# Bulk carrier hits mine in Black Sea, two people injured, Ukraine says

> A Panama-flagged bulk carrier bound for the Danube to load grain struck a Russian mine in the Black Sea, injuring two crew members, according to Ukrainian officials. The incident adds to safety concerns on the corridor.

- Date: 2023-12-28 · published 2023-12-28T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14342-bulk-carrier-hits-mine-in-black-sea-two-people-injured-ukraine-says
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Mine risk raises war-risk insurance costs and may deter some vessels from calling at Ukrainian ports, which supports higher freight and origin grain premiums.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2024-01-01 | 1 | +2.9% | 3.0 | A bulk carrier hitting a mine in the Black Sea raised safety concerns about the Ukrainian export corridor, adding a risk premium to wheat. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-04-15 | [Ukraine says grain on ships in blocked Black Sea ports may deteriorate \| Reuters](https://feedsoft.ai/events/14494-ukraine-says-grain-on-ships-in-blocked-black-sea-ports-may-deteriorate-reuters.md) | +2.1% | -0.0% |
| CORN | 2023-02-27 | [Ukraine seeks changes to the Black Sea Grain Initiative](https://feedsoft.ai/events/14418-ukraine-seeks-changes-to-the-black-sea-grain-initiative.md) | -1.3% | -1.8% |
| CORN | 2026-08-01 | [Ukraine's Black Sea ports lose a third of grain export capacity, farmers' union says](https://feedsoft.ai/events/14098-ukraine-s-black-sea-ports-lose-a-third-of-grain-export-capacity-farmers-union.md) | -0.1% | +8.6% |
| CORN | 2023-06-22 | [Ukraine 99.9% certain Russia will quit Black Sea grain deal in July, envoy says](https://feedsoft.ai/events/14386-ukraine-99-9-certain-russia-will-quit-black-sea-grain-deal-in-july-envoy-says.md) | -8.7% | -14.9% |
| CORN | 2023-04-18 | [Ukraine says vital Black Sea crop exports remain disrupted \| Air Freight News](https://feedsoft.ai/events/36306-ukraine-says-vital-black-sea-crop-exports-remain-disrupted-air-freight-news.md) | -0.4% | -7.3% |
| WHEAT | 2022-04-15 | [Ukraine says grain on ships in blocked Black Sea ports may deteriorate \| Reuters](https://feedsoft.ai/events/14494-ukraine-says-grain-on-ships-in-blocked-black-sea-ports-may-deteriorate-reuters.md) | -0.7% | +7.2% |
| WHEAT | 2023-02-27 | [Ukraine seeks changes to the Black Sea Grain Initiative](https://feedsoft.ai/events/14418-ukraine-seeks-changes-to-the-black-sea-grain-initiative.md) | -2.4% | -7.4% |
| WHEAT | 2026-08-01 | [Ukraine's Black Sea ports lose a third of grain export capacity, farmers' union says](https://feedsoft.ai/events/14098-ukraine-s-black-sea-ports-lose-a-third-of-grain-export-capacity-farmers-union.md) | -0.8% | +3.0% |

## Sources

- reuters.com: https://www.reuters.com/world/europe/bulk-carrier-hits-mine-black-sea-two-people-injured-ukraine-says-2023-12-28/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.