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.
On the 33rd week, freight rates in the Azov-Black Sea region are growing rapidly. Thus, deals for shipments of 3000mts of wheat from Azov to Marmara are already concluded at the level of $ 43.
On the 32th week, freight rates in the Azov-Black Sea region remain approximately at the same level as last week. Thus, the deals for shipments of 3000 mts of wheat from Azov to Marmara are concluded at the level of $ 39. It is worth noting that the market remains quite unpredictable. Sometimes the rates […]
On the 31st week, the freight rates in the Azov-Black Sea region again recorded an increase after a slight drop observed last week. Thus, shipments of 3000 mts of wheat from Azov to Marmara are concluded at the level of $ 38.
On the 30th week, the freight rates in the Azov-Black Sea region began to fall slightly compared to the levels of the end of last week.
If on Monday the shipment to Marmara was at the level of 37-38 dollars per ton, by Wednesday the freight level again reached the level of 35-36 dollars.
On the 29th week we observe a fairly rapid increase in freight rates in the Azov-Black Sea region. Thus, the rate for a shipment of 3,000 tons of wheat from Azov to the ports of the Marmara Sea this week is at the level of $ 36 per ton. At the same time, it is worth noting that the offers of shipowners are growing up and sometimes reach $ 40 per ton.
On the 28th week, the trend up for freight rates continues in the Azov-Black Sea region. Thus, the rate for a shipment of 3,000 tons of wheat from Azov to Marmara sea ports reaches the level of USD 33 per ton this week. Despite the lack of a new crop due to severe weather conditions in the Russian southern regions, spot shipments are quite active, especially for wheat and peas cargoes.
On the 27th week, freight rates in the Azov-Black Sea region began to rise. The rate for a shipment of 3,000 tons of wheat from Azov to Marmara Sea ports reaches the level of USD 32 pmt. At the same time, it should be noted that there is a large gap in the rate between the expectations of shipowners and the level of freight that charterers are willing to pay.
On the 26th week, the freight rates in the Azov region showed a slight decrease. On the direction of Azov-Marmara sea ports, the shipment of 3,000 mts of wheat fell to the level of USD 30-31 pmt. Freight rates for long distance voyages remains at the same level, as most shipowners prefer cargoes for close destinations.
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.
