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	<title>Ukraine &#8211; Cargo World Today</title>
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	<title>Ukraine &#8211; Cargo World Today</title>
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		<title>Ukraine Grain Deal Unlikely to Include New Ports in Near Term</title>
		<link>https://cargoworldtoday.com/ukraine-grain-deal-unlikely-to-include-new-ports-in-near-term/</link>
		
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		<pubDate>Fri, 16 Dec 2022 08:26:33 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[Black see]]></category>
		<category><![CDATA[Grain Deal]]></category>
		<category><![CDATA[New Ports]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Ukraine]]></category>
		<guid isPermaLink="false">https://cargoworldtoday.com/?p=39037</guid>

					<description><![CDATA[<p><img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392-150x150.jpeg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="https://www.marinelink.com/news/ukraine-grain-deal-unlikely-include-new-501634" decoding="async" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392-150x150.jpeg 150w, https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392-550x550.jpeg 550w, https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392-1100x1100.jpeg 1100w" sizes="(max-width: 150px) 100vw, 150px" /></p>
<p>The post <a rel="nofollow" href="https://cargoworldtoday.com/ukraine-grain-deal-unlikely-to-include-new-ports-in-near-term/">Ukraine Grain Deal Unlikely to Include New Ports in Near Term</a> appeared first on <a rel="nofollow" href="https://cargoworldtoday.com">Cargo World Today</a>.</p>
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										<content:encoded><![CDATA[<img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392-150x150.jpeg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="https://www.marinelink.com/news/ukraine-grain-deal-unlikely-include-new-501634" decoding="async" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392-150x150.jpeg 150w, https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392-550x550.jpeg 550w, https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392-1100x1100.jpeg 1100w" sizes="(max-width: 150px) 100vw, 150px" /><div class="vc_row wpb_row vc_row-fluid"><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<p>United Nations aid chief Martin Griffiths said on Thursday it was unlikely the Black Sea grain deal would be expanded in the near term to include more Ukrainian ports or reduce inspection times.</p>
<p>Kyiv has called for an expansion of the deal with Moscow which was mediated by the United Nations and Turkey and allows Ukraine, a major global grain exporter, to ship food products from three of its Black Sea ports despite Russia&#8217;s invasion.</p>
<p>&#8220;I don&#8217;t see that happening in the next, near term,&#8221; the U.N. under-secretary-general for humanitarian affairs and emergency relief coordinator told Reuters in an interview in the Ukrainian capital.</p>
<p>&#8220;I think it would be great if it could be expanded, the more grain that gets out into the world, the better clearly from our point of view, from the world&#8217;s point of view. But I don&#8217;t think that&#8217;s immediately likely.&#8221;</p>
<p>Griffiths travelled to Ukraine this week, visiting the southern cities of Mykolaiv and recently liberated Kherson as Ukraine grapples with winter power outages caused by Russian air strikes on critical infrastructure.</p>
<p>The official, who said he was not in Ukraine to mediate and that he was strictly there to review the humanitarian aid program, said on Nov. 30 that a deal was &#8220;close&#8221; to agreeing a resumption of Russian ammonia exports via Ukraine.</p>
<p>Ammonia, which is used to make fertilizer, would be pumped through an existing pipeline to the Black Sea. The pipeline was shut down when Russia invaded this year.</p>
<p>On Thursday, Griffiths said work on that agreement was still under way and that he did not know when it would go through.</p>
<p>&#8220;We continue to&#8230; obviously want it because &#8230; fertilizer at the moment is almost more important than grain in terms of export to the global south,&#8221; he said. &#8220;So we&#8217;re still working at it. I don&#8217;t know when it will go through.&#8221;</p>
<p>Russian and Ukrainian representatives have discussed the possibility of linking a prisoner swap that would release a large number of prisoners on both side to the resumption of ammonia exports.</p>
<p>Rebeca Grynspan, Secretary-General of the U.N. Conference on Trade and Development, voiced optimism earlier on Thursday that there would be a breakthrough in negotiations.</p>
<p>At a news conference earlier on Thursday with Ukraine&#8217;s prime minister, Griffiths said international humanitarian aid agencies had reached just under 14 million people with assistance since the beginning of the war.</p>
<p><img fetchpriority="high" decoding="async" class="alignnone size-full wp-image-39042" src="https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392.jpeg" alt="https://www.marinelink.com/news/ukraine-grain-deal-unlikely-include-new-501634" width="2454" height="1636" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392.jpeg 2454w, https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392-300x200.jpeg 300w, https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392-1024x683.jpeg 1024w, https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392-768x512.jpeg 768w, https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392-1536x1024.jpeg 1536w, https://cargoworldtoday.com/wp-content/uploads/2022/12/olivia-adobe-stock-137392-2048x1365.jpeg 2048w" sizes="(max-width: 2454px) 100vw, 2454px" /></p>

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<p>The post <a rel="nofollow" href="https://cargoworldtoday.com/ukraine-grain-deal-unlikely-to-include-new-ports-in-near-term/">Ukraine Grain Deal Unlikely to Include New Ports in Near Term</a> appeared first on <a rel="nofollow" href="https://cargoworldtoday.com">Cargo World Today</a>.</p>
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		<title>Black Sea Grain Export Deal Extended</title>
		<link>https://cargoworldtoday.com/black-sea-grain-export-deal-extended/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 24 Nov 2022 17:37:32 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[Black see]]></category>
		<category><![CDATA[Grain Deal]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Ukraine]]></category>
		<guid isPermaLink="false">https://cargoworldtoday.com/?p=38522</guid>

