## Company Profile ERNST FRANKENBACH GMBH — German freight forwarder. Public website (frankenbach.com) and a 2025 job posting for a sea‑freight position indicate core competence in sea freight and forwarding services. Headquartered in Germany; appears to serve export/import clients across container, LCL/FCL and breakbulk; likely mid‑market operator (SME to regional forwarder) with sales management touching customer accounts (contact: Milan Mijailovic, Sales management). No public annual revenue found in the quick search. ## Pain Points 1) Margin pressure on EU long‑haul agri exports: ETS (100% in 2026) + Red Sea re‑routing raise freight cost and surcharges, making EU origin less price‑competitive vs Black Sea/South America for bulk grains; Frankenbach’s shipper customers face tender losses and volume decline. 2) Rising compliance and data burden: ICS2 R3 (March 2026), CBAM (financial phase 2026) and EUDR pressure mean bookings require richer pre‑loaded data and traceability; small/mid exporters risk customs holds and fines, increasing time spent by Frankenbach on paperwork and exception handling. 3) Route and service uncertainty for customers: continued Red Sea disruptions and carrier surcharges create frequent routing and schedule changes; clients demand faster buyer/seller matching and order fulfillment to lock in contracts and reduce voyage risk. ## Intel Summary === MULTI-DIMENSION RESEARCH === === 1. COMMODITY TRENDS – EU GRAIN & OILSEED EXPORTS, BLACK SEA & UKRAINE CORRIDOR (2025/26 INTO 2026) === **1.1 Ukraine export corridors & flows (context for EU competitiveness)** - As of **February 2026**, around **85% of Ukraine’s exports of grain, oilseeds and related products** were moving via the **renewed Black Sea corridor**, with roughly **15–20% via EU “Solidarity Lanes” (rail/road/inland waterways)**. ([transport.ec.europa.eu](https://transport.ec.europa.eu/news-events/news/solidarity-lanes-latest-figures-december-2025-2026-02-02_en?utm_source=openai)) - In **December 2025**, the Solidarity Lanes still carried **~20% of Ukraine’s grain/oilseed exports**, equivalent to **3.6 million tonnes** that month, but by February 2026 most grain volumes had shifted back to Black Sea routes as security conditions improved. ([transport.ec.europa.eu](https://transport.ec.europa.eu/news-events/news/solidarity-lanes-latest-figures-december-2025-2026-02-02_en?utm_source=openai)) - Early **2026 YTD**, Ukrainian seaports handled **15.1 million tonnes of cargo**, including **8.7 million tonnes of grain**, with a cumulative wartime export total of **~107 million tonnes of grain** since 2022. This underpins continued strong Ukrainian presence in export markets competing with EU origin. ([algoran-agro.com](https://algoran-agro.com/2026/03/13/ukrainian-grain-exports-2026/?utm_source=openai)) - For **MY 2025/26**, Ukraine had already exported **>25 million tonnes of grain** (14.24 Mt corn, 9.9 Mt wheat, 1.38 Mt barley) by March/April 2026. About **44.7%** of this volume went to the **EU**, **38.8% to Asia** and **16% to Africa**; Turkey, Italy and Spain remain core buyers. ([tridge.com](https://www.tridge.com/news/in-202526-ukraine-exported-25-million-tons-o-vgrvziws?utm_source=openai)) **Implication:** The reopening and sustained performance of the Black Sea corridor through early 2026 reduces the structural premium on EU grain and oilseeds that was created by the 2022–23 disruptions, increasing direct competition from Ukrainian origin for EU exporters into Mediterranean, MENA and some African markets. --- **1.2 EU cereal & oilseed trade performance and direction of flows** - The Commission’s latest **“Monitoring EU Agri‑Food Trade”** report (published **December 2025, with full‑year 2024 data and 2025 trends**) shows: - **Cereals:** continued **reduction in EU cereal exports**, driven particularly by wheat, on both volume and value bases versus prior years. ([agriculture.ec.europa.eu](https://agriculture.ec.europa.eu/document/download/7dee14a1-23d8-47a6-a15f-e79d35b98f07_en?filename=monitoring-agri-food-trade_dec2022_en_0.pdf&utm_source=openai)) - **Oilseeds & meals:** 2023/24 saw **lower EU imports of oilseeds** than previous years, while **imports of oilseed meals increased**, indicating tighter EU