Freight rates to the Mediterranean have reached a minimum

Over the past week, freight rates for water transport over short distances have significantly decreased.

Shipping rates to Turkey, Greece and the Eastern Mediterranean have reached record lows. This was reported by Spike Brokers.

The freight of fire trucks for the transportation of corn from the Danube ports to Marmara and eastern Greece decreased by $1/t. Rates for transportation by “handy sizes” and barges remained at the previous level.

Market rates of transportation from river ports:

• Izmail — Constanta (1-3 thousand tons) — €9-10;

• Izmail — Ruse/Silistra (1-3 thousand tons) — €15;

• Izmail — Israel (5-7 thousand tons) — $25-26;

• Reni — Marmara (5-7 thousand tons) — $15-16.

Freight rates for transportation from the deep-sea ports of Great Odesa to the eastern coast of Italy (30-35 thousand tons) reach $20-22, in the direction of China (60-65 thousand tons) – $54-56, to Bangladesh (60-65 thousand tons). tons) — $55-56.

USM recently wrote that Ukraine is exporting sunflower oil for the first time as part of the Grain from Ukraine initiative.