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GRAIN
GOING FOR GOLD Carriage of grain cargoes has continued to be upbeat in recent months, with ports experiencing an increase in demand compared with last year’s figures for the same period
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ajor exporters such as Australia have seen grain supplies to be at near record levels, which means the supply chain has to maintain a high level of efficiency at every level of the process, including transport, storage and shipping for export. ANZ ‘s Commodity Insights for October says that poor forecasts for northern hemisphere grains crops will provide good news for Australian exporters, although challenges to be dealt with going forward include a surge in fertiliser prices that could last into next year. Some northern hemisphere ports have been seeing good performance in recent months, however.
riga on the up
In the first three quarters of this year, 15.2m tons of cargo was transshipped through the port of Riga, Latvia, in September 2021, some 8% more cargo in comparison with the same period last year. In total, most of the handled cargo was forestry products, at 4.6m tons, with 3m tons of containerised cargo and 2m tons of grain products, the volume of which has increased by more than 10% compared to 2020. Grain production in Latvia and transshipped via the port of Riga is significant, as is the volume of agricultural product from outside the country shipped through the port. In
BULK TERMINALS
international | AUTUMN 2021
