Book offers comprehensive review of the maritime trade in grains

by Teresa Acklin
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   LONDON — A new book written by British grains consultant Tom Sewell, “Grain, Carriage by Sea,” is a thorough guide to the maritime trade in grains, says publisher Lloyds of London Press.

   The book examines the importance of grain and its derivatives in world trade and offers an inside view of the role of brokers and merchants, corn exchanges and futures. Also included in the 385-page text is an account of the Uruguay Round negotiations, the World Trade Organization and the problems facing the global grain economy; the importance of developing nations and the ships that serve them; the relevance of international agreements and conferences; and a detailed account of grain shipping, ports and terminals, including freight rates, charter markets and charter parties, arbitration and contracts. An appendix lists the world's grain import terminals.

   “This is the volume to which any participant in the grain business — grower, trader, shipper or user — could use to gain a rapid and thorough understanding of the background, structure and logistics of the vital round-the-world trade in grains,” said Peter Brown, a commodities consultant and arbitrator based in Essex, England. “The book should be an addition to the libraries of every agricultural education institution and legal firm dealing in commodities and shipping, and on the shelves of every trade association, commercial attache and business.”

   Mr. Sewell, a long-standing senior British diplomat involved with the U.K. accession to the European Community, is an international grains consultant and writer. Also contributing to the text was Keri Phillips, formerly editor of the International Bulk Journal.

   The book is available for £75 (U.S.$120).