Фрахтовый рынок Азовского и Каспийского моря. Неделя 42, 2021

Azov and Caspian Freight Market, Week 42, 2021

  • On week 42 freight rates continue to go up in the Sea of Azov and the Black Sea region. A 3K wheat parcel from the port of Azov to Marmara ports will cost $44 pmt.

    According to Sea Lines shipbrokers, the increase in rates is primarily due to the lack of spot vessels. Most charterers are searching for vessels opening this week to ship wheat and corn before the introduction of a new export fee.

    During October 20 through October 27, the export due for wheat is $61.3 per ton, that for corn increased up to $48.4 per ton, and that for barley is slightly down to $45.9 per ton.

    This week long-distance destinations such as Mersin, Italy, Greece, Greek and Turkish Cyprus became more popular, as a result of which there is an increase in rates for these destinations, Sea Lines report.

    In most cases charterers consider shipments for the beginning and middle of November. In addition to the grains subject to the export fee, shipments of peas, meal and some other cargoes with high stowage are actively calculated for these directions, Sea Lines report.

    On week 42, freight rates for 3,000-5,000 dwt bulkers from the port of Azov moved up.

    According to Sea Lines, freight rates for wheat parcels from Azov made $42 to the Black Sea, $44 to Marmara, $62 to Mersin and $64 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 region, freight rates rose slightly this week reaching $38 pmt for a 3K corn parcel from Astrakhan to North Iran. The number of cargoes from Astrakhan has decreased, but the lack of free tonnage allows of maintaining a high rate level.

    In the Caspian region, freight levels also showed a slight increase. The number of shipments from the port of Makhachkala has increased, most ship owners still prefer cargo from Astrakhan. Freight rates to the northern ports of Iran are about $39-40 per ton this week.

    In week 42, freight rates for shipping corn by 3,000 dwt bulkers to Iran made $26 from Aktau, $31 from Makhachkala, and $40 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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