25/08/2021 Market news

On the 34th week, the freight rates in the Azov-Black Sea region continue to grow rapidly. Thus, the rate for a shipment of 3000 wheat from Azov to Marmara sea ports is USD 48 pmt. Such an increase was recorded at the end of last week, when there was a very large amount of cargoes on the market, and shipowners were in no hurry to work vessels for September dates, thereby heating up the freight market.