Фрахтовый рынок Азовского и Каспийского моря. Неделя 23, 2022

Azov and Caspian Freight Market, Week 22, 2022

  • On week 23, a sharp increase in freight rates is recorded in the Azov-Black Sea region. Thus, the rate for a 3K wheat parcel from Azov to Marmara Sea ports is $46 per ton.

    According to Sea Lines shipbrokers, despite the end of the grain season, more and more cargo is appearing in the market every day. Some farmers offer lower prices on the eve of the new harvest in order to sell the remains of their crops, although this can hardly be called massive.

    In addition, shipments from the Russian river ports are being actively discussed, and are expected to start at the end of this month.

    Ukrainian grain still continues to be actively exported at prices lower than those for Russian grain, but the difference in cost is leveled by freight. Due to the military risks and long queues for loading, the difference in freight rates can be as much as $50.

    According to Sea Lines, on week 23, freight rates for shipping wheat by 3,000 dwt bulkers from Azov make $44to the Black Sea, $46 to Marmara, $60 to Mersin and $66 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 remain on the previous week’s level.

    On week 23, freight rates for shipping corn by 3,000 dwt bulkers to Iran make $20 from Aktau, $27 from Makhachkala, and $32 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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