Three ports in Ukraine have resumed work

Baku/04.10.23/Turan: Taking a bold step, all three major Black Sea ports "Odessa", "Chernomorsk" and "Yuzhny" in Ukraine have resumed their work, defying Russia's ominous threats to attack ships heading to Ukrainian ports. These ports have resumed their activities, primarily focused on grain exports, as reported by Bloomberg.

The revival of maritime trade in these ports comes after Ukraine initiated the construction of a dedicated corridor. This corridor was established following Russia's refusal to renew the grain trade agreement and its menacing declarations to obstruct ships destined for Ukrainian ports. Remarkably, the first ten vessels have successfully navigated this corridor.

International insurance companies have also exhibited a renewed willingness to provide coverage for the associated risks.

"The passage of these ships is a testament to Ukraine's audacious endeavor to forge its independent trade route, a move that has yielded fruitful results following the breakdown of the previously secure corridor negotiated with Russia," notes the agency.

In an intriguing development, The Moscow Times, a Russian publication, suggests that the corridor's functionality owes much to the neutralization of the Russian Black Sea Fleet. This neutralization was achieved through intensive bombardment by the Armed Forces of Ukraine (AFU), initiated after Vladimir Putin's refusal to extend the agreement with the United Nations and Turkey regarding the export of Ukrainian grain.--0--