The analysts: Sea freight rates continue to decrease

Freight for sea transportation from Ukraine continues to decrease by $2-4 per ton.

Active use of the maritime corridor of the Ukrainian Armed Forces by market participants provides confidence and increases shipment volumes, Spike Brokers analysts reported.

Thus, sea freight rates for using the corridor continue to decrease by $2-4 per ton, depending on the direction.

In turn, the decrease in the flow of goods through the ports of the Danube caused a decrease in river freight rates in the direction of Constanta to the level of €25-32 per ton.

According to analysts, freight rates for river-sea vessels also decreased in various directions by an average of $10 per ton.

Market rates for transportation by water transport:

• Izmail, Ukraine — Constanta, Romania — 25-30€ (1-3 thousand tons),

• Izmail, Ukraine — Eastern Italy — $55-50 (4-6 thousand tons),

• Chornomorsk, Ukraine — Spain — $50-55 (25-35 thousand tons),

• Chornomorsk, Ukraine — Spain — $40-45 (55-65 thousand tons).