Morocco’s position describing the seizure of a phosphate shipment in South Africa as an act of “political piracy” was welcomed on Friday by New Zealand-based fertilizer company Balance Agri-Nutrients. Quoted by Stuff.co mediaMark Wynne, director general of the New Zealand company, described the reaction of the OCP as “pragmatic,” MAP reported Thursday. The financial implications, from our side, are only related to the ship, but we are covered by insurance anyway,” explained Mark Wein. The president of Balance Agri-Nutrients confirms that his company will continue to purchase Moroccan phosphate. This calls for referring the case of the ship NM Cherry Blossom to the merits.

Source: Stuff December 10, 2023 03:17 UTC