On the 4th week freight rates at Azov-Black Sea region continue to fall. The freight rate for transporting 3000 mts of wheat from Azov to the ports of the Marmara Sea is $18 per ton.
By the third week, the price of transportation of 3,000 metric tons of wheat from Azov to the ports of Marmara sea has reached USD 20 per metric ton.
In the second week, freight rates remain on the previous week level. Due to protracted Russian new year holidays there is a low activity of all freight market participants.
The first week of 2020, as it was expected, was marked by calm on freight market due to the New Year and Christmas holidays. Most of shipowners and charterers have made deals before the new year to have a chance not to work at least on holidays. This led to a decrease in freight rates […]
On the last week of this year in Azov sea region the level of freight rates remain stable and the price for shipment of 3000 mts of wheat from Azov port to Marmara sea ports remains equal to USD 23 PMT.
On the 51st week freight rates in Above sea region remain on the previous week level and are USD 23 for shipment of 3000 mts of wheat from Azov to Marmara sea ports.
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.
