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Traffic on the Sulina Canal has resumed – risks and high freight rates remain

The situation in the Black Sea and Danube freight market remains tense due to security risks and restrictions on navigation. Traffic through the Sulina Canal has resumed, but it remains unstable, which complicates voyage planning and hampers freight transport activity. Freight rates remain high.
Vadim Chetrari Vadim Chetrari Reading time: 2 minutes
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Sulinsky Canal

For example, according to estimates by the freight department at Atria Brokers, the cost of transporting a 6,000-tonne consignment of maize from Ukrainian Danube ports to Egypt is around $100 per tonne. Rates have remained unchanged over the past week, but they are still too high for many grain exporters. According to ASAP Agri, the number of new charter deals remains low, reports the Ukrainian Grain Association.

Additional difficulties are arising in the barge shipping sector. Despite the resumption of navigation in the ‘280-kilometre’ section of the Danube, draught restrictions on vessels remain in force. This reduces the loading capacity of barges and perpetuates a shortage of suitable-tonnage transport. This strengthens shipowners’ positions during negotiations on new cargo shipments.

Logos Press previously reported that in Moldova, near the Giurgiulești port complex, the ‘72-mile’ agricultural cargo logistics mechanism has been introduced. It enables the transhipment of grain and other agricultural produce from road vehicles to barges away from the port quay at the specified section of the Danube bank. This option will speed up the flow of cargo vessels along the Moldovan section of the Danube.

This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.


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