					<description><![CDATA[<p><img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/11/eugene-adobe-stock-136796-150x150.jpeg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="https://www.marinelink.com/news/black-sea-grain-export-deal-extended-501038" decoding="async" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/11/eugene-adobe-stock-136796-150x150.jpeg 150w, https://cargoworldtoday.com/wp-content/uploads/2022/11/eugene-adobe-stock-136796-550x550.jpeg 550w, https://cargoworldtoday.com/wp-content/uploads/2022/11/eugene-adobe-stock-136796-1100x1100.jpeg 1100w" sizes="(max-width: 150px) 100vw, 150px" /></p>
<p>The post <a rel="nofollow" href="https://cargoworldtoday.com/black-sea-grain-export-deal-extended/">Black Sea Grain Export Deal Extended</a> appeared first on <a rel="nofollow" href="https://cargoworldtoday.com">Cargo World Today</a>.</p>
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			<p>A deal aimed at easing global food shortages by facilitating Ukraine&#8217;s agricultural exports from its southern Black Sea ports was extended for 120 days on Thursday, though Moscow said its own demands were yet to be fully addressed.</p>
<p>The agreement, initially reached in July, created a protected sea transit corridor and was designed to alleviate global food shortages by allowing exports to resume from three ports in Ukraine, a major producer of grains and oilseeds.</p>
<p>&#8220;I welcome the agreement by all parties to continue the Black Sea grain initiative to facilitate the safe navigation of export of grain, foodstuffs and fertilisers from Ukraine,&#8221; UN Secretary General Antonio Guterres said in a statement.</p>
<p>Guterres said the UN was also &#8220;fully committed to removing the remaining obstacles to exporting food and fertilisers from the Russian Federation&#8221; &#8211; a part of the deal Moscow sees as critical.</p>
<p>Russia&#8217;s foreign ministry confirmed the extension of the Black Sea grain deal for 120 days starting from Nov. 18, without any changes to the current one.</p>
<p>The export of Russian ammonia via a pipeline to the Black Sea has not yet been agreed as part of the renewal, two sources familiar with discussions told Reuters. But Russia would continue efforts to resume those exports, one of the sources added. Ammonia is an important ingredient in fertiliser.</p>
<p>Ukrainian President Volodymyr Zelenskiy said in September he would only back the idea of reopening Russian ammonia exports through Ukraine if Moscow handed back prisoners of war, an idea the Kremlin quickly rejected.</p>
<p>&#8220;The renewal of the Black Sea grain initiative is good news for global food security and for the developing world,&#8221; Rebeca Grynspan, secretary-general of the U.N. Conference on Trade and Development said on Twitter, calling it a &#8220;beacon of hope&#8221;.</p>
<p>&#8220;Solving the fertiliser crunch must come next,&#8221; she added.</p>
<p>The 120-day extension was less than the one-year sought by both the United Nations and Ukraine. Russia said earlier this week that the current duration period of the deal seems &#8220;justified.&#8221;.</p>
<p><strong>Global food price crisis</strong><br />
A drop in shipments from Ukraine following Russia&#8217;s invasion in February has played a role in this year&#8217;s global food price crisis but there have also been other important drivers including the COVID-19 pandemic and continued climate shocks such as droughts in both Argentina and the United States.</p>
<p>Since July, some 11.1 million tonnes of agricultural products have been shipped under the grain deal, including 4.5 million tonnes of corn and 3.2 million tonnes of wheat.</p>
<p>Wheat prices in Chicago fell following the news that the agreement would be extended. The benchmark contract was down 2% and corn was down 1.3%.</p>
<p>&#8220;This is bearish for the market because it removes remaining doubts and we have something clear for the coming four months,&#8221; one French trader said.</p>
<p>&#8220;However, the fact that it is only for four months instead of the one year Ukraine had been asking for means that uncertainty will resume in four months, with people wondering whether Russia will sign an extension or not.&#8221;</p>
<p>Both Ukraine and Russia are major global grain exporters. Russia is the world&#8217;s largest wheat exporter and a major supplier of fertilisers to global markets.</p>
<p>Since July, Moscow has repeatedly said that its shipments of grain and fertilisers, though not directly targeted by Western sanctions, are constrained because the sanctions make it harder for exporters to process payments or to obtain vessels and insurance.</p>
<p>Moscow presumed that the Russian concerns related to easier conditions for its exports would be fully taken into account in coming months, its foreign ministry said.</p>
<p>&#8220;We took note of the UN Secretariat&#8217;s intensified efforts to implement its commitments in this regard and the information provided to us on its interim results on the removal of obstacles to the supply of Russian fertilisers and foodstuffs,&#8221; the ministry said.</p>
<p>&#8220;All these issues should be resolved within the 120 days for which the &#8216;package deal&#8217; is extended.&#8221;</p>
<p><img decoding="async" class="alignnone size-full wp-image-38653" src="https://cargoworldtoday.com/wp-content/uploads/2022/11/eugene-adobe-stock-136796.jpeg" alt="https://www.marinelink.com/news/black-sea-grain-export-deal-extended-501038" width="2000" height="1333" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/11/eugene-adobe-stock-136796.jpeg 2000w, https://cargoworldtoday.com/wp-content/uploads/2022/11/eugene-adobe-stock-136796-300x200.jpeg 300w, https://cargoworldtoday.com/wp-content/uploads/2022/11/eugene-adobe-stock-136796-1024x682.jpeg 1024w, https://cargoworldtoday.com/wp-content/uploads/2022/11/eugene-adobe-stock-136796-768x512.jpeg 768w, https://cargoworldtoday.com/wp-content/uploads/2022/11/eugene-adobe-stock-136796-1536x1024.jpeg 1536w" sizes="(max-width: 2000px) 100vw, 2000px" /></p>

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		<title>What is Known About the Drone Attack on Crimea?</title>
		<link>https://cargoworldtoday.com/what-is-known-about-the-drone-attack-on-crimea/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Mon, 31 Oct 2022 13:22:57 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[Black Sea]]></category>
		<category><![CDATA[Crimea]]></category>
		<category><![CDATA[Drone Attack]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Ukraine]]></category>
		<guid isPermaLink="false">https://cargoworldtoday.com/?p=38168</guid>

