First Crop Ship to Leave Ukraine Is Stuck Without a Buyer

  • Ukrainian embassy says cargo rejected by its buyer in Lebanon
  • Razoni was the first ship to transit new grain-export corridor

The cargo vessel Razoni along the Bosphorus Strait on August 3.

Photographer: Ozan Kose/AFP/Getty Images

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The first crop cargo to depart Ukraine’s newly opened grain ports is now floating in the Mediterranean Sea, searching for a new destination after losing its buyer.

Ukraine’s embassy in Beirut on Monday posted a picture of the vessel Razoni and said the cargo has been rejected by its final buyer in Lebanon, due to a five-month delay in its delivery. It was the first agriculture ship to leave the country’s major Black Sea ports since Russia’s invasion, loaded with about 26,500 tonsBloomberg Terminal of corn after a deal was recently brokered to restart exports.