The increasing of freight rates continues on 50th week in Azov sea region. The freight rate for 3000 Mts of wheat from port Azov to Marmara sea ports is already USD 23. The situation with bad weather conditions remains on the Kerch Strait.
On the 49 th week, the situation in the Azov and Rostov ports the situation finally improved and vessels finally got the opportunity to leave the ports to carry out their voyages.
On the 48th week in Azov sea region situation hasn’t changed. Due to bad weather conditions and low water level many vessels are stacked in ports Azov and Rostov, awaiting for situation improvement
The freight rate for shipping 3000 mts of wheat from Azov to Marmara sea ports has remain on USD 21.
On the 46th week Azov sea region has shown the level of previous week and the freight rate for 3000 Mts of wheat from port Azov to Marmara sea has remain on USD 21 PMT.
This week, Azov-Black sea region as well as on the previous week doesn’t show much activity, freight rates continue to decrease. There is a rather large amount of spot tonnage on the market.
On 44th week, after several weeks of active growth, there was a decline in freight rates by $1. Freight rate from Azov to Marmara sea is $22. Market activity decreased a little bit.
In the Azov-Black Sea region on 43rd week, freight rates stay at the same level as on the previous week. The price of transportation from Azov Sea to Marmara for a ton of wheat reached 23 dollars.
The 42th week in Azov region continues to show the positive dynamics in freight rates increase. A great amount of cargoes from Azov sea ports have led to rates’ growth.
On the 41th week, the freight rate reached level of usd 22 per ton of wheat. River is working very actively, because navigation ends soon and owners try to make as many voyages as it is possible before this time.
