During the week, as part of the Black Sea grain initiative, 18 ships departed from the ports of Great Odesa in Ukraine and exported half a million tons of grain and other food products, reported Ukrainian Shipping Magazine.

Business Recorder reported that the Karachi Port Trust handled 218,757 tons of cargo in the last 24 hours, with 157,082 tons of imports and 61,675 tons of exports.

By the end of 2023, Kernel intends to construct a new transhipment terminal named Development Reni Terminal in the port of Reni on the Danube, reported Ukraine Business News.

Business Recorder reported that the Karachi Port Trust handled 163,465 tonnes of cargo in the last 24 hours, with 111,862 tons of imports and 51,603 tons of exports.

A total of 29,000 tons of Uruguayan agricultural products were loaded onto two bulk carriers that arrived at the Port of Montevideo, according to PortalPortuario.

Ukrainian Shipping Magazine reported that Ukraine's agricultural exports through the ports of Great Odesa totaled 450.3 thousand tons in the week ending April 30, 2023.

The landmark deal between Ukraine and Russia protecting grain supply shipments could expire on May 18th if Russia refuses to renew it, warned Turkey on Tuesday, reported by the Middle East Eye.

Shipments slowed down in April of this year, according to CanalRural.

According to Business Reporter, the Karachi Port Trust managed 219,969 metric tons of cargo in the past 48 hours

US corn carriers should be in their high season, but China canceled the shipments this week, Reuters reported.

According Business Recorder, during the last 24 hours, the Karachi Port Trust managed 157,187 tons of cargo.

Indonesia's seaborne coal exports surged 32 percent Year on Year, mainly due to increased demand from China and other smaller economies in East and Southeast Asia, as Hellenic Shipping News reports.

DNV has reported that Maran Dry Management Inc. (MDM) has delivered two Newcastlemax bulk carriers - Ubuntu Unity on February 28 and Ubuntu Community on April 18, both built by Shanghai Waigaoqiao Ship Building Co., Ltd. (SWS). These two ships are the first LNG-powered bulk carriers to join MDM's fleet and are DNV-classed.

Xinhua News Agency has reported that China's coastal bulk cargo index experienced a decline in the week ending April 21, 2023, according to the Shanghai Shipping Exchange (SSE).

This week the market got off to a slow start, with a healthy supply of Pacific tonnage and limited demand, mainly from the east coast of Australia to China, says The Baltic Stock Exchange.

The Baltic Exchange’s primary index tracking rates for ships transporting dry bulk, had its biggest single-day gain since mid-March, reports Reuters.

StoneX consultancy released its first wheat harvest forecast for the 2023/24 season

An increase of over 100 percent when compared to the same time last year

Lower rates for the larger vessel segments weighed on the main sea freight index

Baltic Exchange was unchanged on Thursday