Black Sea grain freight rates from Ukraine continue to fall
EUR/MDL - 20.13 0.1509
USD/MDL - 17.31 0.3869
VMS_91 - 3.03%
VMS_364 - 9.54%
BONDS_2Y - 7.40%
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EURUSD - 1.16 0%
BRENT - 117.29 13.73%
SP500 - 738.65 0.07%
SILVER - 76.38 0.54%
GAS - 2.77 8.88%

A few dollars less: freight for small tonnage cargo transportation by sea from Ukraine has become cheaper

As of mid-May, there were no significant changes on the Black Sea freight market. Deficit of new cargo transportation requests remains, especially in coaster segment. As a result, freight rates are decreasing.
Vadim Chetrari Reading time: 1 minute
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During the past week, the imbalance between available free tonnage of vessels and supply of cargoes for transportation aggravated in the segment of Kosters – small vessels used for cargo transportation along coastal routes. This forced shipowners to concede on price. As a result, freight on “kosters” for grain transportation from Ukraine decreased by 1-2$/t (depending on the direction). This is reported by Latifundist with reference to ASAP Agri.

Currently freight department of Atria Brokers estimates freight of “kosters” segment for shipment of 6 thousand tons of corn from Ukrainian Danube ports to the eastern coast of Italy at 41-42$/t.



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