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<p>The post <a rel="nofollow" href="https://cargoworldtoday.com/what-is-known-about-the-drone-attack-on-crimea/">What is Known About the Drone Attack on Crimea?</a> appeared first on <a rel="nofollow" href="https://cargoworldtoday.com">Cargo World Today</a>.</p>
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										<content:encoded><![CDATA[<img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/10/ustration-only-andrii-salivonadobestock-136295-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="https://www.marinelink.com/news/known-drone-attack-crimea-500575" decoding="async" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/10/ustration-only-andrii-salivonadobestock-136295-150x150.jpg 150w, https://cargoworldtoday.com/wp-content/uploads/2022/10/ustration-only-andrii-salivonadobestock-136295-550x550.jpg 550w" sizes="(max-width: 150px) 100vw, 150px" /><div class="vc_row wpb_row vc_row-fluid"><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<p>Russia suspended participation in the U.N.-brokered Black Sea grain deal after what it said was a Ukrainian drone attack on vessels in the Bay of Sevastopol in the early hours of Saturday. What do we know so far?</p>
<p><strong>WHAT HAPPENED?</strong></p>
<p>Russia said 16 air and maritime drones attacked civilian and Black Sea Fleet vessels in the Bay of Sevastopol in Crimea at 0420 Kyiv time on Saturday.</p>
<p>Russia said all nine of the air drones were destroyed. Four of the seven maritime drones were destroyed on the outer perimeter of the bay, but three more made it inside before they were destroyed, Russia said. Russia reported minor damage to the minesweeper Ivan Golubets, the ministry said.</p>
<p>Reuters was unable to immediately verify battlefield accounts. Unverified footage on social media showed what appeared to be maritime drones speeding across the water towards a Russian battleship while bullets were fired at the drone.</p>
<p><strong>WHO CARRIED OUT THE ATTACK?</strong></p>
<p>Russia&#8217;s defense ministry said the attack was carried out by Ukraine&#8217;s 73rd Marine Special Operations Center under the guidance and leadership of British navy specialists in the town of Ochakiv on the Black Sea coast. It said that personnel from the same British navy unit, which it did not name, had blown up the Nord Stream pipelines last month. Britain denied the claim.</p>
<p>&#8220;To detract from their disastrous handling of the illegal invasion of Ukraine, the Russian Ministry of Defence is resorting to peddling false claims of an epic scale,&#8221; a spokesperson for Britain&#8217;s ministry of defense said.</p>
<p>&#8220;This latest invented story says more about the arguments going on inside the Russian Government than it does about the West.&#8221; Ukraine has neither denied nor confirmed that it carried out the drone attack on Sevastopol and has instead suggested that Russia carried out the attack on itself so that it could suspend participation in the grain deal. Ukrainian President Volodymyr Zelenskiy&#8217;s chief of staff, Andriy Yermak, said Russia had carried out &#8220;fictitious terrorist attacks on its own facilities&#8221;.</p>
<p>Neither Russia nor Ukraine has provided evidence for their claims.</p>
<p><strong>WHERE DID THE DRONES COME FROM?</strong></p>
<p>Russia says it has recovered the wreckage of some of the maritime drones. It said it had investigated the memory of the Canadian-made navigation modules installed on the drones. The maritime drones, it said, were launched from the coast near Odesa and had moved along the grain corridor security zone before heading into the Bay of Sevastopol, the largest city on the Crimean peninsula that Russia annexed from Ukraine in 2014.</p>
<p>The defense ministry said one of the maritime drones appeared to have started from within the security zone of the grain corridor itself. &#8220;This may indicate the preliminary launch of this device from aboard one of the civilian vessels chartered by Kyiv or its Western patrons for the export of agricultural products from the seaports of Ukraine,&#8221; the defense ministry said.</p>
<p><strong>WHAT HAPPENS TO THE GRAIN DEAL?</strong></p>
<p>Russia has been careful not to completely walk away from the deal.</p>
<p>&#8220;The Russian side cannot guarantee the safety of civilian dry cargo ships participating in the &#8216;Black Sea initiative&#8217; and suspends its implementation from today on indefinite period,&#8221; the Russian foreign ministry said on Oct. 29.</p>
<p><img decoding="async" class="alignnone size-full wp-image-38175" src="https://cargoworldtoday.com/wp-content/uploads/2022/10/ustration-only-andrii-salivonadobestock-136295.jpg" alt="https://www.marinelink.com/news/known-drone-attack-crimea-500575" width="1437" height="920" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/10/ustration-only-andrii-salivonadobestock-136295.jpg 1437w, https://cargoworldtoday.com/wp-content/uploads/2022/10/ustration-only-andrii-salivonadobestock-136295-300x192.jpg 300w, https://cargoworldtoday.com/wp-content/uploads/2022/10/ustration-only-andrii-salivonadobestock-136295-1024x656.jpg 1024w, https://cargoworldtoday.com/wp-content/uploads/2022/10/ustration-only-andrii-salivonadobestock-136295-768x492.jpg 768w" sizes="(max-width: 1437px) 100vw, 1437px" /></p>

