BIMCO: Shipping Industry Dented by Soybean Trade Developments

first_imgCombined soybean exports from Brazil and the U.S. are down 7.8% in the first eight months of this year, as the main Brazilian soybean export season disappointed, according to BIMCO.The fall in volumes from the two countries has also led to an 8.5% drop from last year in the tonne mile demand generated by the two dominant soybean exporters.In particular falling exports from Brazil have hurt the shipping industry, with accumulated soybean exports from Brazil in the first eight months of this year 7.8 million tonnes lower than the first eight months of 2018, BIMCO explained. This has resulted in tonne mile demand from Brazilian exports falling by 12.9% or 83.7 billion tonne miles.U.S. soybean exports in August 2019 were the highest they have ever been in the month of August reaching 4.5 million tonnes, 1.4 million tonnes higher than exports in August 2018. However, this growth does not make up for the loss in tonne mile demand from Brazil, which exports higher volumes of soybeans than the U.S.”The coming months will determine the outcome of the year for seaborne U.S. soybean exports, with early signs that exports since September 1 seem to be following the usual pattern of increasing through September ahead of a peak in late October and November. This would be good news for the shipping industry, but it is currently too early to call the season a success,” Peter Sand, BIMCO’s Chief Shipping Analyst, said.last_img read more


Braithwaite: 70 ‘training and summoned before Eibar

first_imgQuique Setién is in a hurry to make his first signing profitable. Only in this way can it be understood that the Cantabrian coach decided to summon the former Leganés player when he only exercised one day with his new teammates and barely seventy minutes. Nevertheless, Setién believes that the Danish, at 28, has enough experience and knowledge of LaLiga to be able to perform from minute one. It remains to be seen if he will start as a starter against Eibar -in principle at the site of Ansu Fati- or he does it starting as an alternate and entering the second part. What seems clear is that Setién is not willing to miss out on any party he has available to use Braithwaite. In total, it’s 14 LaLiga and the first of that short list will play this Saturday.Apart from the great surprise of the inclusion of Braithwaite – although the presence on Tuesday of a Champions match may be another reason for the inclusion of the Danish, in order to give rest to one of the strikers-, the other proper name is the young left side of the subsidiary, Sergio Akieme, who first enters a list of the first team and it will be the alternative to Junior Firpo, which from now on will start after Jordi Alba’s injury to Getafe last weekend. Setién, who has three injured in his squad – Luis Suarez, Ousmane Dembélé and the aforementioned Jordi Alba – only has 16 players from the first team, and that adding to the new Braithwaite incorporation, so it has had to resort, apart from Akieme, to Ansu Fati to complete the call.He also has the handicap of having two players on the edge of the suspension – the central Clement Lenglet and Samuel Umtiti-, so if they see a card against Eibar they would miss the Classic. So, it remains to be seen if the Cantabrian coach reserves an important player, thinking about the Naples Champions League game on Tuesday, or if he decides to put the most competitive team at his disposal.The 18 summoned for the match against Eibar are: Ter Stegen, Net, Semedo, Sergi Roberto, Pique, Lenglet, Umtiti, Junior, Sergio Busquets, Arthur, Rakitic, Arturo vidal, From Jong, Griezmann, Messi, Braithwaite, Fati Y Akieme.last_img read more