Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Saudi Arabia’s National Grain Co intends to build a new grain terminal in Yanbu port with a capacity of 96,000 MT of silo storage and 60,000 MT of flat storage. The terminal is to have 800 MT per hour discharge and will be able to handle up to 3 MMT of grain per year. This is to be the first dedicated grain terminal in Yanbu port. Israel says it will give discharge priority to grain vessels due to concerns about possible shortages of supply. Priority will be temporary with the current program lasting until 24 April. Both Ukraine and Russia have been important grain suppliers to Israel. Egypt says it has been assured by the Russian minister...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.