Freight rates in the Black Sea “frozen” in anticipation of changes in the market

The cost of transporting goods from the ports of Odesa remains at the previous level in anticipation of a change in market supply.

Market rates for the transportation of goods by “burners” from the Danube ports decreased by $1. This was reported by Spike Brokers analysts.

Freight in the directions of the Eastern Mediterranean and Israel remained at the previous level. The cost of transportation by “Panamax” and barges has remained at the level of the week before last.

“Exporters have not yet stepped up in the market in anticipation of more interesting conditions, so shipowners are forced to adjust in order to keep the charterer,” experts explain.

Currently, freight rates from river ports are:

• Izmail — Constanta (1-3 thousand tons) — 10 euros;

• Izmail — Ruse/Silistra (1-3 thousand tons) — 16 euros;

• Izmaill — school. the coast of Greece (5-7 thousand tons) — 19-20 dollars;

• Reni — Marmara (5-7 thousand tons) — 17-18 dollars.

Market rates for transportation from the deep sea port of Chornomorsk are:

• in the direction of the ports of Israel (30-35 thousand tons) — 29-30 dollars;

• to the ports of southern Vietnam (60-65 thousand tons) — 46-47 dollars;

• to ports in the south of China (60-65 thousand tons) — 50-52 dollars.

The day before, USM wrote that the Cabinet of Ministers approved the procedure for setting minimum prices for grain. Ukrainian business representatives opposed this decision.