A container ship set off from Ukraine's Black Sea port of Odesa on Wednesday in a test of Russia's threat to attack shipping after it abandoned a deal last month allowing Ukraine to export grain.
The departure of the Hong-Kong-flagged Joseph Schulte, which had been in the port since Feb. 23, 2022 - the day before Russia's invasion - followed a new Russian attack on Ukraine's grain export infrastructure.
Benchmark Chicago wheat futures were up about 1% after the news broke on Wednesday morning, adding to a slight earlier gain as they recovered from a two-month low on Tuesday. "A first vessel used the temporary corridor for merchant ships to/from the ports of Big Odesa," Deputy Prime Minister Oleksandr Kubrakov said on Facebook.
Moscow has not indicated whether it would respect the shipping corridor, and shipping and insurance sources have expressed concerns about safety. There was no immediate comment from Russia. Russian military bloggers said fierce fighting raged near the village and that Russian units were trying to prevent Ukraine strengthening its positions in Urozhaine. Reuters was not able to verify the reports.
A Russian warship on Sunday fired warning shots at a cargo ship in the southwestern Black Sea as it made its way northwards, the first time Russia has fired on merchant shipping beyond Ukraine since exiting the grain deal.
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