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		<title>Black Sea Grain Deal Talks Bring Little Progress</title>
		<link>https://cargoworldtoday.com/black-sea-grain-deal-talks-bring-little-progress/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 21 Oct 2022 11:04:20 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[Black Sea]]></category>
		<category><![CDATA[Grain Deal]]></category>
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			<p>Talks on extending a July deal that resumed Ukraine Black Sea grain and fertilizer exports are not making much progress because Russian concerns are not being taken into proper account, Russia’s U.N. ambassador in Geneva said on Thursday.</p>
<p>Senior United Nations officials are negotiating with Russia to extend and expand the July 22 deal that could expire next month if an agreement is not reached.</p>
<p>“I wouldn’t say that much has been achieved as a result of the latest consultations. The dialogue is continuing,” Gennady Gatilov told reporters.</p>
<p>He reiterated Moscow’s stance that Western sanctions were hamstringing its own exports of grain and fertilizer, even to poor countries that need the supplies.</p>
<p>“There is no point in continuing an agreement, one part of which may come out as dead on arrival. So, of course, the Russian&#8230; authorities will be very seriously considering the future of the extension of this grain deal,” he said.</p>
<p>Gatilov told Reuters last week that Moscow has submitted concerns to the United Nations about the agreement on Black Sea grain exports and was prepared to reject renewing the deal.</p>
<p>The agreement creating a protected sea transit corridor was designed to alleviate global food shortages, with Ukraine’s customers including some of the world’s poorest countries.</p>
<p>The early focus was on moving ships which had been stuck in Ukrainian ports for months, most of which were laden with corn and booked by developed countries.</p>
<p>The bulk of last year’s wheat crop in Ukraine, which is harvested earlier than corn, had already been shipped when Russian troops entered the country.</p>
<p>Developing countries such as Somalia and Eritrea rely heavily on imports of wheat from both Russia and Ukraine.</p>
<p>In a briefing for Geneva reporters, Gatilov played down the idea that Russia would use nuclear weapons in the Ukraine conflict even though the Kremlin has repeatedly raised the prospect of doing just that.</p>
<p>“We will never do this, at least, we will not be the country who initiate this, so it’s clear,” he said.</p>
<p>Gatilov said Moscow had told the International Committee of the Red Cross that it would cooperate on arranging visits to Ukrainian prisoners of war.</p>
<p>“But you must imagine that we have more than 6,000 Ukrainian prisoners and sometimes it’s not possible to organize all visits. Ukrainians have less. And this is not the issue of number of visits. The issue is the quality of visit and the result of this visit,” he said.</p>
<p>He also dismissed allegations that Russian forces or their allies were forcibly deporting Ukrainian children.</p>
<p>“We are not trying to &#8211; as some mass media are trying to put it &#8211; kidnap Ukrainian children. This is not our goal. This is simply an attempt to help children that need really care, that need support,” he said.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-38005" src="https://cargoworldtoday.com/wp-content/uploads/2022/10/katatonia-adobe-stock-136078.jpeg" alt="https://www.marinelink.com/news/black-sea-grain-deal-talks-bring-little-500356" width="2000" height="1332" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/10/katatonia-adobe-stock-136078.jpeg 2000w, https://cargoworldtoday.com/wp-content/uploads/2022/10/katatonia-adobe-stock-136078-300x200.jpeg 300w, https://cargoworldtoday.com/wp-content/uploads/2022/10/katatonia-adobe-stock-136078-1024x682.jpeg 1024w, https://cargoworldtoday.com/wp-content/uploads/2022/10/katatonia-adobe-stock-136078-768x511.jpeg 768w, https://cargoworldtoday.com/wp-content/uploads/2022/10/katatonia-adobe-stock-136078-1536x1023.jpeg 1536w" sizes="(max-width: 2000px) 100vw, 2000px" /></p>

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<p>The post <a rel="nofollow" href="https://cargoworldtoday.com/black-sea-grain-deal-talks-bring-little-progress/">Black Sea Grain Deal Talks Bring Little Progress</a> appeared first on <a rel="nofollow" href="https://cargoworldtoday.com">Cargo World Today</a>.</p>
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		<title>Ukraine Dispatches Its Biggest Grain Convoy of U.N. Deal So Far</title>
		<link>https://cargoworldtoday.com/ukraine-dispatches-its-biggest-grain-convoy-of-u-n-deal-so-far/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Tue, 06 Sep 2022 11:31:46 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[Biggest Grain Convoy]]></category>
		<category><![CDATA[Chornomorsk]]></category>
		<category><![CDATA[Odesa]]></category>
		<category><![CDATA[Pivdenny]]></category>
		<category><![CDATA[the Black Sea]]></category>
		<category><![CDATA[U.N. Deal]]></category>
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		<guid isPermaLink="false">https://cargoworldtoday.com/?p=37010</guid>

