On week 16, the Azov and Black Sea region has again seen a drop in freight rates. Thus, the rate for the shipment of 3,000 tons of wheat from the Sea of Azov to Marmara is $16 per ton. Charterers continue to point out the difficulty of concluding contracts for Turkey and are increasingly focused on the Eastern Mediterranean countries and Italy, Sea Lines shipbrokers report.
At the beginning of May, there will be a slight increase in shipments of corn to these destinations. In addition, on the eve of the fertilizers season, shipments from the Russian river and the ports of the Sea of Azov are gradually gaining momentum. Regarding grain shipments from river ports, charterers still note the unwillingness of cargo owners to reduce the price, as a result of which the rates for cabotage transportation and export shipments from the river continue to fall.
On week 16, freight rates for 3,000-5,000 dwt bulkers from the port of Azov declined for some directions.
According to Sea Lines, freight rates from Azov made $14 to the Black Sea, $16 to Marmara, $27 to Mersin and $35 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 increased.
On week 16, freight rates for shipping corn by 3,000 dwt bulkers to Iran made $19 from Aktau, $21 from Makhachkala, and $23 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.