Freight rates in Odesa region ports remain stable

The intensification of trade activity did not lead to an increase in freight rates due to the sufficient availability of tonnage.

This was reported by Spike Brokers analysts.

Rates for transportation from the Danube ports to the east coast of Italy remain stable.

Also, the large number of available ships in deep-sea ports restrains the growth of tariffs on destinations to Spain and Greece, keeping them at the previous level.

Freight rates for barge transport to Constanta also remain unchanged, despite the problem with the sediment on the Danube.

Market rates of transportation from river ports:

• Izmail – Constanta, Romania (1-3 thousand tons) – 10€

• Izmail – Ruse/Silistra, Bulgaria (1-3 thousand tons) – 16€

• Izmail – the east coast of Italy (5-7 thousand tons) – $25-27

• Reni – Marmara, Turkey (5-7 thousand tons) – $17-18

Market rates of transportation from sea ports:

• Chornomorsk – the eastern coast of Italy (30-35 thousand tons) – $21-22

• Chornomorsk – south. China (60-65 thousand tons) – $48-50

• Chornomorsk – south. Vietnam (60-65 thousand tons) – $45-46

As USM previously wrote, Ukraine plans to export 43.2 million tons of grain in total in the 2024/25 marketing year.