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View all search resultsT Comexindo International, a joint venture (JV) between Indonesia’s Arsari Group and United States-Swiss company Harvest Commodities, has become the first company to transport grain out of Russia since the Ukraine war began.
“The MV White Shark was loaded with 25,000 tons of wheat […] at the Russian port of Novorossiysk yesterday,” Arsari and Harvest Commodities announced in a joint press release on Monday. “It is expected to set sail today […] and will be heading for Egypt.”
The statement also said: “Another ship, the MV Bronco, is picking up another 20,000 tons of wheat for PT Comexindo International at Novorossiysk and is also scheduled to set sail soon with Angola as its destination.”
“These are the first of many shipments where PT Comexindo International purchases grain from Russian and Ukrainian farmers and sells it to international buyers,” the joint venture said.
The resumption of shipments out of Russia comes about a week after the company picked up corn feed from the port of Odesa, Ukraine, which marked its first shipment from the country since before the conflict began.
Read also: Indonesia's Comexindo ships first grain out of Ukraine since invasion
The resumption of commercial shipments from Russia was “yet another sign of US-Russia efforts to alleviate the global food shortage caused by the conflict in Ukraine”, the statement said. It added that safe passage from the two countries was the result of “tireless efforts and agreement between the United States, Russian, Ukrainian, Turkish and Indonesian governments, as well as the United Nations”.
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