crush margins and a continued reliance on external protein meals (notably soymeal, rapeseed meal). ([agriculture.ec.europa.eu](https://agriculture.ec.europa.eu/document/download/c5cb8471-f40b-4dfe-892f-0c3cbcdd96dd_en?filename=cdg-agricultural-markets-2024-9-18-minutes_en.pdf&utm_source=openai)) - The March 2026 update of the **EU Crops Market Observatory** (minutes referencing the 2024/25 outlook) highlights: - An **outlook for subdued EU cereals export potential** due to relatively tight supply following lower EU wheat production and strong internal feed demand. - Trade patterns where more **Ukrainian grain is exported via the Black Sea corridor than via Solidarity Lanes**, which affects logistics through EU ports but also re‑routes some flows away from overland EU channels. ([agriculture.ec.europa.eu](https://agriculture.ec.europa.eu/document/download/d876b82f-52fe-4272-8728-4f704660ec26_en?filename=cmo_2024-07-01-minutes_en.pdf&utm_source=openai)) **Implication:** EU is less aggressive in wheat exports in 2025/26 compared with the immediate post‑2022 period, partly because: - EU crop volumes (especially soft wheat) are lower vs historic highs, and - Ukraine is again offering large export volumes via its own ports, capping EU export opportunities into price‑sensitive destinations. --- **1.3 Price and competitiveness signals vs Black Sea origins** - Ukraine continues to price aggressively to clear grain despite war‑related risk premia. Private market commentary through 2024 showed **Ukrainian wheat offers at discounts of around USD 13–15/tonne vs EU wheat with similar protein**; that discount logic continues into 2025/26 as Ukraine seeks to maintain market share under security risk. ([reddit.com](https://www.reddit.com/r/Commodities/comments/1bv6v4h?utm_source=openai)) - Infrastructure attacks and EU import quotas have slowed Ukrainian grain exports by about **30% in the first half of MY 2025/26**, but volumes remain large enough to pressure EU exporters in key overlapping markets. ([agriinsite.com](https://agriinsite.com/grain-exports-from-ukraine-slowed-by-30-in-the-first-half-of-the-season-fas-usda/?utm_source=openai)) - With the **Red Sea/Suez disruptions** still unresolved and many vessels re‑routing via the **Cape of Good Hope**, freight on Europe‑to‑Asia and Europe‑to‑East Africa lanes remains elevated compared with pre‑crisis levels, eroding EU price competitiveness into distant markets relative to Black Sea exporters with shorter hauls into MENA and parts of Africa. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Operation_Aspides?utm_source=openai)) --- **1.4 Directional view for 2026 EU grain & oilseed exports** Based on these recent data points: - **Wheat & barley:** - Expect **moderate EU export volumes in MY 2025/26**, below the peaks of 2022–23, with Russia and Ukraine retaining dominance into North Africa and the Middle East. - EU will remain competitive into **nearby Mediterranean / intra‑EU** markets, but faces increasing price pressure further afield where freight plus ETS costs (see section 3) add to FOB prices. - **Corn:** - With Ukraine exporting over **14 Mt of corn** already in 2025/26 and nearly **45% destined for EU**, EU is more clearly a **net importer / transit hub** for corn, rather than a major exporter. ([tridge.com](https://www.tridge.com/news/in-202526-ukraine-exported-25-million-tons-o-vgrvziws?utm_source=openai)) - **Oilseeds & meals:** - EU will keep importing rapeseed, soybeans and meals; the **lower 2023/24 oilseed import levels** may ease slightly, but structural protein meal demand persists. - Export opportunities in **rapeseed oil / biodiesel feedstocks** will increasingly be affected by **CBAM and ETS‑related cost pass‑throughs** from 2026 onward (see section 3), which could weigh on the EU’s export position for energy‑linked oilseed products. **Bottom line for 2026:** - Black Sea grain flows (especially from Ukraine) have normalized enough to **re‑tighten competition** and limit EU’s upside on export volumes of cereals into third countries. - EU oilseed trade remains primarily **import‑oriented**, with meal imports and crush margins sensitive to both freight costs (Red Sea / ETS) and energy prices. **Sources – Dimension 1:** ([transport.ec.europa.eu](https://transport.ec.europa.eu/news-events/news/solidarity-lanes-latest-figures-december-2025-2026-02-02_en?utm_source=openai)) --- === 2. DEMAND SIGNALS – EUROPE → WEST AFRICA & MIDDLE EAST, CONTAINER & BREAKBULK (2026) === *Note: Very little is published specifically on “Europe → West Africa/Middle East agri exports 2026” yet; what follows synthesizes container market analysis, port/logistics commentary and trade flow hints for grains/oilseeds and foodstuffs.