Black Sea grain freight rates from Ukraine continue to fall
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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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