Industry News

The year began with the fall of the freight market

14 Jan

According to the freight company "glogos proekt" in the first week of 2018 freight rates have fallen from 10-12 dollars per ton.

on average, now they are 28-31$ on the basis of RST – TBS, thus, two days after losing 25% of the average level of the last week of 2017.

the Fall of the freight market has contributed to the lack of ports in the Azov-black sea region cargo, and formed after the Christmas holidays a lot of free tonnage, returned from long and short flights. Shipowners hope that next week rates will increase after January 14, 2018, will finally impose ice restrictions and therefore will reduce the number of vessels entitled to operate in the sea of Azov.

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