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On 22 July, Russia and Ukraine signed an agreement with Turkey and the United Nations to allow grain exports from three ports in western Ukraine: Yuzhne, Chornomorsk, and Odesa. Combined, the three ports accounted for 65% of the country’s total grain exports over the past five years. Exports could, however, face several difficulties.
Providing the significant changes under the Amendment 39-18, 2018 edition to the IMDG Code. Note that the IMDG Code, Amendment 39-18, 2018 edition, published by the International Maritime Organization (IMO) is mandatory from 1 January 2020 and applicable for two years until the next edition of the IMDG Code becomes mandatory from 2022.
How does the International Maritime Solid Bulk Cargoes (IMSBC) Code work? When is it applicable? What are the things you need to look out for in the Code? Find your answers here in our BIMCO basic IMSBC Code Step-by-Step User Chart Guide which gives you a good overview of the requirements of the IMSBC Code.
Providing an explanation of how the four-digit Baltic Ice Code is interpreted.
US soybean, maize, and wheat exports could fall 15% in 2023 due to droughts that affected harvests last year. However, the upcoming maize harvest may drive a recovery in US grain shipments from the fourth quarter onwards.
On 22 July, Russia and Ukraine signed an agreement to allow grain exports from three ports in Ukraine during a period of 120 days. On 7 September, Putin expressed concerns over the agreement, giving rise to uncertainty about its scope and renewal.