					<description><![CDATA[<p><img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/09/credit-aloshin-evgeniyadobestock-134879-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="https://www.marinelink.com/news/ukraine-dispatches-biggest-grain-convoy-499221?cid=113" decoding="async" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/09/credit-aloshin-evgeniyadobestock-134879-150x150.jpg 150w, https://cargoworldtoday.com/wp-content/uploads/2022/09/credit-aloshin-evgeniyadobestock-134879-550x550.jpg 550w" sizes="(max-width: 150px) 100vw, 150px" /></p>
<p>The post <a rel="nofollow" href="https://cargoworldtoday.com/ukraine-dispatches-its-biggest-grain-convoy-of-u-n-deal-so-far/">Ukraine Dispatches Its Biggest Grain Convoy of U.N. Deal So Far</a> appeared first on <a rel="nofollow" href="https://cargoworldtoday.com">Cargo World Today</a>.</p>
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										<content:encoded><![CDATA[<img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/09/credit-aloshin-evgeniyadobestock-134879-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="https://www.marinelink.com/news/ukraine-dispatches-biggest-grain-convoy-499221?cid=113" decoding="async" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/09/credit-aloshin-evgeniyadobestock-134879-150x150.jpg 150w, https://cargoworldtoday.com/wp-content/uploads/2022/09/credit-aloshin-evgeniyadobestock-134879-550x550.jpg 550w" sizes="(max-width: 150px) 100vw, 150px" /><div class="vc_row wpb_row vc_row-fluid"><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<p>Ukraine said it had dispatched its biggest convoy of grain vessels under a U.N.-brokered deal so far after 13 ships set sail from its ports on Sunday carrying 282,500 tonnes of agricultural products to foreign markets.</p>
<p>The cargo bound for eight countries was loaded at the Black Sea ports of Odesa, Chornomorsk and Pivdennyi. The ports had been completely blockaded by Russia&#8217;s invasion until a July 22 deal that was brokered by the United Nations and Turkey.</p>
<p>Eighty-six ships have since set sail from Ukrainian ports under the deal, carrying 2 million tonnes of agricultural products to 19 countries, the Ukrainian Infrastructure Ministry said in a statement on Facebook.</p>
<p>The deal was struck after Ukraine&#8217;s access to its main export route via the Black Sea was cut when Russia invaded and blockaded Ukraine&#8217;s ports, prompting a surge in global food prices and fears of shortages in Africa and the Middle East.</p>
<p>Ukraine hopes to export 60 million tonnes of grain in eight to nine months, presidential economic adviser Oleh Ustenko said in July, cautioning that those exports could take up to 24 months if ports do not function properly.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-37022" src="https://cargoworldtoday.com/wp-content/uploads/2022/09/credit-aloshin-evgeniyadobestock-134879.jpg" alt="https://www.marinelink.com/news/ukraine-dispatches-biggest-grain-convoy-499221?cid=113" width="1701" height="950" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/09/credit-aloshin-evgeniyadobestock-134879.jpg 1701w, https://cargoworldtoday.com/wp-content/uploads/2022/09/credit-aloshin-evgeniyadobestock-134879-300x168.jpg 300w, https://cargoworldtoday.com/wp-content/uploads/2022/09/credit-aloshin-evgeniyadobestock-134879-1024x572.jpg 1024w, https://cargoworldtoday.com/wp-content/uploads/2022/09/credit-aloshin-evgeniyadobestock-134879-768x429.jpg 768w, https://cargoworldtoday.com/wp-content/uploads/2022/09/credit-aloshin-evgeniyadobestock-134879-1536x858.jpg 1536w" sizes="(max-width: 1701px) 100vw, 1701px" /></p>

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		<title>Some 720,000 t of Food Have Left Ukraine Under Grain Export Deal</title>
		<link>https://cargoworldtoday.com/some-720000-t-of-food-have-left-ukraine-under-grain-export-deal/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Tue, 23 Aug 2022 14:48:59 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[Black see]]></category>
		<category><![CDATA[food]]></category>
		<category><![CDATA[grain export deal]]></category>
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		<guid isPermaLink="false">https://cargoworldtoday.com/?p=36749</guid>

					<description><![CDATA[<p><img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/08/GREKDEF5BBOXXNP2HWC266I2VI-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="https://www.reuters.com/markets/europe/around-720000-tonnes-food-have-left-ukraine-under-grain-export-deal-2022-08-23/" decoding="async" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/08/GREKDEF5BBOXXNP2HWC266I2VI-150x150.jpg 150w, https://cargoworldtoday.com/wp-content/uploads/2022/08/GREKDEF5BBOXXNP2HWC266I2VI-550x550.jpg 550w" sizes="(max-width: 150px) 100vw, 150px" /></p>
<p>The post <a rel="nofollow" href="https://cargoworldtoday.com/some-720000-t-of-food-have-left-ukraine-under-grain-export-deal/">Some 720,000 t of Food Have Left Ukraine Under Grain Export Deal</a> appeared first on <a rel="nofollow" href="https://cargoworldtoday.com">Cargo World Today</a>.</p>
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										<content:encoded><![CDATA[<img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/08/GREKDEF5BBOXXNP2HWC266I2VI-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="https://www.reuters.com/markets/europe/around-720000-tonnes-food-have-left-ukraine-under-grain-export-deal-2022-08-23/" decoding="async" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/08/GREKDEF5BBOXXNP2HWC266I2VI-150x150.jpg 150w, https://cargoworldtoday.com/wp-content/uploads/2022/08/GREKDEF5BBOXXNP2HWC266I2VI-550x550.jpg 550w" sizes="(max-width: 150px) 100vw, 150px" /><div class="vc_row wpb_row vc_row-fluid"><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<p>A total of 33 cargo ships carrying around 719,549 tonnes of foodstuffs have left Ukraine under a deal brokered by the United Nations and Turkey to unblock Ukrainian sea ports, the Ukrainian agriculture ministry said on Tuesday.</p>
<p>&nbsp;</p>
<p>The Joint Coordination Centre in Turkey that monitors implementation of the agreement put the total amount of grain and foodstuffs exported from three Ukrainian Black Sea ports since the deal was reached at 721,449 tonnes.</p>
<p>&nbsp;</p>
<p>Ukraine&#8217;s grain exports slumped after Russia invaded the country on Feb. 24 and blockaded its Black Sea ports, driving up global food prices and prompting fears of shortages in Africa and the Middle East.</p>
<p>&nbsp;</p>
<p>Three Black Sea ports were unblocked under the deal signed on July 22 by Moscow and Kyiv.</p>
<p>&nbsp;</p>
<p>In addition to the vessels that have already left Ukraine, the agriculture ministry said a further 18 were now loading or waiting for permission to leave Ukrainian ports.</p>
<p>&nbsp;</p>
<p>The ministry said Ukrainian grain exports could reach 4 million tonnes in August, compared with 3 million tonnes in July.</p>
<p>&nbsp;</p>
<p>In a separate statement, the ministry said exports of key Ukrainian agricultural commodities had fallen by almost half since the start of the Russian invasion compared to the same period in 2021.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-36752" src="https://cargoworldtoday.com/wp-content/uploads/2022/08/GREKDEF5BBOXXNP2HWC266I2VI.jpg" alt="https://www.reuters.com/markets/europe/around-720000-tonnes-food-have-left-ukraine-under-grain-export-deal-2022-08-23/" width="960" height="640" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/08/GREKDEF5BBOXXNP2HWC266I2VI.jpg 960w, https://cargoworldtoday.com/wp-content/uploads/2022/08/GREKDEF5BBOXXNP2HWC266I2VI-300x200.jpg 300w, https://cargoworldtoday.com/wp-content/uploads/2022/08/GREKDEF5BBOXXNP2HWC266I2VI-768x512.jpg 768w" sizes="(max-width: 960px) 100vw, 960px" /></p>

