On week 24, freight rates in the Azov region remain on a record high level for June. The rate for a 3,000 mts parcel of wheat from Azov to Marmara remains on the level of $32 pmt, Sea Lines shipbrokers report. The demand for spot tonnage in the market is not decreasing, which allows owners to maintain a high level of freight rates.
Many ship owners opt for even higher rates for their vessels, but not all charterers are willing to support this level and pay more than $32 pmt bss Marmara.
According to Sea Lines, for the end of June, there is not much cargo, traders do not conclude deals for these dates yet, as there is no understanding of how the market is going to behave closer to the beginning of the new grain season.
The export fee for Russian wheat continues to grow and has reached the level of $33.3 pmt. The export duty for barley will be $39.6 per ton, and that for corn $48.2 per ton
On week 24, freight rates for 3,000-5,000 dwt bulkers from the port of Azov remained on the same level for a third week in a row.
According to Sea Lines, freight rates for wheat parcels from Azov made $30 to the Black Sea, $32 to Marmara, $47 to Mersin and $50 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 dropped.
On week 24, freight rates for shipping corn by 3,000 dwt bulkers to Iran made $24 from Aktau, $26 from Makhachkala, and $27 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.