Russia Redirects Grain Exports to the Arctic Due to Problems in the Black Sea
5 Articles
5 Articles
Russia has begun a trial export of wheat through the Arctic port of Murmansk, after the war in Ukraine and attacks on port infrastructure made the traditional route across the Black Sea difficult. The first shipment is about 30,000 tons and is intended for buyers in North Africa, News.bg reports, citing the Financial Times. Murmansk usually processes fertilizers, but for the trial shipment the facilities are adapted to load grain. The port is lo…
The destination of the first grain ship is Morocco.
<p>Russia redirects grain exports to the Arctic due to problems in the Black Sea - FT Due to disruptions in Black Sea ports, Russia is testing the shipment of wheat through Murmansk. More expensive logistics are hitting farmers and buyers.</p>
Russia, the world's largest wheat exporter, began to transport grain through the Arctic Ocean thousands of miles from agricultural regions, after Ukrainian drone attacks severely disrupted traditional Black Sea trade routes. Russian wheat exports fell by 38% in July-September, despite a better harvest than last year, and farmers are forced to sell under production costs, according to a Sunday analysis published by Financial Times. The crisis als…
Russia began testing wheat exports through Murmansk — thousands of kilometres from the regions where it is grown. Ukrainian attacks on ports and merchant ships have virtually blocked the traditional Black Sea route, writing Financial Times. This increases transport costs, and farmers are forced to sell grains below demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . …
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