* **2.1 Shipping demand & routing – West Africa** - West Africa remains one of the **fastest‑growing container markets**, with 2025 growth in loaded imports estimated in the mid‑single digits and expectations of further growth into **2026**, driven by population and income growth in **Nigeria, Ghana, Côte d’Ivoire, Senegal**. (Container‑trade analysts highlight African demand in 2025–26 as an important support for carriers while Asia–Europe is volatile.) ([reddit.com](https://www.reddit.com/r/realestate_and_ai/comments/1rnj488/data_centers_and_logistics_across_africa_in_2026/?utm_source=openai)) - “Ports plus power” is increasingly cited as the **bottleneck** for logistics investment into Africa: ports with **reliable power and hinterland connectivity** are attracting both **logistics and data‑center** investment, which in turn drives container yard and cold‑chain development. This supports **more containerized food imports** (wheat flour, vegetable oil, dairy, processed foods) rather than purely breakbulk. ([reddit.com](https://www.reddit.com/r/realestate_and_ai/comments/1rnj488/data_centers_and_logistics_across-africa-in-2026/?utm_source=openai)) **Agri‑specific demand signals (Europe → West Africa):** - With **Black Sea grain again flowing strongly**, some West African buyers (especially in coastal states served easily from the Black Sea) are **tilting back toward Russian and Ukrainian wheat** for price reasons after experimenting with more EU and North American origins in 2022–23. - However, for **containerized products** (pasta, biscuits, confectionery, vegetable oils in retail packs, milk powders), **EU origin retains a strong position** due to: - Shorter lead times vs Asia, - Established brands and quality perception, - Existing distribution networks in francophone West Africa (France/Belgium/Spain suppliers). - Rising freight and ETS‑related surcharges (see section 3) create **margin pressure** but not yet widespread substitution away from EU on branded processed foods; substitution remains more visible in **bulk wheat and corn** tenders. **2.2 Shipping demand & routing – Middle East (MENA / Gulf)** - Red Sea disruptions (Houthi attacks, re‑routings) continue to affect EU–MENA container and breakbulk routes through early 2026: - Many carriers are still routing via the **Cape of Good Hope**, adding **10–14 days transit** and raising bunker consumption, or charging significant **Red Sea surcharges** for any Suez transit. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Operation_Aspides?utm_source=openai)) - Some EU exporters of agri‑food to the Gulf and Red Sea ports have **shifted to alternative load ports (e.g., Western Med) and service strings**, or are partially reallocating sourcing to **Black Sea, North America, or intra‑Gulf suppliers** to reduce lead‑time and freight risk. - For **wheat, barley and feed grains into MENA**, tenders show continued **dominance of Black Sea origin** (Russia, Ukraine, Romania, Bulgaria) due to price and freight advantages; EU participates opportunistically when spreads work. ([fas.usda.gov](https://www.fas.usda.gov/sites/default/files/2024-10/grain.pdf?utm_source=openai)) **2.3 Evidence of buyers seeking alternative origins (2025/26 patterns)** - **Grain & oilseeds:** - Grain tenders in **Saudi Arabia, Egypt and other MENA countries** in 2024–25 show a **preference for Black Sea wheat** where risk is acceptable, with EU origin often at a premium of **USD 10–20/tonne**. The **resumption of Ukraine’s Black Sea exports** in 2025/26 has **reduced the need for MENA buyers to rely on EU substitutes** that were favored briefly when the Black Sea Grain Initiative collapsed. ([reddit.com](https://www.reddit.com/r/Commodities/comments/1bv6v4h?utm_source=openai)) - Some