Short sea market fundamentals // week 40

摘要

The Global CFI has surged by $1.33/t owing to further rate hikes in all major regions. The BlSea CFI has risen by $1.23/t and the Mediterranean CFI by $1.04/t. Freight rates have showed even more considerable increase in North Europe where the Gulf of Finland CFI has grown by $3.1/t and the Lower Baltic CFI by $2.57/t. Only the Azov sea-river market continues to weaken; note that corresponding freights have dropped less noticeably than estimated TCEs (by $1.29/t and $0.4-0.6k daily bss RV, respectively). Players refer this to worsening weather conditions in the region.