Global tanker freight rates have dropped significantly
During March 2024, rates for tankers in the MR (Medium Range), LR (Large Range) and VLCC (Very Large Crude Carrier) segments fell.
Freight rates
Freight rates on the Danube fell significantly
During the first week of April, freight rates for the transportation of grain by barges from the Danube ports decreased significantly.
Most of Ukrainian exports go by sea
In general, during the past month, Ukraine exported 87% of all cargo by water transport.
Freight rates for the transportation of grain from Ukrainian ports have decreased
The biggest decrease in rates was observed in the “panamax” segment from the ports of Great Odesa.
Barge freight rates to Constanta have decreased
Rates for the transportation of grain by barges from the Ukrainian Danube ports in the direction of Constanta have decreased somewhat.
The analysts: Sea freight rates continue to decrease
Freight for sea transportation from Ukraine continues to decrease by $2-4 per ton.
Freight rates for bulk carriers are at a record level
Against the background of high demand for cargo delivered by bulk carriers and port congestion, dry cargo vessels of the Supramax and Handysize types reached their peak value.
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