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Black Sea bulk exports at risk if Russia-Ukraine tensions escalate

Dry bulk commodities from grains to coal shipped from Black Sea ports could be threatened if the situation between Russia and Ukraine intensifies, say analysts

Dry bulk market could benefit if thermal coal or natural gas flows are disrupted from Russia to Europe as tonne-miles increase, while grains from Black Sea ports could face headwinds in the near-term as a result of friction in the region

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