Russia: Freight rates in the Azov-Black Sea region remain at the same level in the 37th week

Published 2024년 9월 12일

Tridge summary

The article reports on the stable freight market in the Azov-Black Sea region in the 37th week, with a flat rate of $26 per ton for deadweight cargo sent from Azov to the Sea of Marmara ports. The main shipping destinations are Egypt and Mersin, with a high demand for niche crops like chickpeas, bran, and peas. However, strong winds in the Rostov region have led to an outflow of water in the Don River, causing a drop in water levels in the ports of Azov and Rostov and potential loading issues. Russia has also changed its duty rates on wheat, barley, and corn exports effective from September 11.

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Original content

In the 37th week, the freight market in the Azov-Black Sea region is stable. When sending 3,000 tons of deadweight cargo from Azov to the ports of the Sea of Marmara, the rate is still maintained at $ 26 per ton. The main shipping destinations are still Egypt and Mersin. Mainly, demand is noted for niche crops such as chickpeas, bran and peas. In addition, it is worth noting that in the Rostov region, due to strong winds, there was an outflow of water in the Don River. The water level has dropped in the ports of Azov and Rostov, which may lead to problems with loading. The duty rate on wheat exports from Russia from September 11 will be 906.4 rubles per ton against 1,115.7 rubles a week earlier, the duty on ...

Source: Zol