A cargo ship carrying 26,000 tonnes of Ukrainian corn left the port of Odesa early on Monday, in the first such voyage since a deal was signed to reopen a vital shipping lane in the Black Sea.
The Razoni is bound for Lebanon, one of the countries in need of Ukrainian grain, and another 16 ships are waiting to help ease a global food crisis.
The UN said millions of people were on the brink of severe hunger because of the blockage, with more circuitous routes by road and rail proving only partially satisfactory.
UN Secretary-General Antonio Guterres said the cargo was carrying "two commodities in short supply ... corn and hope", and that the grain shipments “bring much-needed stability and relief to global food security, especially in the most fragile humanitarian contexts.”
Ukrainian Foreign Minister Dmytro Kuleba called it a "day of relief for the world, especially for our friends in the Middle East, Asia and Africa, as the first Ukrainian grain leaves Odesa after months of Russian blockade".
Western diplomats said they were watching closely to see whether Russia upholds its promises to the UN and Turkey that it will facilitate safe passage of the grain, which were called into doubt when missiles hit Odesa after the deal was signed.
“These ships must receive safe passage. There must be no repeat of Russia’s shelling of the port of Odesa," said UK Foreign Secretary Liz Truss. ""Russia has felt the full weight of global pressure and the eyes of the whole world will now be watching."
Turkey said the ship was due to arrive in Istanbul on Tuesday, where it will be boarded for inspections under the terms of the deal. Officials have set up a co-ordination centre in the city as part of the agreement.
Mevlut Cavusoglu, Turkey's Foreign Minister, said he hoped the shipments would "continue without interruptions and problems... we hope that the agreement will lead to a ceasefire and lasting peace".
But the restart was marred by the death of a Ukrainian agricultural tycoon, Oleksiy Vadatursky, who was killed in a missile strike on Mykolaiv on Sunday.
"It is exactly such people, such companies, our Ukrainian south that have guaranteed the world's food security. It has always been so. And it will be so again," President Volodymyr Zelenskyy said.
Ukraine and Russia, two of the world's biggest agricultural exporters, blame each other for food exports grinding to a standstill during the five-month war.
Moscow is accused by western powers of bombarding grain warehouses.
Ukraine wants to generate revenue from exports just as much as other countries, such as Lebanon, want the imports, with Kyiv predicting that it could gain about $1 billion in foreign exchange from unblocking the ports of Odesa, Chornomorsk and Pivdenny.
The Turkish Defence Ministry said that the shipment would arrive in Lebanon within days. The Razoni sails under the flag of Sierra Leone.
"The ship Razoni has left the port of Odesa bound for Tripoli in Lebanon," the Turkish ministry said in a statement. "It is expected in Istanbul on August 2. It will then continue its journey after it has been inspected in Istanbul."
Lebanon is facing a major wheat shortage as the government struggles to cover subsidies for importers to buy grain on international markets because of the rising price and the country's four-year economic crisis.
Other vessels will follow, respecting the maritime corridor and the formalities in line with the agreement reached with Russia on July 22, the defence ministry said.
Turkey opened a co-ordination centre in Istanbul on Wednesday to monitor the exports. The centre is staffed by civilian and military officials from the two warring parties and delegates from Turkey and the UN.
Their primary assignment involves monitoring the safe passage of Ukrainian grain ships along established routes and looking for banned weapons on the way into and out of the Black Sea.
The drop in deliveries from two of the world's biggest grain exporters is contributing to a surge in prices that makes food imports prohibitively expensive for some of the world's poorest countries.
The UN estimates that nearly 50 million people are facing acute hunger as a direct consequence of the war that broke out after Russian forces entered Ukraine on February 24.
Wheat prices fell sharply hours after the grain shipment agreement was signed.
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
COMPANY%20PROFILE
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Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
Race%20card
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NATIONAL%20SELECTIONS
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The%20specs
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COMPANY%20PROFILE
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RESULT
Arsenal 0 Chelsea 3
Chelsea: Willian (40'), Batshuayi (42', 49')
Tips on buying property during a pandemic
Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.
While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.
While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar.
Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.
Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.
Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities.
Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong.
Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.
What are the GCSE grade equivalents?
- Grade 9 = above an A*
- Grade 8 = between grades A* and A
- Grade 7 = grade A
- Grade 6 = just above a grade B
- Grade 5 = between grades B and C
- Grade 4 = grade C
- Grade 3 = between grades D and E
- Grade 2 = between grades E and F
- Grade 1 = between grades F and G
RESULT
Arsenal 1 Chelsea 2
Arsenal: Aubameyang (13')
Chelsea: Jorginho (83'), Abraham (87')
Killing of Qassem Suleimani
UAE currency: the story behind the money in your pockets
The Good Liar
Starring: Helen Mirren, Ian McKellen
Directed by: Bill Condon
Three out of five stars
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Tonight's Chat on The National
Tonight's Chat is a series of online conversations on The National. The series features a diverse range of celebrities, politicians and business leaders from around the Arab world.
Tonight’s Chat host Ricardo Karam is a renowned author and broadcaster with a decades-long career in TV. He has previously interviewed Bill Gates, Carlos Ghosn, Andre Agassi and the late Zaha Hadid, among others. Karam is also the founder of Takreem.
Intellectually curious and thought-provoking, Tonight’s Chat moves the conversation forward.
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