China still with a hold on the Sunflower Meal at 65%, a reminder that often it's used as a high protein supplement for animals.
Six ships travelled from the Bosphorus North Anchorage to Odesa area ports through the humanitarian corridor. Brave, Rising Falcon, Plutus, Sally M, Tzarevich, Propus are confirmed.
No ships transited out of the humanitarian corridor on 05Nov and no inspections were reported. #myprecious
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Seven ships travelled from the Bosphorus North Anchorage to Odesa area ports on 05Nov and all were inspected by joint teams. These ships are all at the Odesa anchorage currently.
A further two outbound ships were inspected by joint teams on 04Nov and two on 06Nov meaning those ships are able to proceed to their destination.
Remember the Ocean Legend? She had started for Odesa area ports on 31Oct and promptly turned around half-way there. I had speculated to my team that her insurance had been dropped.
That was a big day for all of us who cover the Black Sea Grain Initiative and no one was able to tell us why at the time. It was confirmed this morning.
During her voyage into Odesa her insurance was revoked (due to the Russian suspension) so she sailed out with the flotilla and eventually to Constanta, Romania. She then informed the JCC she was pulling out of the Initiative altogether.
Seven ships traveled out of Odesa area ports today through the humanitarian corridor carrying over a quarter million MT of grain headed to China (3), Spain, Holland, Italy and Oman.
Russian Defence Minister Shoigu called Erdogan this morning to say Russia would “continue in the same way as before”. hurriyetdailynews.com/turkish-vessel…
Mr. Abdulla, the United Nations Coordinator for the Black Sea Grain Initiative then confirmed the announcement.
And the markets seem to be agreeing to what we’ve said all along, Russia is not operating from a position of power here, they need to continue the Grain Initiative to keep their friends happy.
78 loads and 2,209,311MT went to lower income countries according to the UN🇺🇳 categories.
Also, everyone welcome Morrocco🇲🇦 to the Black Sea Grain Initiative, 42 countries!
Three ships traveled out of Odesa area ports today through the humanitarian corridor. The Bomustafa O (22,800MT Wheat to Libya🇱🇾), the Nimet Torlak (12,690MT Sunflower Meal to Morrocco🇲🇦) and the SSI Challenger (49,000MT Corn to Germany🇩🇪).