By the 25th week, the freight rate remains at the same. Shipment of 3,000 mts of wheat from Azov to Marmara sea ports is at USD 32 pmt level.
This rate is mainly for fleet spot positions. Shipowners, whose vessels are opened on later dates, prefer to wait and look for cargo at higher rates.
On the 24th week, freight rates in the Azov region continue to hold a record level for June. Transportation of 3000 mts of wheat from Azov to Marmara Sea ports remains on the level of USD 32 pmt. The demand for spot tonnage in the market is not decreasing, which allows to maintain a high level of freight rate.
On the 23rd week, for the first time since the long and rapid increase in freight rates, in the Azov sea region the rates have remained at the previous week level. The price for transportation of 3,000 mtons of wheat from Azov to Marmara sea ports remains at USD 31-32 pmt level.
On the 22nd week, freight rates in the Azov region continue to grow rapidly. The rate for the shipment of 3,000 mts of wheat from Azov to Marmara sea ports reaches the level of USD 32 pmt.
At the same time, many shipowners, considering the high demand for tonnage, ask for higher rates for their vessels, up to USD 35 per metric ton.
On the 21st week freight rates continue to rise in Azov sea region. The freight level for Azov – Marmra sea ports has already reached the level of USD 27-28 pmt for 3000 mts wheat shipment. Most charterers try to ship their cargo before the end of May, which, together with the shortage of spot tonnage, leads to a rapid increase in freight rates.
On the 20th week the freight rates in the Azov-Black Sea region continue to grow. Thus, the rate for the shipment of 3,000 mts of wheat from Azov to Marmara Sea ports is USD 22 pmt. Many charterers prefer having shipped their cargoes before the beginning of June, when the floating export tax will be […]
On the 19th week there is a slight increase in freight rates in the Azov Sea region. Thus, the rate for the shipment of 3,000 mts of wheat from Azov to Marmara Sea ports rose to USD 20 pmt. The increase in freight rates in all directions is due to the shortage of vessels in the Azov Sea. Many shipowners still prefer to take cargoes from the Ukrainian Black Sea ports, where charterers offer higher rates, or to operate in the Marmara and Mediterranean Seas.
On the 18th week in the Azov sea region freight rates are mostly maintained at last week’s level. Thus, the rate for the shipment of 3,000 tons of wheat from Azov to Marmara sea ports remains at the level of USD 18 pmt. Despite the continuation of the lockdown in Turkey and the complication of the economic situation in the country, the flow of cargoes to this direction remains stable, which allows to maintain the current level of freight rates.
On the 17th week there is a slight increase in freight rates in the Azov-Black Sea region. Thus, the rate for the shipment of 3,000 tons of wheat from the Azov Sea to the ports of the Marmara Sea is USD 18 pmt. This is primarily due to the shortage of vessels in the Azov sea.
On the 16th week, the Azov-Black Sea region has again seen a drop in freight rates. Thus, the rate for the shipment of 3,000 tons of wheat from the Azov Sea to the ports of the Marmara Sea is $ 16 per ton. Charterers continue to point out the difficulty of concluding contracts for Turkey and are increasingly focused on the Eastern Mediterranean countries and Italy. At the beginning of May, there will be a slight increase in shipments of corn to these destinations.