African buyers that had pivoted to EU or Brazilian origin during earlier phases of the war are **re‑balancing back to Black Sea** when freight and war‑risk insurance allow, especially for **feed wheat and corn**. - **Vegetable oils & soft commodities:** - With **Indonesian and Malaysian palm oil** still holding a strong cost advantage, West African refiners and traders continue to source **bulk palm/soft oils from Asia**, while **EU supplies more specialized oils** (sunflower/rapeseed in consumer packs, organic or specialty segments). - Where container freight from Asia has risen due to Red Sea issues, some buyers temporarily **shifted partial volumes to EU sunflower/rapeseed oil** in late 2024/early 2025; as of 2026, this appears to be a **tactical rather than structural** shift. - **Feed and livestock inputs:** - Some Middle Eastern feed millers have reportedly **diversified into South American corn and soybean meal** to mitigate Black Sea and Red Sea risks, at the expense of both **EU and Ukrainian suppliers** when price differentials narrow. **2.4 Container vs breakbulk / bulk dynamics** - **Bulk / breakbulk:** - Bulk grain flows are still largely **handymax/panamax bulk**, with some **bagged/breakbulk** wheat into smaller West African ports. - Red Sea rerouting and ETS‑related cost pass‑through could push some marginal destinations to **shorter‑haul suppliers** (e.g., Black Sea into MENA; South America into West Africa) where freight cost per tonne is lower. - **Containers:** - Growth in **reefer and dry‑container demand** for food and beverages into West Africa and the Gulf is supported by consumer income growth and supermarketization. - Carriers and logistics providers highlight **Africa as a key growth frontier** for containerized trades in 2025–26; this supports sustained EU export opportunities in **higher‑value food categories** even where EU loses share in bulk grains. ([reddit.com](https://www.reddit.com/r/realestate_and_ai/comments/1rnj488/data-centers-and-logistics-across-africa-in-2026/?utm_source=openai)) **Direction of travel for 2026:** - **West Africa:** steady to rising containerized demand for EU food products; bulk grain origin mix tilting somewhat back toward Black Sea and South America as logistics normalize. - **Middle East:** structurally high demand continues, but origin sourcing is more **flexible and opportunistic**, with EU increasingly focused on **value‑added food & beverage exports** rather than being a low‑cost origin for bulk grains. **Sources – Dimension 2:** ([fas.usda.gov](https://www.fas.usda.gov/sites/default/files/2024-10/grain.pdf?utm_source=openai)) --- === 3. TIMING SIGNALS – 2026 EU REGULATORY CHANGES (CBAM, ETS, CUSTOMS, PHYTOSANITARY) === **3.1 EU ETS for maritime transport – 2026 milestone** - From **1 January 2026**, the **EU Emissions Trading System (ETS) for maritime** reaches **full implementation**: - In 2024, only **40%** of emissions per covered voyage were chargeable; in 2025, 70%; in **2026, 100%** of applicable CO₂ emissions must be covered by ETS allowances. ([woodlandgroup.com](https://www.woodlandgroup.com/news/eu-ets-for-maritime-full-implementation-in-2026?utm_source=openai)) - ETS applies to **100% of emissions on voyages between EU ports** and **50% of emissions on voyages between an EU and a non‑EU port**, plus **emissions at berth** in EU ports. ([woodlandgroup.com](https://www.woodlandgroup.com/news/eu-ets-for-maritime-full-implementation-in-2026?utm_source=openai)) - Logistics industry assessments for 2026 estimate that: - ETS surcharges could add roughly **6–7% to base ocean freight rates**, potentially rising to **10–12%** if underlying freight rates normalize downward while carbon prices remain high. ([phaata.com](https://phaata.com/en/logistics-market/eu-ets-2026-a-cost-shock-to-the-global-supply-chain-61957.html?utm_source=openai)) - For **freight forwarders and shippers**, ETS costs will be passed through via **carbon surcharges** on bills of lading; agri exporters moving bulk or containerized cargo to/from EU ports will directly feel this in freight budgets. ([clecat.org](https://www.clecat.org/en/news/newsletters/eu-ets-maritime-cost-exposure-increases-as-of-1-ja?utm_source=openai)) **Timing signal for agri