09/10/2019

On the 41th week, the freight rate reached level of usd 22 per ton of wheat. River is working very actively, because navigation ends soon and owners try to make as many voyages as it is possible before this time.

In Caspian sea region freight rates are increasing, on 41th week freight rate from Astrakhan to NIP reached the level of usd 31 per ton of corn. The harvest of grain has ended in some regions of Kazakhstan, so, as well as the last week, there is a lack of spot tonnage. Despite the large amount of cargo, owners are not in a hurry to fix their ships, waiting of further growth in freight rates.