Black Sea grain flow towards Mediterranean & Continent // week 34

Brief summary:

- The volume of grain enroute (at sea) has inched down from 4.82 to 4.76 million tons;

- Grain volumes heading for the ports of Turkiye, Algeria, Italy, Tunisia and Lebanon have increased by up to 25%;

- Despite the fact that the number of vessels laden with Black Sea grains has grown from 213 to 240, the Handysize and Panamax/Kamsarmax tonnage count has dropped from 108 to 104 and from 17 to 13, respectively;

- The volume of discharged grain has increased from 1.22 to 1.87 million tons (+53.7%), while the number of discharged vessels has just inched up from 72 to 83 (+15.2%) since the main increase has fallen on the Handysize/Handymax segment;

- Libya is the only country showing a decline in volumes of imported (discharged) grains;

- The volumes of imported Black Sea grains have decreased by almost 2 times in Egyptian ports and by 2.5 times in Spanish ports.