Ukraine Recap: First Ship From Ukraine Corridor Reaches Romania

The first trade ship to leave Ukraine’s seaports since the collapse of a safe-corridor grain deal with Russia reached Romanian waters, according to Bloomberg ship-tracking data. The Hong Kong-flagged container ship Joseph Schulte left Odesa Wednesday. It was the first vessel to sail via a new temporary Black Sea route established by Kyiv as it seeks to reclaim control over its maritime trade.

(Bloomberg) — The first trade ship to leave Ukraine’s seaports since the collapse of a safe-corridor grain deal with Russia reached Romanian waters, according to Bloomberg ship-tracking data. The Hong Kong-flagged container ship Joseph Schulte left Odesa Wednesday. It was the first vessel to sail via a new temporary Black Sea route established by Kyiv as it seeks to reclaim control over its maritime trade.

 

Russia launched drone attacks in Odesa in southern Ukraine overnight, damaging warehouses and grain storage facilities at a port on the Danube river, according to Oleh Kiper, the regional governor.

A deputy Ukrainian defense minister said troops have liberated the strategically important village of Urozhayne in the south, which is on the main path of the offensive to cut off Russia’s land bridge to the Crimea region.

 

Latest Coverage

  • Russia Discusses Return to Capital Controls to Stem Ruble Slump
  • Russia’s Emergency Rate Hike Fails to Lift Ruble After Crash
  • Ex-FBI Agent Pleads Guilty to Work for Russian Billionaire
  • Latvia Tightens Border Security as Belarus Crossings Rise

Markets

Wheat advanced from the lowest level since early June after the Russian attack on the Danube port. Futures in Chicago rose as much as 1.3% after tumbling 6% over the past three sessions. Ukrainian river channels have become increasingly important to circumvent Moscow’s blockade of transporting grain via the Black Sea.

Coming Up

  • Russian President Vladimir Putin meets government on economy, investments in coal regions
  • Chinese Defense Minister Li Shangfu begins three-day visit to Belarus

More stories like this are available on bloomberg.com

©2023 Bloomberg L.P.