Chartering market at hand // week 40

摘要

The rate downtrend has finally come to naught on the small-tonnage freight market of the Black and Mediterranean Seas, primarily due to very brisk grain exports from Ukraine. Spot tonnage list has decreased slightly. An upturn in vessel queues awaiting inspection at Istanbul before entering Ukraine’s deep-water ports even pushed corresponding rates up by $3-5/t. As for other routes, freight rates hold steady in both basins, including those for shipments from the Danube ports. However, owners are even trying to raise rates amid the strengthening of the large-tonnage market and rising bunker prices.