Russia: Impose Export Duty on Grain Cargoes Leading to Port Delays
Last week Moscow announced plans to tighten restrictions on grain exports by the introduction of export duty.
The duty is apparently aimed at preventing a shortage of grain for the domestic market.
We have received advice from local P&I correspondents (CIS Pandi Services Ltd) that port delays can be expected.
For the most up to date information on this evolving situation Members should contact their local P&I correspondents and port agents.