12 ships have now sailed from Ukraine with grain cargoes

A total of 12 dry bulk ships loaded with Ukrainian grain for export have sailed from the war-torn country since Monday last week, when the first ship was allowed to leave the Port of Odesa following a deal between Russia and Ukraine.

Three more ships loaded with grain cleared to depart from Ukraine

An additional three vessels carrying grain have been permitted to sail out from ports in Ukraine, according to the Turkish Ministry of National Defense. A deal between Russian and Ukraine about ensuring Ukrainian grain exports is thereby given the seal of approval.

Maersk refuses to provide freight discounts to customers

There will be no price reductions on container freight for Maersk customers. Even though French carrier CMA CGM has yielded to political pressure and lowered its freight rates, its Danish competitor denies it will follow suit, the carrier tells ShippingWatch.

Traders doubt Ukraine deal: No guarantee of export

Two commodity traders indicate several aspects lacking in the deal meant to ensure export of the many millions of tonnes of grain stuck at Ukrainian ports, saying it’s unrealistic to believe the deal will have any noteworthy impact.

Maersk and Hapag-Lloyd to pay even less taxes as rate halved

The two carriers operate under the often criticized tonnage taxation scheme, and have effectively halved their tax rates during the second quarter of this year, Sea-Intelligence calculations show. The analyst bureau predicts political opposition to the scheme.

EU to investigate container rates – expects results by New Year's

In the wake of towering freight rates and massive delays, the European Commission has commenced an investigation of liner companies’ special exemption from the union’s competition rules. Industry players will have the opportunity to submit documents ”relevant to the evaluation,” spokesperson says.

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