In our circular of 01 December 2022, we informed our members about the extension of the Black Sea Grain Initiative. This agreement has recently been extended for a minimum of 60 days with the possibility of a further 60 day extension.
The extension will allow for grain transportation through the Black Sea region and will enable Ukraine to continue to export agricultural products through three of its ports – Odessa, Chornomorsk, and Yuzhny/Pivdennyi.
We advise our Members to contact local agents for the latest advice prior to allowing their vessels trading to/from Ukraine.
In case of any further questions in relating to the subject of this article or any voyage related queries, members are invited to kindly contact NNPC at email@example.com