On the 52nd week there is still the trend for a sharp reduction in freight rates in the Azov sea region.
On the 52nd week there is still the trend for a sharp reduction in freight rates in the Azov sea region. During the week, the rates on average dropped by another $ 16, decreasing to the level of USD 30 pmt for a shipment of 3,000 tons of wheat from Azov to the Marmara Sea ports. There is a very large number of spot vessels on the market. At the same time, the economic situation in Turkey remains quite difficult, despite some stabilization of the national currency in the last week.