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<p>The post <a rel="nofollow" href="https://cargoworldtoday.com/some-720000-t-of-food-have-left-ukraine-under-grain-export-deal/">Some 720,000 t of Food Have Left Ukraine Under Grain Export Deal</a> appeared first on <a rel="nofollow" href="https://cargoworldtoday.com">Cargo World Today</a>.</p>
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		<title>Ukraine Asks Lebanon to Reopen Probe into Alleged Stolen Grain</title>
		<link>https://cargoworldtoday.com/ukraine-asks-lebanon-to-reopen-probe-into-alleged-stolen-grain/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Wed, 03 Aug 2022 13:54:24 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[Black Sea]]></category>
		<category><![CDATA[corn]]></category>
		<category><![CDATA[docked in Lebanon]]></category>
		<category><![CDATA[Lebanon]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[stolen grain]]></category>
		<category><![CDATA[Syria]]></category>
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		<guid isPermaLink="false">https://cargoworldtoday.com/?p=36340</guid>

					<description><![CDATA[<p><img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/08/Grain_800x533_L_1421323031-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="https://uk.investing.com/news/commodities-news/ukraine-envoy-asks-lebanon-to-reopen-probe-into-alleged-stolen-grain-2707519" decoding="async" /></p>
<p>The post <a rel="nofollow" href="https://cargoworldtoday.com/ukraine-asks-lebanon-to-reopen-probe-into-alleged-stolen-grain/">Ukraine Asks Lebanon to Reopen Probe into Alleged Stolen Grain</a> appeared first on <a rel="nofollow" href="https://cargoworldtoday.com">Cargo World Today</a>.</p>
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										<content:encoded><![CDATA[<img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/08/Grain_800x533_L_1421323031-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="https://uk.investing.com/news/commodities-news/ukraine-envoy-asks-lebanon-to-reopen-probe-into-alleged-stolen-grain-2707519" decoding="async" /><div class="vc_row wpb_row vc_row-fluid"><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<p>Ukraine asked Lebanon&#8217;s top prosecutor on Wednesday to reopen a probe into a ship Kyiv says was carrying stolen grain that remains docked in Lebanon pending a seizure order.</p>
<p>Ukraine says the Syrian-flagged ship, in the northern Lebanese port of Tripoli, is carrying some 10,000 tonnes of flour and barley plundered by Russia following its February invasion.</p>
<p>Ukraine&#8217;s ambassador to Lebanon, Ihor Ostash, told a news conference at the embassy near Beirut that the request to investigate further was based on new evidence gathered by a Ukrainian judge and handed over to Lebanon on Monday.</p>
<p>The Lebanese prosecutor, Ghassan Oueidat, lifted a first seizure order on the Laodicea ship he had issued last week after finding no criminal offence committed. But it remains unable to sail until at least Thursday due to another order from a judge in Tripoli.</p>
<p>Moscow has previously denied stealing grain. Russia&#8217;s Embassy in Lebanon said it had no information on the cargo.</p>
<p>An official from the company that owns the cargo has also denied it was stolen and said the ship would sail to nearby Syria should it be allowed to leave.</p>
<p>Ukrainian authorities say the Laodicea travelled to a port in Russian-occupied Crimea closed to international shipping and that it took on cargo there before sailing to Lebanon.</p>
<p>Ostash added that a ship carrying 26,000 tons of corn, the first carrying Ukrainian grain to leave its Black Sea ports with cargo for international markets since Russia&#8217;s invasion, would arrive in Lebanon within four to five days.</p>
<p>He said Ukraine remained commited to supporting Lebanon with grain shipments as Lebanon deals with shortages of basic goods including wheat amid a three-year financial collapse.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-36343" src="https://cargoworldtoday.com/wp-content/uploads/2022/08/Grain_800x533_L_1421323031.jpg" alt="https://uk.investing.com/news/commodities-news/ukraine-envoy-asks-lebanon-to-reopen-probe-into-alleged-stolen-grain-2707519" width="800" height="533" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/08/Grain_800x533_L_1421323031.jpg 800w, https://cargoworldtoday.com/wp-content/uploads/2022/08/Grain_800x533_L_1421323031-300x200.jpg 300w, https://cargoworldtoday.com/wp-content/uploads/2022/08/Grain_800x533_L_1421323031-768x512.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /></p>

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		<title>Ukraine Working to Prep Black Sea Ports for Grain Exports</title>
		<link>https://cargoworldtoday.com/ukraine-working-to-prep-black-sea-ports-for-grain-exports/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Wed, 27 Jul 2022 14:12:00 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[Black Sea]]></category>
		<category><![CDATA[Grain Exports]]></category>
		<category><![CDATA[ports]]></category>
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		<guid isPermaLink="false">https://cargoworldtoday.com/?p=36192</guid>

