The Baltic Course  

Black trails of white steamers
Throughout the world shipping companies are under constant supervision by consignors, business people and … corrupt state officials. It is no coincidence that the privatization of Baltic shipping companies followed the same scenario  

Grain of rationality
Natural disasters have yet again shuffled players of the world grain market, turning recognized leaders – Canada, Argentina and Australia – into outsiders and making long-time wheat importers – the CIS countries – into exporters. The reversal of the West-East direction, while not robbing the Baltic states of their profits from grain transit, will, however, create certain troubles for them