A simple vessel due to Russia’s “sea” sabotage cost farmers more than $1 billion – association
As a result of Russia’s sabotage of the work of the “grain initiative”, Ukraine suffered losses of more than 1 billion dollars due to simple ships in queues.
This was announced by the president of the Ukrainian Grain Association (UZA), Mykola Gorbachev, reports Interfax-Ukraine.
He specified that these funds were not actually received by Ukrainian agricultural producers.
“This is the money that the traders paid to the owners of the ships for the fact that the ships stood in the queue for a very long time,” he explained.
As EP previously wrote, the cost of a vessel’s downtime depends on its tonnage and cargo. However, the approximate cost of one day of downtime for an average-sized vessel is $20,000, i.e., about $600,000 per month.
Although the trader actually pays for this, he later embeds these costs into the purchase price for the farmers, as a result of which the latter do not receive the funds they already need to finance their work.
Read more about the consequences of Russian sabotage for Ukrainian farmers in the article: Shortened working day and continuous “tea parties”. How Russia is trying to derail the grain agreement
We remind you:
The Russian side has been there for almost a month blocks incoming fleet at the port “Pivdenny”. Also 14 stevedores of the “South” port turned to to President Volodymyr Zelenskyi with a request to help solve the issue of Russian sabotage of the port.