					<description><![CDATA[<p><img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/07/manola72-adobe-stock-133967-150x150.jpeg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="https://www.marinelink.com/news/ukraine-working-prep-black-sea-ports-498322" decoding="async" /></p>
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]]></description>
										<content:encoded><![CDATA[<img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/07/manola72-adobe-stock-133967-150x150.jpeg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="https://www.marinelink.com/news/ukraine-working-prep-black-sea-ports-498322" decoding="async" /><div class="vc_row wpb_row vc_row-fluid"><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<p>Ukraine&#8217;s navy confirmed on Wednesday that work had started at three Ukrainian Black Sea ports aimed at preparing for the resumption of grain exports.</p>
<p>&#8220;In connection with the signing of the agreement on the unblocking (by Russia) of Ukrainian ports for the export of grain, work has been resumed in the ports of Odesa, Chornomorsk and Pivdeny,&#8221; the navy said on Facebook.</p>
<p>&#8220;The departure and arrival of ships to seaports will be carried out by forming a caravan that will accompany the lead ship.&#8221;</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-36194" src="https://cargoworldtoday.com/wp-content/uploads/2022/07/manola72-adobe-stock-133967.jpeg" alt="https://www.marinelink.com/news/ukraine-working-prep-black-sea-ports-498322" width="400" height="300" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/07/manola72-adobe-stock-133967.jpeg 400w, https://cargoworldtoday.com/wp-content/uploads/2022/07/manola72-adobe-stock-133967-300x225.jpeg 300w" sizes="(max-width: 400px) 100vw, 400px" /></p>

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		<title>Airfreight rates to continue to rise despite easing demand?</title>
		<link>https://cargoworldtoday.com/airfreight-rates-to-continue-to-rise-despite-easing-demand/</link>
		
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		<pubDate>Mon, 23 May 2022 09:20:56 +0000</pubDate>
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					<description><![CDATA[<p><img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-ahmed-muntasir-912050-1-1-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="" decoding="async" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-ahmed-muntasir-912050-1-1-150x150.jpg 150w, https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-ahmed-muntasir-912050-1-1-550x550.jpg 550w, https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-ahmed-muntasir-912050-1-1-1100x1100.jpg 1100w" sizes="(max-width: 150px) 100vw, 150px" />The current easing of the airfreight market may only be a temporary blip and rates could rise further once lockdowns in China are lifted, according to Bruce Chan, senior analyst&#8230;</p>
<p>The post <a rel="nofollow" href="https://cargoworldtoday.com/airfreight-rates-to-continue-to-rise-despite-easing-demand/">Airfreight rates to continue to rise despite easing demand?</a> appeared first on <a rel="nofollow" href="https://cargoworldtoday.com">Cargo World Today</a>.</p>
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										<content:encoded><![CDATA[<img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-ahmed-muntasir-912050-1-1-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="" decoding="async" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-ahmed-muntasir-912050-1-1-150x150.jpg 150w, https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-ahmed-muntasir-912050-1-1-550x550.jpg 550w, https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-ahmed-muntasir-912050-1-1-1100x1100.jpg 1100w" sizes="(max-width: 150px) 100vw, 150px" /><p>The current easing of the airfreight market may only be a temporary blip and rates could rise further once lockdowns in China are lifted, according to Bruce Chan, senior analyst at investment bank Stifel.</p>
<p>In the latest Baltic Exchange market round-up, Chan said that <strong><a href="https://www.aircargonews.net/business/disruption-continues-to-hit-air-cargo-as-volumes-drop-again-in-april/" target="_blank" rel="noopener">despite a year on year drop in demand over recent months</a></strong>, supply chains remain congested and there could be a surge in production when factories in China re-open following Covid curfews.</p>
<p>“Early in the year, I expressed some level of surprise that we were not seeing even more upward rate trajectory based on the removal of air cargo capacity due to ongoing conflict in Ukraine,” said Chan. “I posited that upward pressure there was being offset, in large part, by a production vacuum in China as a result of widespread Covid-related lockdowns.</p>
<p>“For context, the percentage of the population under lockdown in China right now is estimated to be larger than the entire population of the US.</p>
<p>“And, while critical economic functions are still technically operational, the systemic nature of the quarantine restrictions means that production output from some of the country’s largest manufacturing centers are at their lowest levels since the initial shutdown in early 2020.”</p>
<p>He said that as well as a clearing of backlogged China freight, other factors that could again disrupt the market include ongoing capacity reductions related to the conflict in Ukraine and if US west coast port and labour negotiations result in strike action.</p>
<p>“Assuming no sharp and sudden deterioration in baseline demand levels (which cannot be guaranteed), there is a distinct scenario in which airfreight rates spike again, even from these elevated levels,” Chan said.</p>
<p>He pointed out that even though the market has softened on the demand side in recent weeks, due to pressure on consumer spending and a post-Covid rotation from goods to services, rates in April remained at historic high levels – although there have been some signs of pricing easing on some trades since then.</p>
<p>The latest figures from the Baltic Exchange Airfreight Index (BAI) show that in April the average rate from Hong Kong to North America reached $9.57 per kg, which is 12.9% up on a year earlier.</p>
<p>From Hong Kong to Europe average rates in April stood at $6.01 per kg, which is up 30.4% compared with last year.</p>
<p>“Logistics networks remain very congested and there is a real possibility that any temporary pull back in bottlenecks and rates are ‘head fakes’ and volatility will continue to be an issue until the core problems are resolved,” Chan said.</p>
<p>Peter Stallion, head of air and containers, at derivatives broker Freight Investor Services, agreed that many had expected prices to have weakened in April, although he said spot market prices are likely to be lower than index rates which also incorporate pricing on longer term deals.</p>
<p>“While we may have expected a drop off in rates from the first quarter of this year, the removal of Russian-owned airfreight capacity has artificially levered up the constraints for airfreight shippers,” he said.</p>
<p>“Asia to US rates have also seen a sharp increase, posting double digit rate percentage point increases following a collapse of available airfreight demand. However, this increase is still quite muted versus the true spot price.</p>
<p>“Transatlantic prices continued to jostle as they have done all the way through since second-quarter 2020.”</p>
<p>Stallion added that higher fuel prices are also likely to impact rates.</p>
<p>“The impacts of this fuel demand is reasonably clear, with Singapore Jet Fuel closing back up towards its previous high of $150.39/barrel (now $138.73/barrel).</p>
<p>“This will feed through into fuel surcharges and forms a component of general inflation that bleeds through into the cost of running airfreight operations.”</p>
<p>Source: www.aircargonews.net</p>
<p>Image: www.pexels.com</p>
<p>The post <a rel="nofollow" href="https://cargoworldtoday.com/airfreight-rates-to-continue-to-rise-despite-easing-demand/">Airfreight rates to continue to rise despite easing demand?</a> appeared first on <a rel="nofollow" href="https://cargoworldtoday.com">Cargo World Today</a>.</p>
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		<title>Disruption continues to hit air cargo as volumes drop again in April</title>
		<link>https://cargoworldtoday.com/disruption-continues-to-hit-air-cargo-as-volumes-drop-again-in-april/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 06 May 2022 15:51:39 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[air cargo]]></category>
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		<category><![CDATA[disruption]]></category>
		<category><![CDATA[Global Economy]]></category>
		<category><![CDATA[global logistics]]></category>
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		<category><![CDATA[the Buyer’s market]]></category>
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		<category><![CDATA[Ukraine]]></category>
		<guid isPermaLink="false">https://cargoworldtoday.com/?p=32670</guid>

