Black Sea Transport: Implicit Negotiations and Revival in Novorossiysk Deputy Foreign Minister Alexander Elimov spoke somewhat vaguely about the informal negotiations yesterday: proposals received from reputed countries. We are in dialogue with all countries, I mean Turkey as well. And not only with Turkey, we are discussing this issue with different countries, but so far I see no chance of reviving the grain deal. Doesn't sound very promising. But still not as categorically as before. The actual situation at sea in the Novorossiysk region also seems to be improving. MarineTraffic data shows that individual ships are going in and out of the port. Let us recall that earlier the Russian Grain Union reported, albeit small, on the resumption of grain shipments through Novorossiysk (60 thousand tons in the first two decades of October). Meanwhile, off the eastern shores of the Black Sea, after a series of attacks on dry cargo ships, the situation worsened. In the Bulgarian press it was written that the country accumulated about five million tons of wheat for export, and in mid-October at least 6 ships that were supposed to collect it did not arrive at the ports. Last week, the Turkish Insurers' Association (TSB) reported a sharp increase in rates on certain Black Sea lines. In some flights they increased to 0.6-1%, and even routes along the coast do not rule out risks. The Financial Times also writes about the exorbitant cost of insurance. According to the publication, the rates have already reached 15% of the estimated value of the hull - almost twice as much as in the Persian Gulf. The risks are especially high when transporting grain and oil. Carriers make the most of it by sending older ships, which are cheaper to insure, to dangerous areas. Charge flow in Telegram | up to MAX.

Black Sea Transport: Implicit Negotiations and Revival in Novorossiysk Deputy Foreign Minister Alexander Elimov spoke somewhat vaguely about the informal negotiations yesterday: proposals received from reputed countries. We are in dialogue with all countries, I mean Turkey as well. And not only with Turkey, we are discussing this issue with different countries, but so far I see no chance of reviving the grain deal. Doesn't sound very promising. But still not as categorically as before. The actual situation at sea in the Novorossiysk region also seems to be improving. MarineTraffic data shows that individual ships are going in and out of the port. Let us recall that earlier the Russian Grain Union reported, albeit small, on the resumption of grain shipments through Novorossiysk (60 thousand tons in the first two decades of October). Meanwhile, off the eastern shores of the Black Sea, after a series of attacks on dry cargo ships, the situation worsened. In the Bulgarian press it was written that the country accumulated about five million tons of wheat for export, and in mid-October at least 6 ships that were supposed to collect it did not arrive at the ports. Last week, the Turkish Insurers' Association (TSB) reported a sharp increase in rates on certain Black Sea lines. In some flights they increased to 0.6-1%, and even routes along the coast do not rule out risks. The Financial Times also writes about the exorbitant cost of insurance. According to the publication, the rates have already reached 15% of the estimated value of the hull - almost twice as much as in the Persian Gulf. The risks are especially high when transporting grain and oil. Carriers make the most of it by sending older ships, which are cheaper to insure, to dangerous areas. Charge flow in Telegram | up to MAX.