Surveillance: Inflation Fight with Chaudhuri
Bloomberg Surveillance
00:00
The Panic in the Black Sea
The alternative would be via the river. But those require smaller barges, so it's smaller tonnage that can get through. Probably more costly, compared to loading a massive panomax or handy size dry-bock vessel. No one's going to ensure a ship coming into the Black Sea region. It's just too risky for them. And also helps Russia because what they can do, Russia also, is sitting on a massive wheat harvest. They're going to now try and grab the market share that Ukraine is not able to get there.
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