					<description><![CDATA[<p><img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-aladdin-qattouri-4116184-1-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="" decoding="async" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-aladdin-qattouri-4116184-1-150x150.jpg 150w, https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-aladdin-qattouri-4116184-1-550x550.jpg 550w, https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-aladdin-qattouri-4116184-1-1100x1100.jpg 1100w" sizes="(max-width: 150px) 100vw, 150px" />The air cargo industry continues to be buffeted by a range of issues that resulted in volume declines deepening in April, according to figures from CLIVE Data Services. The Xeneta-owned&#8230;</p>
<p>The post <a rel="nofollow" href="https://cargoworldtoday.com/disruption-continues-to-hit-air-cargo-as-volumes-drop-again-in-april/">Disruption continues to hit air cargo as volumes drop again in April</a> appeared first on <a rel="nofollow" href="https://cargoworldtoday.com">Cargo World Today</a>.</p>
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										<content:encoded><![CDATA[<img width="150" height="150" src="https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-aladdin-qattouri-4116184-1-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="" decoding="async" srcset="https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-aladdin-qattouri-4116184-1-150x150.jpg 150w, https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-aladdin-qattouri-4116184-1-550x550.jpg 550w, https://cargoworldtoday.com/wp-content/uploads/2022/01/pexels-aladdin-qattouri-4116184-1-1100x1100.jpg 1100w" sizes="(max-width: 150px) 100vw, 150px" /><p>The air cargo industry continues to be buffeted by a range of issues that resulted in volume declines deepening in April, according to figures from CLIVE Data Services.</p>
<p>The Xeneta-owned data provider’s latest numbers show that air cargo volumes decline by 8% year on year in April following on from a <strong><a href="https://www.aircargonews.net/business/airfreight-rates/air-cargo-demand-takes-a-hit-in-march-but-rates-stay-high/" target="_blank" rel="noopener">4.5% fall in March.</a></strong></p>
<p>Meanwhile, capacity increased by 1% year on year in April, resulting in a nine percentage point fall in the global dynamic load factor – taking into account both weight and space –  to 62%.</p>
<p>However, load factors were “exceptionally high” in April last year at 71%.</p>
<p>CLIVE said that the conflict in Ukraine and Covid restrictions, and the rising cost of living were all having an impact on air cargo.</p>
<p>The fall in demand is likely “exacerbated by the staff shortages jolting airport handling services and manufacturing production”.</p>
<p>Despite the lower volumes and load factors, airfreight rates in April increased by 26% on last year.</p>
<p>“The rationale behind lower load factors and higher rates is the bottleneck on the ground – which appears to be being caused now by not only the shortages of people handling cargo at airports around the world and the severe lack of truck drivers to move the goods, but also by a wider shortage of people for lower paid logistics jobs,” said Niall van de Wouw chief airfreight officer at Xeneta. “We are now seeing this larger theme impacting the entire supply chain.”</p>
<p>Shortages of goods in stores or available online, longer lead times for some products, higher shipping costs, and flight delays and cancellations are all consequences of these market conditions, he added.</p>
<p>“The hike in living costs and lower disposable incomes for consumers are other undoubted contributors to the slowdown in volumes.”</p>
<p>Looking ahead, van de Wouw said that the re-introduction of passenger services for the summer season would also begin to impact the market.</p>
<p>On the transatlantic, for example, load factors dropped by 12 percentage points in one month.</p>
<p>“This was caused by a big jump in North Atlantic passenger capacity as airlines stepped up their summer schedules,” CLIVE said.</p>
<p>Additional passenger flights are also expected to “takes some of the heat out of the demand/supply market,” he said, and potentially lead to a downward pressure on rates.</p>
<p>“During the last week of March, capacity increased by 15% compared to the previous week,” said van de Wouw. “This significant increase in space reinforces our previously stated forecast that the North Atlantic market will most likely be the first to return to some kind of normal, because of the high share of belly capacity on this lane.</p>
<p>“In terms of the dynamic load factor, we are seeing this shift starting to happen as we move from a Seller’s market to a Buyer’s market for air cargo. However, the issues on the ground might delay the Buyer’s market a bit longer.”</p>
<p>Source: www.aircargonews.net</p>
<p>Image: www.pexels.com</p>
<p>The post <a rel="nofollow" href="https://cargoworldtoday.com/disruption-continues-to-hit-air-cargo-as-volumes-drop-again-in-april/">Disruption continues to hit air cargo as volumes drop again in April</a> appeared first on <a rel="nofollow" href="https://cargoworldtoday.com">Cargo World Today</a>.</p>
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