On the 47th week, a rapid growth of freight rates continues in the Azov-Black Sea region.
On the 47th week, a rapid growth of freight rates continues in the Azov-Black Sea region. Thus, contracts for the shipment of 3,000 mts of wheat from Azov to Marmara Sea ports are concluded on average at the level of USD 59 pmt. At the same time, at the beginning of this week, most shipowners asked mid 60s for their vessels. It is worth noting that both charterers and shipowners feel that an endless increase in rates is impossible and are preparing for some decrease.