Freight for transporting grain by Panamax has become cheaper globally

Published 2024년 3월 15일

Tridge summary

The Ukrainian Grain Association has reported that the transportation rates for corn from the ports of Reni and Izmail to various locations have remained stable. Rates range from 26-27 $/t to Marmari, up to 48-49 $/t to Seville. Freight rates for transportation by 'Handysizes' from deep-water ports to locations such as the Mediterranean coast of Egypt and Spain also remained unchanged, ranging from 30-32 $/t to 34-35 $/t. Freight for transporting corn by Panamax to China is set at 60-62 $/t, and by barges to Constanta costs 12-13 €/t.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is reported by the Ukrainian Grain Association based on data from Atria Brokers. On January 14th, the rates for the transportation of corn by “bonfires” of 6000 tons from the ports of Reni and Izmail directly to Marmari were lost at the level of 26-27 $/t, the saving of Greece - 30-32 $/t, the saving of the Mediterranean - 35 -37 $/t, Israel - 41-42 $/t, Italy - 38-39 $/t, Spain - up to 44-45 $/t, Seville - up to 48-49 $/t. Freight rates for the transportation of corn by "Handysizes" from deep-water ports for the main routes also remained unchanged: to the Mediterranean coast of Egypt - 30-32 $/t, to Italy - 32-33 $/t, to Spain - 34 -35 $/t , to Tunisia - 36-38 $/t. Freight for ...

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