КУРС ЦБ $ USD 92,5919 EUR 100,2704
00:00:00  00.00.0000
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Freight report, week 5 2019
Region: Volga-don basin, the Azov sea, Black sea, Caspian sea Tonnage: Bonfire
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In the Azov region continues a falling trend. For the week, the market dipped a further 1 – $ 2. Many ships are in spot and ready to discuss almost any suggestions, but hard goods in the market not much: Charterers have managed to close almost all of the contracts remaining from last year.
Of applications for sending grain shipments on the market virtually none. In addition to the lull in traditional, Turkey also reduced the roadstead transshipment. Exporters attribute this to the new requirements of the Rosselkhoznadzor. As a consequence, a significant number of vessels of sea-river out of contracts for the handling and looking for direct flights.


Now Charterers have the opportunity to proimote their rates on freight, but the increase in the number of contracts it does not. A significant gap remains between the purchase and sale prices, which cannot be mitigated only by reducing freight. As a result, actual shipments are becoming smaller, and rates continue to fall.


Given such a low market in the Azov, the ship Owners are ready to consider other regions for work. Sailors with a low draught, traditionally running from Temryuk, running away from the falling rates of the Mediterranean sea. A fleet of mixed vessels as the primary alternative considering the load from the Ukrainian ports of the Black Sea. Last year the flights went only vessels without ice class, now rates in the Azov and the Black sea almost equal. Theoretically, the outflow of unclaimed tonnage must support the level of freight in the Azov basin. But most likely excess supply of the fleet will continue, and the picture on the market will not change significantly.


On business activity in the Azov-black sea basin and the Caspian sea region also pushes the falling dollar, coupled with high grain prices in rubles leads to a decrease in the number of transactions. Great difficulties were experienced, the company signed the winter contracts to supply grain to Iran at a fixed rate. Due to exchange rate fluctuations the profitability of such work is markedly reduced. However, some traders expect the improvement due to the fact that grain reserves in Iran are depleted, the rise in procurement prices from the Iranian buyers possible in the near future that will allow you to sign new contracts.

 

Freight Report Week 5


Translated by service "Yandex.Translation"
Источники: Agro2b
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