Freight rates from Ukrainian ports remain unchanged due to limited demand
21.02.2025 - 10:53
The main reason for low freight rates was the reduction in exports by water transport due to the lack of new cargo.
The low volume of transportation in the off-season in the Black Sea and on the Danube does not give shipowners the opportunity to increase rates. This is reported by Spike Brokers.
The lack of cargo complicates the work of freight operators and maintains uncertainty in the maritime transportation market.
Current market freight rates for transportation from Izmail to Romania are €8-9 for 1-3 thousand tons. Rates from Izmail to the east coast of Italy are $26-28 for 5-7 thousand tons.
Transportation from the seaport of Chornomorsk to the east coast of Italy is estimated at $15-16 for 30-35 thousand tons, to the east coast of Spain – $16-18 for 25-30 thousand tons. tons of products.
In the event of a further reduction in exports by water transport, rates may remain stable or even decline.
Recently, USM wrote that grain unloading at the ports of Great Odesa continues to decline.
