Ukraine Reopens Bystre Canal Boosting Grain Export Route

Ukraine has taken a significant step in resuming its grain exports by reopening the Bystre Canal at the Danube's mouth, following its closure due to a dredger explosion in July. This development was announced by the Ukrainian state Seaport Authority on Wednesday.

Prior to reopening, thorough safety measures, including measurements and mine clearance conducted by the Ukrainian Navy, were ensured. The canal provides an alternative route for grain exports, crucial since Black Sea ports have experienced limited access following Russia's 2022 invasion, though their use has recently declined following the ports' reopening in 2023.

The canal's reopening allows shipping for vessels with a draught of up to 4.5 metres, subject to mandatory pilotage and restricted to daylight operations. Traffic had previously been diverted to the Romanian Sulina channel, prompting higher shipping costs, according to ASAP Agri.

(With inputs from agencies.)