Фрахтовый рынок Азовского и Каспийского моря. Неделя 15, 2021

Azov and Caspian Freight Market, Week 15, 2021

  • On week 15, freight rates in the Sea of Azov region remain on the previous week’s level. Thus, the rate for a 3K parcel of wheat from the Sea of Azov to Marmara is $17 pmt. According to Sea Lines shipbrokers, there are fewer grain cargoes in the market, but the level of freight rates is supported by an increase in coal and sulfur shipments to Turkey.

    Many shipowners consider only non-grain cargoes as the rates for them are often higher than those for grain. For example, the rate for coal from Rostov to the Black Sea will be closer to $17 pmt.

    Many charterers report a slight increase in demand for grains in Italy, but at the moment it is possible to conclude very few contracts.

    Shipments along the Russian river are also postponed by most shippers for later dates, since cargo owners do not agree to reduce prices yet, which leads to an increasing drop in rates for shipments from the river ports of the Middle Volga to the ports of Kavkaz, Rostov and Astrakhan.

    In addition, the number of cargo for voyages from the Marmara to the Caspian has decreased sharply, so some shipowners who previously planned going to the Caspian are reconsidering their plans, Sea Lines report.

    On week 15, freight rates for 3,000-5,000 dwt bulkers from the port of Azov mode sideways.

    According to Sea Lines, freight rates from Azov made $16 to the Black Sea, $18 to Marmara, $30 to Mersin and $36 to Egypt.

    Freight rates from Rostov AB (after bridge) are $1 above, from Rostov BB (before bridge) the same, from Yeisk and Taganrog $1 below, and from Temryuk $3 below those from the port of Azov.

    In the Caspian, freight rates declined.

    On week 15, freight rates for shipping corn by 3,000 dwt bulkers to Iran made $17 from Aktau, $20 from Makhachkala, and $22 from Astrakhan.

    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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