Ships sail from Ukraine despite Russia suspending grain deal
. The Russian Defense Ministry said Monday that ship traffic from ports in southern Ukraine was halted, calling the movement “unacceptable.”
“Although it is not currently participating in that deal, it is still a signatory to it. Russia’s interests are not going to be served in any way, shape or form by attacking vessels and groups in the international community,” said Munro Anderson, head of intelligence of the risk consultancy company Dryad Global.
Anderson said Russia was “unlikely to mount any overt action against any vessels operating within the parameters of the original deal,” though the risks were as high as ever of RussiaHowever, the future of the initiative is unclear as the risks have potentially increased, Anderson said. Now, the U.N. operation is moving to prioritize a large backlog of ships waiting for inspections off Istanbul, he said.
Plus, in terms of insuring cargo ships picking up Ukrainian grain, “rates are going to go up and likely be prohibitive,” said Joseph Glauber, a senior research fellow at the International Food Policy Research Institute in Washington.
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