Фрахтовый рынок Азовского и Каспийского моря. Неделя 43 2019

Azov and Caspian Freight Market, Week 42, 2019

  • In the Sea of Azov, [rompt and spot tonnage has started to appear in the market. This fact might indicate a decline in trade activity in the region.

    The gap between owners and charterers’ Initial freight ideas is also increasing. According to Rufco shipbrokers, some sources are even reporting a slight decline in freight rates, especially for Marmara destination.

    According to Rufco shipbrokers, freight rates to the Sea of Marmara make $23-23.5 pmt from Rostov and 22.5-23 pmt from Yeisk.

    Freight rates to SE Black Sea ports are $21-21.5 pmt from Rostov and 20.5-21 pmt from Yeisk.

    Black sea coasters are holding the same position. After almost 4 weeks of slow but continuous upward movement, the rates have stabilized. During the autumn, this segment is showing strong correlation and the same dynamic as the Azov sea-river market.

    In the Caspian, freight rates have also almost stabilized. The main commodity and market driver in the region now is corn.

    Freight ex Astrakhan to Iran make $33-35 pmt this week.

    Please note that the rates cited in this article are average market rates. We ask our readers to pay attention that this information is not a commercial offer and cannot be an example for comparison in commercial disputes and arbitration.


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