Фрахтовый рынок Азовского и Каспийского моря. Неделя 19, 2021

Azov and Caspian Freight Market, Week 19, 2021

  • On week 19, there is a slight increase in freight rates in the Azov Sea region. Thus, the rate for the shipment of 3,000 mts of wheat from Azov to Marmara Sea ports rose to $20 pmt. According to Sea Lines shipbrokers, the increase in freight rates in all directions is due to the shortage of vessels in the Sea of Azov. Many shipowners still prefer to take cargoes from the Ukrainian Black Sea ports, where charterers offer higher rates, or to operate in the Marmara and Mediterranean Seas.

    At the same time, the trend for shipments of corn and wheat to the ports of the eastern coast of Italy is maintained quite active, which leads to an increase in rates in this direction also. In addition, there is a shortage of cabotage vessels in the Russian River for grain cargoes from the ports of the Middle Volga towards the Caspian and the Sea of Azov, since most ship owners prefer better-payed cargoes going in the northern direction.

    On week 19, freight rates for 3,000-5,000 dwt bulkers from the port of Azov grew.

    According to Sea Lines, freight rates for wheat parcels from Azov made $18 to the Black Sea, $20 to Marmara, $32 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 also increased.

    On week 19, freight rates for shipping corn by 3,000 dwt bulkers to Iran made $25 from Aktau, $27 from Makhachkala, and $29 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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