Sea-river rates from Azov Sea on the rise

摘要

Exports of Russian grain from shallow-water ports keep perking up. Traders have spurred shipments due in part to the fact that an additional duty on wheat exports ($8-10/t) comes into force on Sep 1. Demand for spot sea-river vessels is very high, which is exactly what owners use: Most owners are seeking to get at least $47/t for transportation of 3,000 t of wheat from Azov/Rostov to the Marmara Sea, while many of them already quote such shipments at $50/t or even higher; At once several deals for transportation of 3,000 t of wheat from Rostov to the Marmara Sea have been signed at $45-46/t, while there are also traders ready to pay even $47/t; About 4-5,000 t of bran are carried from Yeisk to the Marmara Sea at $46/t.