The 42th week in Azov region continues to show the positive dynamics
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.
Market news
In Azov-Black Sea region, freight rates continue to growth as well as on the last week
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.
40th week in Azov Sea Region has shown the improvement in market situation and rise of freight rates for main directions of this region
Steady growth in freight rate levels during last few weeks is keeping due to lack of spot tonnage, what leads owners to ask higher price for their shipping service.
The 38th week has shown a slight improvement of situation in Azov sea region
Grain cargoes appearing on the market have led to increased demand in spot tonnage, what has positively affected the freight market and has shown a growth in freight rates by USD 1.
37th week also doesn’t show any improvements
37th week also doesn’t show any improvements. Freight rates stay at the same level as on the 36th week.