks to enter and exit the Bosphorus.

“I have heard that vessels stay waiting for the entrance and exit for several weeks. If we talk about demurrage of Handysize vessels, before the beginning of this year, traders called the price from 20,000 US dollars a day. Accordingly, all costs that will accrue during demurrage at the entrance, and then during demurrage at the exit, will lie with the Ukrainian farmers. This is reflected in tens of dollars per tonne of products,” the Minister explained.

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