29/04/2021

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. Many shipowners prefer to take export fee-free cargoes from the ports of Ukraine, while most Russian-flagged shipowners focus on export cargoes from the Russian river, the number of which is increasing every day. The main destination countries are Greece and Italy, and shipments to Lebanon and Israel are also being actively calculated. At the same time, cabotage transportation is not so much in demand at the moment, since most cargo holders do not lower prices for wheat and barley and often even overestimate them. However, it is very likely that this trend will be reversed in early May.