Фрахтовый рынок Азовского и Каспийского моря. Неделя 6, 2022

Azov and Caspian Freight Market, Week 6, 2022

  • On week 6, freight rates continue to fall in the Azov and Black Sea region. The rate for a shipment of 3,000 tons of wheat from Azov to the Marmara Sea ports is $34 per ton.

    According to Sea Lines shipbrokers, the wheat and corn market is still in a deplorable state, there are practically no deals from Russian ports. Ukrainian wheat is trading somewhat better, so some shipowners prefer cargoes from the ports of the Black Sea. That prevents the Sea of Azov freight market from collapsing.

    Most active trade is observed for subcultures now, and the most popular destination is Italy. As a result, rates to the Adriatic ports do not fall as quickly as to other destinations.

    Importantly, this week quota distribution for wheat, corn and barley shipment for the period starting February, 15 till the end of June, 2022 has been published. Now charterers can start planning shipments of these grain products for the upcoming months.

    According to Sea Lines, on week 6, freight rates for wheat parcels from Azov make $32 to the Black Sea, $34 to Marmara, $54 to Mersin and $59 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 went up.

    On week 6, freight rates for shipping corn by 3,000 dwt bulkers to Iran make $29 from Aktau, $33 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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