On week 20, freight rates in the Azov-Black Sea region began to rise again. Thus, deals for 3K parcels of wheat from Azov to Marmara Sea ports were concluded at the level of $ 0 per ton, Sea Lines shipbrokers report.
The increase in rates is primarily due to an increase in cargo traffic in the Black Sea, both from Russian ports and from the Ukrainian on the Danube, from where grain is now being exported en masse. According to Sea Lines, in Izmail and Reni there are huge queues for loading, as a result some cargoes are redirected to the neighboring Romanian and Bulgarian ports.
At the same time, there is no large flow of cargoes in the Sea of Azov. Among the main nomenclatures of goods are bran and wheat. In addition, on week 20 charterers began to calculate the shipment of grains from the Russian river, primarily to the ports of the Marmara Sea and Mersin.
According to Sea Lines, on week 20, freight rates for wheat parcels from Azov made $38 to the Black Sea, $40 to Marmara, $59 to Mersin and $62 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 were up $1.
On week 20, freight rates for shipping corn by 3,000 dwt bulkers to Iran make $22 from Aktau, $28 from Makhachkala, and $35 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.