Dry Bulk Market Faces Challenges: Rising Rates And Falling Ballasters

Capt. John

Egypt, the world’s largest wheat importer, heavily depends on Russia for its wheat supply. Russia’s wheat is affordable and readily available, making it a crucial source for Egypt’s domestic needs, according to AJOT.

Frequent Tenders

The Egyptian General Authority for Supply Commodities (GASC) consistently engages in tenders to purchase large quantities of wheat from Russia, ensuring a steady flow of this critical commodity. In 2023, despite facing logistical challenges stemming from...

https://mfame.guru/dry-bulk-market-faces-challenges-rising-rates-and-falling-ballasters/

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