Growing confidence in the Ukraine’s Humanitarian Corridor has seen another three bulk carriers loaded with iron ore and grain, leave ports in the greater Odessa region, according to local reports, with another five waiting to load cargo.
Following the EUR157 million drugs bust by Irish law enforcement on the bulker Matthew the authorities believe another major anti-narcotic operation in shipping is inevitable as smugglers target the huge European cocaine market.
Marine insurers are in talks with the Ukrainian government to provide cover for vessels serving the country as the conflict drives up the cost of claims.
Two vessels arrived in the Ukrainian port of Chernomorsk on Saturday and are set to load up to 20,000 tonnes of grain for export to Africa and Asia in what has been described as a reincarnation of the defunct Grain Deal.
Norway-based Grieg Maritime has exercised option for two ammonia-ready open hatch bulk carriers at CSSC Huangpu Wenchong shipyard.