image

U.N. says details for safe Ukraine grain shipments still being worked out

Griffiths said Turkish, Russian and Ukrainian military officials were working with a U.N. team at a Joint Coordination Center in Istanbul to hammer out standard operating procedures for the deal agreed by the four parties last Friday.

“That is a detailed negotiation based on the agreement,” Griffiths told U.N. member states in a briefing on Thursday. “But without those standard operating procedures we cannot manage a safe passage of vessels.”

He acknowledged that “the devil was in the details.”

Shipping companies and the insurers that cover vessels need to be assured that the journey is secure with no threat of mines or attacks to both the ships and their crews. These are typically covered in accepted maritime practices known as standard operating procedure.

“It’s not just a matter of whether there is a ship, or two, or three available in the ports ready to move out. They need to move safely and that means that we have to be clear where exactly the channel is,” Griffiths said.

Russia and Ukraine are major global wheat suppliers, and Moscow’s Feb. 24 invasion of its neighbor sent food prices soaring, stoking a global food crisis the World Food Programme says has pushed some 47 million people into “acute hunger.”

The agreement aims to allow safe passage for grain shipments in and out of Ukrainian ports, blockaded by Russia since its Feb. 24 invasion. Russia has blamed Ukraine for stalling shipments by mining the port waters.

‘COMMERCIALLY VIABLE’

“We are hopeful of course, planning, but hopeful for the first ship movements to take place within days – hopefully tomorrow – out of those ports,” Griffiths said. “There are vessels of course in those ports with grain on board ready to move, and they will be the first to move, and then we will start having ships going in – inspected and going in.”

He said the head U.N. official at the Joint Coordination Center, Frederick J. Kenney from the International Maritime Organization, had a meeting with insurers and shipping companies on Wednesday.

“I’m told that it was very encouraging set of conversations,” Griffiths said. “We’d kept them informed as we went through the negotiations … We have to see this move.”

“It is commercially viable,” he said, adding that the U.N. World Food Programme is “actively looking” at buying Ukraine grain.

Ships going in to collect grain will be inspected at a Turkish port “to ensure there’s no contraband, no weaponry going in on these vessels,” Griffiths said.

“Inspections are likely to occur at anchorage north of the Bosphorus, details to be confirmed,” said Ismini Palla, U.N. spokesperson at the Joint Coordination Center.

U.N. and Turkish monitors in Ukraine’s Odesa port will then make sure that grain is loaded on to the ships, which will then leave “in the system of monitoring which we will establish” out of the Black Sea and into the world, Griffiths said.

He said they knew from early on in negotiations that de-mining the approaches to Ukrainian ports was not going to work because it would take too long – U.N. mine officials had estimated it would take at least four months to do it properly.

(Additional reporting by Jonathan Saul; Editing by Susan Fenton)


Source link

0 0 votes
Article Rating

 
S’abonner
Notifier de
0 Commentaires
Commentaires en ligne
Afficher tous les commentaires
Reset Password

Avertissement sur les risques :

Le trading peut vous exposer à des risques de pertes supérieures aux dépôts et ne convient qu’à une clientèle avisée ayant les moyens financiers de supporter un tel risque. Les CFD sont des instruments complexes et présentent un risque élevé de perte rapide en capital en raison de l’effet de levier. Entre 74 et 89% des comptes de clients de détail perdent de l’argent lors de la négociation de CFD. Vous devez vous assurer que vous comprenez comment les CFD fonctionnent et que vous pouvez vous permettre de prendre le risque élevé de perdre votre argent. Ce site n’est en aucun cas une offre de conseil en investissement ni une incitation quelconque à acheter ou vendre des instruments financiers. Trader le Forex et/ou les CFD’s implique un niveau de risque élevé, et peut ne pas être approprié car vous pouvez subir des pertes supérieures à votre dépôt. L’effet de levier peut être en votre défaveur.

Vous devez être conscient et avoir une compréhension complète de tous les risques associés au marché et au trading. Le site Union-trader.com peut être amené à produire des commentaires d’ordre général, ce qui ne constitue pas des conseils en investissement et ne doit pas être interprété comme tel.

Veuillez recourir aux conseils d’un conseiller financier extérieur. Le site Union-trader.com décline toute responsabilité pour les erreurs, inexactitudes ou omissions et ne garantit pas l’exactitude ou le caractère complet des informations, textes, graphiques, liens ou autres éléments contenus dans cette documentation. Toute information et toute mise à disposition sur le site ont un caractère privé.