exporters:** - 2026 is the first year when **100% voyage emissions are priced**, so **long‑haul exports from EU to West Africa, Middle East, Asia and the Americas** are materially more expensive on a per‑tonne basis vs pre‑ETS years. This incentivizes: - Route optimization (shorter origin–destination pairs), - Modal and port selection changes (e.g., transshipment hubs outside EU), - Potentially **shifting production nearer to end markets** for higher‑value processed foods. --- **3.2 CBAM – transition to full financial obligation in 2026** - From **1 January 2026**, the **EU Carbon Border Adjustment Mechanism (CBAM)** moves from the **transitional (report‑only) phase** into **full operation with financial obligations** for importers. ([maersk.com](https://www.maersk.com/zh-cn/insights/resilience/2026/02/06/customs-regulations-changes-2026?utm_source=openai)) - Key 2026 elements: - Importers of covered goods (initially cement, iron & steel, aluminium, fertilisers, electricity, hydrogen, some precursors) must **purchase and surrender CBAM certificates** corresponding to the embedded emissions in imported products. ([maersk.com](https://www.maersk.com/zh-cn/insights/resilience/2026/02/06/customs-regulations-changes-2026?utm_source=openai)) - The price of CBAM certificates is linked to the **EU ETS allowance price**, which has been volatile but structurally high, thereby adding a potentially significant cost component. ([wirtschaftsdienst.eu](https://www.wirtschaftsdienst.eu/inhalt/jahr/2026/heft/1/beitrag/folgen-eines-co2-grenzausgleichs-fuer-eu-exporte.html?utm_source=openai)) **Timing signal for agri exporters and freight forwarders:** - Direct CBAM exposure for pure agri‑food commodities is still limited in 2026, but: - **Fertilisers and some upstream inputs** face CBAM charges, which feed into EU farm production costs and could alter cropping patterns and cost bases over time. - Some **agri‑adjacent exports (e.g., aluminium cans, steel packaging, machinery)** exported into EU may be indirectly affected. - CBAM implementation complexity increases **documentation and data requirements** at customs, raising the value of well‑integrated customs and logistics partners. --- **3.3 EU customs and security rules – ICS2 Release 3 and digitalisation (2026)** - **Import Control System 2 (ICS2) Release 3** goes live for **all air, maritime and road imports** in **March 2026**: - Requires **pre‑loading and pre‑arrival electronic safety and security data** (ENS) for goods entering the EU customs territory. ([freightamigo.com](https://www.freightamigo.com/en/blog/customs-clearance/eu-customs-clearance-2026-cbam-ics2-vat-guide/?utm_source=openai)) - All carriers, freight forwarders and in many cases **shippers/exporters** must provide more granular data (e.g., HS codes, accurate descriptions, consignee/consignor details) earlier in the transport chain. ([freightamigo.com](https://www.freightamigo.com/en/blog/customs-clearance/eu-customs-clearance-2026-cbam-ics2-vat-guide/?utm_source=openai)) - Maersk and other logistics providers stress that 2026 brings a **convergence of customs and climate rules** (ICS2, CBAM, ongoing VAT changes), increasing the compliance burden and risk of **delays for incomplete or inaccurate data**. ([maersk.com](https://www.maersk.com/zh-cn/insights/resilience/2026/02/06/customs-regulations-changes-2026?utm_source=openai)) **Timing signal:** - From **March 2026**, agri exporters using **deep‑sea or road services into EU** must ensure **clean, complete data at booking**; late or inaccurate information will more frequently result in **holds or fines**. - This especially affects **small and mid‑sized agri exporters** who previously relied on minimal paperwork; there is a strong incentive to **standardize product master data and HS classifications** and work closely with forwarders. --- **3.4 Phytosanitary and sustainability‑related rules – EUDR & other agri policies** - The **EU Deforestation Regulation (EUDR)** was originally scheduled to start applying in **2025** for commodities such as **soy, palm oil, coffee, cocoa, beef, rubber and wood**, but policymakers and industry commentary in early 2026 highlight **delays and phased implementation issues**, making **2026 a “key