About past, present and future of Ukraine

Search mobile

Main Business Freight rates from Danube ports are rising due to shelling

Business

Freight rates from Danube ports are rising due to shelling

658
Freight rates from Danube ports are rising due to shelling

Share this article

Freight rates for grain transportation by coaster vessels from the Danube ports developed in various directions this week, but the overall trend was an increase. The availability of vessels remained limited.

This information was reported by the Ukrainian Grain Association, citing Atria Brokers.

It's noted that over the past five days, Russia has attacked Danube ports four times with drones, causing damage and disruptions to port infrastructure. The aggressor's attacks maintain high risks in the region.

 

odessajournal 0

 

As of September 7, 2023, freight rates for corn transportation by coasters from the ports of Reni and Izmail to Spain increased the most, by 2-4 $/mt, reaching 72-75 $/mt. Minimum rates in the Mediterranean increased by 2 $/mt to 60 $/mt, while maximum rates remained at last week's level, 62 $/mt. On the other hand, freight to Marmara decreased by 1-2 $/mt to 43-45 $/mt.

Freight rates for corn transportation by barges from the ports of Reni and Izmail to Constanta were 43 €/mt.

The freight rate for transporting granulated sunflower meal by barges to Constanta was 50 €/mt.

 

odessajournal 1

The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...