Black Sea Shipments Could Rise With New Ukraine Route Announced
A bulk carrier ship loaded with wheat leaves a port in the town of Yuzhne, Odesa region, Ukraine, on Aug. 16.
Photographer: NurPhoto/Getty Images
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Merchant vessels have a new route to reach three ports in war-torn Ukraine, a move that could further boost shipments of food out of the Black Sea where disruptions earlier this year sent wheat prices to a record.
The new 320-nautical-mile route connects Ukraine’s ports of Odesa, Chornomorsk and Pivdennyi/Yuzhny with inspection areas inside Turkey’s territorial waters, according to a press release Thursday from the Joint Coordination Centre. The group includes representatives from Russia, Ukraine, Turkey and the United Nations with a mission to ensure the safe transportation of food and fertilizer.