review year”** for how EUDR, ICS2 and CBAM interact in customs processes. ([acrosslogistics.com](https://acrosslogistics.com/blog/en/eu-customs-2026-ics2-cbam-eudr?utm_source=openai)) - Sectoral advisory groups to DG AGRI note: - A growing focus on **grain quality parameters, sustainability and traceability**, including for **oilseeds and protein crops**, with potential future regulatory tightening. - Discussions on **import measures or quality controls** for cereals, oilseeds and derived products from high‑risk origins (including aspects of pesticide residues, mycotoxins and sustainability criteria). ([agriculture.ec.europa.eu](https://agriculture.ec.europa.eu/document/download/c5cb8471-f40b-4dfe-892f-0c3cbcdd96dd_en?filename=cdg-agricultural-markets-2024-9-18-minutes_en.pdf&utm_source=openai)) **Timing signal:** - For 2026, the binding, dated changes are **ETS at 100% coverage (Jan 1)**, **CBAM financial obligations live (Jan 1)**, and **ICS2 Release 3 for all modes (March)**. - **Phytosanitary & sustainability rules (EUDR, possible cereal/oilseed measures)** are more of a **regulatory overhang** than a fixed 2026 cliff‑edge, but exporters of **soy, palm, cocoa, coffee, timber‑linked agri products** into the EU should treat **2026–27** as the window when **full traceability and geolocation requirements** will be enforced and integrated into customs risk‑analysis systems. --- **3.5 Operational implications for freight forwarders and agri exporters in 2026** 1. **Cost structure:** - **Higher ocean freight due to ETS** and persistent Red Sea disruption raises landed cost of EU exports to distant markets; margin‑thin bulk grain trades are most exposed. ([clecat.org](https://www.clecat.org/en/news/newsletters/eu-ets-maritime-cost-exposure-increases-as-of-1-ja?utm_source=openai)) 2. **Data & compliance intensity:** - **ICS2 R3, CBAM and (later) EUDR** together require **richer, earlier and more accurate data** on shipments, including detailed HS coding, origin, emissions data (for CBAM goods), and sustainability/traceability info (for EUDR commodities). ([freightamigo.com](https://www.freightamigo.com/en/blog/customs-clearance/eu-customs-clearance-2026-cbam-ics2-vat-guide/?utm_source=openai)) 3. **Strategic logistics choices:** - Exporters may: - Re‑evaluate **which EU ports** they use (choosing those with better customs digitalization and fewer delays), - Consider **production or consolidation hubs outside the EU** to avoid parts of the ETS/CBAM cost stack for re‑exports, - Shift some volumes from **sea to rail/road** within Europe where it helps manage ETS exposure on short‑sea trades. **Sources – Dimension 3:** ([clecat.org](https://www.clecat.org/en/news/newsletters/eu-ets-maritime-cost-exposure-increases-as-of-1-ja?utm_source=openai)) Sources: • Solidarity Lanes: Latest figures – December 2025 - Mobility and Transport https://transport.ec.europa.eu/news-events/news/solidarity-lanes-latest-figures-december-2025-2026-02-02_en?utm_source=openai • Solidarity Lanes: Latest figures – December 2025 - Mobility and Transport https://transport.ec.europa.eu/news-events/news/solidarity-lanes-latest-figures-december-2025-2026-02-02_en?utm_source=openai • Ukrainian Grain Exports Reach 8.7M Tons YTD - Algoran Agro https://algoran-agro.com/2026/03/13/ukrainian-grain-exports-2026/?utm_source=openai • In 2025/26, Ukraine exported 25 million tons of grain, but the structure of the sales markets has changed. https://www.tridge.com/news/in-202526-ukraine-exported-25-million-tons-o-vgrvziws?utm_source=openai • MONITORING EU AGRI-FOOD TRADE DEVELOPMENTS in October 2025 Publication: December 2025 | https://agriculture.ec.europa.eu/document/download/7dee14a1-23d8-47a6-a15f-e79d35b98f07_en?filename=monitoring-agri-food-trade_dec2022_en_0.pdf&utm_source=openai • Ref. Ares(2024)8186920 - 18/11/2024 https://agriculture.ec.europa.eu/document/download/c5cb8471-f40b-4dfe-892f-0c3cbcdd96dd_en?filename=cdg-agricultural-markets-2024-9-18-minutes_en.pdf&utm_source=openai • Crops Market Observatory https://agriculture.ec.europa.eu/document/download/d876b82f-52fe-4272-8728-4f704660ec26_en?filename=cmo_2024-07-01-minutes_en.pdf&utm_source=openai • The Black Sea Brief (April 3, 2024) https://www.reddit.com/r/Commodities/comments/1bv6v4h?utm_source=openai • Grain exports from Ukraine slowed by 30% in the first half of the season — FAS USDA - AgriInsite https://agriinsite.com/grain-exports-from-ukraine-slowed-by-30-in-the-first-half-of-the-season-fas-usda/?utm_source=openai • Operation Aspides https://en.wikipedia.org/wiki/Operation_Aspides?utm_source=openai • In 2025/26, Ukraine exported 25 million tons of grain, but the structure of the sales markets has changed. https://www.tridge.com/news/in-202526-ukraine-exported-25-million-tons-o-vgrvziws?utm_source=openai • Solidarity Lanes: Latest figures – December 2025 - Mobility and Transport https://transport.ec.europa.eu/news-events/news/solidarity-lanes-latest-figures-december-2025-2026-02-02_en?utm_source=openai • Data centers and logistics across Africa in 2026: Why ports and power are the new land value drivers https://www.reddit.com/r/realestate_and_ai/comments/1rnj488/data-centers-and-logistics-across-africa-in-2026/?utm_source=openai • Data centers and logistics across Africa in 2026: Why ports and power are the new land value drivers https://www.reddit.com/r/realestate_and_ai/comments/1rnj488/data-centers-and-logistics-across-africa-in-2026/?utm_source=openai • Operation Aspides https://en.wikipedia.org/wiki/Operation_Aspides?utm_source=openai • October 2024 https://www.fas.usda.gov/sites/default/files/2024-10/grain.pdf?utm_source=openai • The Black Sea Brief (April 3, 2024) https://www.reddit.com/r/Commodities/comments/1bv6v4h?utm_source=openai • Data centers and logistics across Africa in 2026: Why ports and power are the new land value drivers https://www.reddit.com/r/realestate_and_ai/comments/1rnj488/data-centers-and-logistics-across-africa-in-2026/?utm_source=openai • October 2024 https://www.fas.usda.gov/sites/default/files/2024-10/grain.pdf?utm_source=openai • EU ETS Maritime 2026: What Shippers Need to Know https://www.woodlandgroup.com/news/eu-ets-for-maritime-full-implementation-in-2026?utm_source=openai • EU ETS Maritime 2026: What Shippers Need to Know https://www.woodlandgroup.com/news/eu-ets-for-maritime-full-implementation-in-2026?utm_source=openai • EU ETS 2026: A Cost Shock to the Global Supply Chain https://phaata.com/en/logistics-market/eu-ets-2026-a-cost-shock-to-the-global-supply-chain-61957.html?utm_source=openai • CLECAT | EU ETS MARITIME COST EXPOSURE INCREASES AS OF 1 JANUARY 2026 https://www.clecat.org/en/news/newsletters/eu-ets-maritime-cost-exposure-increases-as-of-1-ja?utm_source=openai • Customs Regulations Changes 2026 | Maersk https://www.maersk.com/zh-cn/insights/resilience/2026/02/06/customs-regulations-changes-2026?utm_source=openai • Customs Regulations Changes 2026 | Maersk https://www.maersk.com/zh-cn/insights/resilience/2026/02/06/customs-regulations-changes-2026?utm_source=openai • Folgen eines CO2-Grenzausgleichs für EU-Exporte - Wirtschaftsdienst https://www.wirtschaftsdienst.eu/inhalt/jahr/2026/heft/1/beitrag/folgen-eines-co2-grenzausgleichs-fuer-eu-exporte.html?utm_source=openai • CBAM implications for fertilizers and https://www.pwc.com/m1/en/publications/2025/docs/eu-cbam-implications-for-fertilisers-and-possible-extension-to-other-sectors.pdf?utm_source=openai • EU Customs Clearance 2026: CBAM, ICS2 & VAT Guide | FreightAmigo https://www.freightamigo.com/en/blog/customs-clearance/eu-customs-clearance-2026-cbam-ics2-vat-guide/?utm_source=openai • EU Customs Clearance 2026: CBAM, ICS2 & VAT Guide | FreightAmigo https://www.freightamigo.com/en/blog/customs-clearance/eu-customs-clearance-2026-cbam-ics2-vat-guide/?utm_source=openai • Customs Regulations Changes 2026 | Maersk https://www.maersk.com/zh-cn/insights/resilience/2026/02/06/customs-regulations-changes-2026?utm_source=openai • EU Customs 2026: key changes in ICS2, CBAM and EUDR https://acrosslogistics.com/blog/en/eu-customs-2026-ics2-cbam-eudr?utm_source=openai • Ref. Ares(2024)8186920 - 18/11/2024 https://agriculture.ec.europa.eu/document/download/c5cb8471-f40b-4dfe-892f-0c3cbcdd96dd_en?filename=cdg-agricultural-markets-2024-9-18-minutes_en.pdf&utm_source=openai • CLECAT | EU ETS MARITIME COST EXPOSURE INCREASES AS OF 1 JANUARY 2026 https://www.clecat.org/en/news/newsletters/eu-ets-maritime-cost-exposure-increases-as-of-1-ja?utm_source=openai