AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
World

Kakhovka dam collapse blocks ‘gateway for Ukrainian exports’

Published June 8, 2023
A satellite image shows Nova Khakovka Dam in Kherson region, Ukraine. REUTERS
A satellite image shows Nova Khakovka Dam in Kherson region, Ukraine. REUTERS

KYIV: The destruction of the Kakhovka dam in southern Ukraine has made it impossible to navigate parts of the Dnipro River and deprived Kyiv of an important agricultural export route, shipping authorities said.

The loss of the route is another problem for Ukraine as uncertainty hangs over the future of a U.N.-brokered deal allowing the safe export of grain from three Ukrainian ports.

Ukraine is an important global grain and oilseeds producer, but its exports have fallen significantly since Russia’s full-scale invasion in February 2022.

The navigable Dnipro is traditionally a fast and cheap route to deliver grain and oilseeds, either by barge to Black Sea seaports or directly to consumers using river-sea vessels.

Ukraine’s Zelenskiy visits flood-hit Kherson region after Kakhovka dam collapse

“The Dnipro River is the main artery of river navigation in Ukraine. And the Kakhovka lock was the last Dnipro lock that let all ships out to the open sea,” Ukraine’s state Shipping Administration said in a statement late on Wednesday.

“In fact, the gateway for Ukrainian exports has been blocked,” it said.

About 50 vessels are stranded in the Kakhovka Reservoir, where the water level is falling, and efforts are being made to move them upstream of the city of Zaporizhzhia, the Shipping Administration said.

“Above (Zaporizhzhia) the Dnipro River will remain navigable. Below that, not for a long time yet,” it said.

Ukraine was already facing difficulties exporting agricultural products.

Ukraine says Russia blows up major Nova Kakhovka dam in southern Ukraine

Three Ukrainian ports were unblocked under the Black Sea Grain Initiative last July but Russia has said the initiative will cease unless an agreement aimed at overcoming obstacles to Russian grain and fertiliser exports is fulfilled.

Ukrainian officials say Russia has since mid-April “unreasonably restricted” the work of the grain deal.

Moscow wants a pipeline that used to take ammonia fertiliser from Russia via Ukraine to be restarted, and said an explosion on it this week would have a negative impact on the Black Sea grain deal.

Comments

Comments are closed.