Seafarer Shortage Stands in Way of Ukraine Grain Corridor
.High priceWhile the stakes are high for the seafarers, the implications for world markets are also major.Before Russia's invasion, which it calls a "special military operation", began on Feb. 24, Ukraine and Russia accounted for around a third of global wheat exports.The invasion sent food prices soaring, stoking a global food crisis the World Food Programme says has pushed some 47 million people into "acute hunger".The ITF says it is committed to making the grain corridor a success but equally to the safety of its members."We would expect to establish clear criteria on
Strike Paralyzes Argentine Grains Port for 2nd Day
by the second day of pay strikes by unions representing stevedores and other workers needed to dock and load recently-harvested soy and corn, union and management spokesmen said. The work stoppages threaten to slow supply from grains powerhouse Argentina, putting upward pressure on world food prices. The country is the world's top exporter of soymeal livestock feed and its No. 3 supplier of raw soybeans. "All docking and loading services are shut down at every one of the 25 ports from the city of Rosario going north along the Parana River to Timbues," Edgardo Quiroga, spokesman
Argentine Port Strike May Cut Soy Flow, Raise World Food Prices
year for exporters, smack in the middle of Southern Hemisphere soy and corn harvest season, the country's dock workers also threatened a work stoppage if their own pay demands are not met. The strikes threaten to slow supply from grains powerhouse Argentina, putting upward pressure on world food prices. The country is the world's top exporter of soymeal livestock feed, its No. 3 supplier of raw soybeans and a major producer of corn and wheat. The captains of small vessels that take river pilots out to meet incoming grains ships are demanding higher wages, Guillermo Wade, president of
