Loss Prevention Advice
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Argentina provides an update on shortages and customs fines relating to Soya Bean imports, after a historically dry season in the country.
Argentina is typically a main grain exporter. However, in seasons like the current one, when the harvest is deficient, it becomes necessary to import grains -particularly soya beans – for the local industrial production, the Club’s statement informs.
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The general cargo vessel Xin Hai Tong 23 grounded due to engine failure while transiting the Suez Canal, as part of a northbound convoy, on its route from the Kingdom of Saudi Arabia to Egypt.
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According to China’s Ministry of Transport, no survivors found after a Chinese fishing vessel carrying 17 Chinese, 17 Indonesian and five Filipino crew members capsized last week in the Indian Ocean.
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The Ukraine Black Sea grain deal has been extended for two more months, in what U.N. Secretary-General Antonio Guterres hailed as “good news for the world,” a day before Russia could have quit the pact over obstacles to its grain and fertilizer exports.
Turkish President Tayyip Erdogan announced the extension in a televised speech and it was later confirmed by Russia, Ukraine and the United Nations.