PR97360

JAKARTA, Indonesia, Aug. 8, 2022 /PRNewswire=KYODO JBN/ --

-- Two Additional Ships Picking Up Grain in Russia

Harvest Commodities' ship, M/V Riva Wind, has departed from the Port of Odessa,

Ukraine with 50,000 tons of grain, and the second ship, M/V Arizona, has left

the Port of Chornomorsk, Ukraine with 55,000 tons of grain. The grain belongs

to a joint venture between Harvest Commodities SA and Indonesia's Arsari Group.

The joint venture is through PT Comexindo International.

Photo - https://mma.prnewswire.com/media/1873699/harvest.jpg

The ships are among the first commercial shipments from Odessa since the

outbreak of conflict on 24th February 2022. Their safe passage was made

possible as a result of the tireless efforts and agreement between the United

States, Russian, Ukrainian, Turkish and Indonesian governments, as well as the

United Nations.

"I would like to congratulate the collaboration among the leadership of the

United States, Russia, Ukraine, Indonesia and Türkiye (formerly known as

Turkey) for finding enough common ground so that they have an aligned vision to

alleviate the global food shortage," said Gaurav Srivastava, Chairman of

Harvest Commodities SA.  "I hope this can be a first step toward deescalation

of the conflict."

"I also especially want to thank the captains and crews of both ships, who have

been waiting on their ships since February 2022 in Ukraine. Getting the ships

out of the Odessa Harbour, which has been heavily mined, is an act of great

bravery and skill."  The ships are headed for Turkiye (formerly known as

Turkey).

Also, two additional ships are picking up grain owned by Harvest Commodities

from Novorossiysk, Russia — the M/V Shark with 25,000 tons of grain and the M/V

Bronco with 10,000 tons of grain.

Mr. Srivastava said, "Given the fact that Indonesia is the president of the

G20, Arsari Chairman Hashim Djojohadikusumo and I share a common vision to

support the initiative for the food program both from Russia and Ukraine. We

are honoured to be doing this work together."

This is the first of many shipments where the joint venture PT Comexindo

International purchases grain from Russian and Ukrainian farmers and sells it

to international buyers.

Harvest Commodities SA is an international merchant and distributor of

agricultural product focused on matching supply and demand, managing the supply

chain, and creating value through personalized logistics, financial, and risk

mitigation services. It has operations in Los Angeles, USA/Moscow, Russia,

Kyviv, Ukraine/Geneva, Switzerland/Jakarta, Indonesia.

PT Comexindo International, formerly known as PT Prima Comexindo, a member of

Arsari Group, has been active in international trading since 1986, especially

in countries including Russia, Ukraine, Kazakhstan, Azerbaijan, Uzbekistan, the

former Yugoslavia, Africa and Southeast Asia.

Contacts:

Ariseno Ridhwan

Arsari Group

Indonesia

ariseno_ridhwan@arsari.co.id

+628111732078

Ong Hock Chuan

Maverick Indonesia

Indonesia

ong@maverick.co.id

+628128511198

Charlie Perkins

The Hawthorn Group

USA

cperkins@hawthorngroup.com

+1917232223

SOURCE  Harvest Commodities SA