Black Sea Grain Initiative: Delayed vessel inspections cost Kernel US$5 million per month
Pravda Ukraine
Delays by Russians in the inspection of vessels as part of the grain initiative cost Kernel Holding, the largest agricultural holding in Ukraine, US$57 million.
Source: Bloomberg
Details: Due to the Russian slowdown in the inspection of ships under the grain deal, companies are forced to look for alternative river and land routes, which are more expensive.