Freight rates in the Black Sea are gradually increasing
The demand for the export of Ukrainian agricultural products from the Black Sea ports is increasing after the opening of the temporary grain corridor.
The demand for the export of Ukrainian agricultural products from the Black Sea ports is increasing after the opening of the temporary grain corridor.
Along with the increase in demand in the Black Sea region, river and sea freight rates are also increasing.
Freight rates from the ports of the Danube cluster are increasing due to the limitation of the number of vessels ready to be loaded at the ports.
As a result of Russian shelling of the Danube ports, freight rates in the region have increased by 5-7 euros compared to last week.
As a result of Russia’s withdrawal from the Grain Agreement, world grain prices may increase by 15%.
Russian shelling of Odesa and Rhenia ports caused a jump in wheat prices in the world.
Brent oil rose above $74 a barrel after last week’s decline.
Prices for bunker fuel have fallen significantly. At the same time, the cost of VLSFO marine fuel reached a minimum.
The cost of newly built ships is increasing due to stricter environmental regulations in shipping.
Prices for renting state property in the Danube ports have increased significantly. At the same time, revenues to the budget from the lease of state property in Ukrainian ports fell by 20%.
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