Lebanon refuses Ukrainian corn cargo

  • Spanish Market: Agriculture
  • 09/08/22

A Lebanese buyer refused to accept a Ukrainian corn cargo carried by the Razonithe first ship departing from Ukrainian seaports under the UN brokered deal — because of delayed delivery, according to the Ukrainian embassy to Lebanon.

"According to the information provided by the shipper of the Ukrainian grain aboard the Razoni, the buyer in Lebanon refused to accept the cargo owing to delays in delivery terms (more than five months)," the Ukrainian embassy to Lebanon said on its official Facebook account on Monday.

Officials noted that the shipper is now looking for another consignee to offload his cargo either in Lebanon or Tripoli or any other country or port.

Market participants said that the final cargo destination was Syria, with the cargo expected to be discharged in Lebanon and then transited to Syria. But a Syrian buyer cancelled the purchase because of payment issues, as the country now struggles to get hard currency to pay for its imports.

The Razoni left the Ukrainian port of Odesa last week, carrying about 26,500t of corn. The ship first declared for Lebanon but has since been at anchor offshore Turkey and is yet to declare a final destination.

About 305,000t of agricultural products have been shipped from Ukraine's Pivdennyi, Odessa and Chornomorsk ports as of Monday, with two more vessels — Rahmi Yaggi and Ocean Lion — leaving Chornomorsk port today loaded with about 5,500t of sunflower meal and 64,500t of corn, respectively, declared to Turkey and South Korea (see table).

Ukrainian grain corridor vessels
Vessel name Departure port Departure date Commodity size (t)Destination Status Comments
Razoni Odesa 1-Augcorn 26,500Lebanon anchored at Mersin port destination unknown
Polarnet Chornomorsk 5-Augcorn 12,000Turkeydelivered
Rojen Chornomorsk 5-Augcorn 13,000England on the way
Navi StarOdesa 5-Augcorn 33,000Ireland on the way
GloryChornomorsk 7-Augcorn 66,000Turkeyon the way
Riva WindOdesa 7-Augcorn 44,000Turkeyon the way
Mustafa NecatiChornomorsk 7-Augsunflower oil6,000Italyon the way
Star HelenaChornomorsk 7-Augsunflower meal45,000Chinaon the way
Arizona Chornomorsk 8-Augcorn 48,500Turkeyon the way
Sacura Pivdennyi8-Augsoybean 11,000Italy on the way
Rahmi YaggiChornomorsk 9-Augsunflower meal5,500Turkeyon the way
Ocean Lion Chornomorsk 9-Augcorn 64,500South Korea on the way
Total 375,000

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