A 52,000 thousand tonne export sale of durum wheat exported through GeelongPort is on its way to Algeria, while global supply of the commodity is tight.
The bulk carrier transporting the shipment finished loading at GeelongPort last week.
Flexi Grain secured the export sale on behalf of 23 grain growers from the Riverina region of New South Wales.
Global durum supply is currently tight; global prices are historically high and the demand for Australian product is strong.
Flexi Grain senior trader Sam Roache said logistically the Algeria sale was a logistically significant project.
“We pre-accumulated 25,000 tonnes down to Geelong over the last six or seven weeks and inter segregated storage to manage the quality,” he said.
“As we were loading the vessel, we brought down around another 25,000 tonnes from up country NSW.”
GeelongPort general manager of commercial Elias Anastasiou said GeelongPort was proud to provide facilities for organisations like Flexi Grain to facilitate exports for growers, direct from farm to ship.
“At GeelongPort we have a strong focus on working closely with our customers to provide a tailored and agile approach to their operations,” he said.
“We are continually looking at ways to evolve our assets and services to best meet the needs of our customers and it’s great to see this work come to life in exports such as this.”
This is the sixth grain vessel in the past 18 months that Flexi Grain has sent off around the globe. Flexi Grain has now exported from ports in Victoria and South Australia.
