Freight rates
Freight rates for “handy sizes” in the Black Sea have fallen
Due to the decrease in demand and the large amount of free tonnage, freight rates in the Danube-Black Sea basin have decreased.
Freight rates in the Black Sea are recovering
Demand for sea freight from exporters is gradually recovering due to early grain trade activity.
Freight rates to the Mediterranean have reached a minimum
Over the past week, freight rates for water transport over short distances have significantly decreased.
Freight rates in the Black Sea continue to fall
The increase in the supply of free tonnage in the Black Sea contributed to the decrease in the cost of transportation from the ports of Odesa.
Handysize freight rates continue to fall
Freight rates for the transportation of grain from Ukrainian ports in the segment of “coaster” and “panamax” remain unchanged.
The rates of coasters in the Black Sea fell significantly in April
Due to the lack of new cargo shipments with a large amount of free tonnage, the Black Sea index of short-distance transportation decreased by 4.4%.
Freight rates in the Black Sea fell due to lower export rates
The reason for the decrease in ship freight rates in the ports of the Danube and Great Odesa was the shortage of cargo.
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 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.
