Date: 04/07/2022

Shippers worried over undue delay in clearing wheat for exports
Shippers are concerned over the undue delay in clearing wheat for exports from various ports across the country, particularly with the monsoon beginning to gather momentum. At least 17 ships are waiting across ports to load wheat consignments, as per reports last week. The problem is with the wheat stored in warehouses, mainly on the east coast ports such as Visakhapatnam, Krishnapatnam and Kakinada. The consignments can set sail only after they are cleared by authorities and have irrevocable Letter of Credit (LC) opened on or before May 13, said a report. 
Source: Exim News Service: Visakhapatnam, July 3